The Constant amortization scheme with multiple contracts

Clovis de Faro

No 816, FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) from EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil)

Abstract: Since its inception by the Brazilian System of Home Financing (Sistema Financeiro de Habitação – SFH) in 1971, the constant amortization scheme has become a very popular method of debt financing, even competing, particularly for home financing, with the traditional method of constant payments.

Date: 2020-02
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