prepayment estimate is a reasonable and supportable forecast of loan prepayments. In the case of a mortgage-backed security, it is the forecast of principal amortization caused by loan prepayments. A single prepayment estimate is associated with each projected interest rate environment. Estimates are used to forecast expected lives. Investors typically examine data for a range of prepayment estimates applicable to a range of preselected rate changes.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). prepayment estimate. Retrieved October 1, 2026, from http://smartdefine.org/prepayment_estimate/definitions/1160975 |
| Chicago | Barry Goldsmith. 2010. "prepayment estimate" http://smartdefine.org/prepayment_estimate/definitions/1160975 (accessed October 1, 2026). |
| Harvard | Barry Goldsmith 2010, prepayment estimate, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/prepayment_estimate/definitions/1160975>. |
| MLA | Barry Goldsmith. "prepayment estimate" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/prepayment_estimate/definitions/1160975> |