tmval.Loan.olb_p

Loan.olb_p(t: float, r: float = None, missed: List[int] = None) → float

Calculates the outstanding loan balance via the prospective method. If there were missed payments, they may be indicated by supplying them to the missed argument.

Parameters

• t (float) – The valuation time.

• r (float) – The final payment amount, if different from the others, defaults to None.

• missed (List[int]) – A list of missed payments, for example, 4th and 5th payments would be [4, 5].

Returns

The outstanding loan balance.

Return type

float