tmval.Loan.olb_r

Loan.olb_r(t: float, payments: tmval.value.Payments = None) → float

Calculates the outstanding loan balance at time t, using the retrospective method. If the actual payments differ from the original payment schedule, they may be supplied to the payments argument.

Parameters

• t (float) – The valuation time.

• payments (Payments) – A list of payments, if they differed from the original payment schedule.

Returns

The outstanding loan balance.

Return type

float