HEL (Home Equity Prepayment)

HEL (Home Equity Prepayment) is similar to the PSA prepayment model in that it starts a 2% CPR in the first month and increasing at 2% CPR until month 10. It then remains at 20% CPR for the remaining life of the pool. Increases or decreases to the standard 100 HEL are made the same way as the PSA. For twice the speed, enter 200 in the HEL input cell.

Download: HEL

Don Pistulka
Don Pistulka

Retired Credit Union CFO - Finance
Background: over 40 years in investments, asset/Liability management, banking, securities trader.
Worked for: California Credit Union, WesCorp, CalFed S&L, Crocker Bank, Carroll McEntee, Federal Home Loan Bank Board (D.C.), Western Asset Management, Security Pacific National Bank.

Leave a Reply

Your email address will not be published. Required fields are marked *