I am trying to calculate the prepayment penalty on a commercal mortgage - it
is based on yield maintenance:
Loan Amt: $13,600,000.
Term to Maturity: 10 Yrs.
Amortization Term: 29 Yrs.
Interest Rate: 6.85%
Term Remaining to Maturity: 2 Yrs. 3 Mos.
Equivalent Yield of RemainingTerm Treasury: 4.25%
I would greatly appreciate any suggestions.
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