0risk
Member of DD Central
Posts: 217 
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Post by 0risk on Jul 31, 2018 12:22:03 GMT
Can someone point me to a good calculator, or formula, that considers the premium effect on the APR? I've been looking at the secondary market and have seen crazy offers like 20% premium. Try using Excel? Use PMT() function to get string of payments and then apply your discount/premium and use IRR() to get the new yield. Thank you. That's what I am going to do next time I sell some of my loans (for diversification purposes).
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