1. Cash Flow Engine Reference Guide
  2. Cash Flow Dictionary
  3. Cash Flow Columns
  4. Residual Amount (RESIDUAL_AMOUNT)
  5. Data Verification Requirements and Suggested Defaults

8.2.131.3 Data Verification Requirements and Suggested Defaults

  1. If AMRT_TYPE_CD = 840, RESIDUAL_AMOUNT > 0.
  2. If AMRT_TYPE_CD = 840, CUR_PAYMENT should include the P and I payment amount required to amortize the Current Principal Balance to the residual amount by the Maturity Date.
  3. If AMRT_TYPE_CD = 840 and ADJUSTABLE_TYPE_CD <> 0, the Cash Flow Engine will re-compute the CUR_PAYMENT on each Reprices Date so the principal will amortize to the RESIDUAL_AMOUNT at maturity of the instrument.