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DV01 Tech Challenge

Loan level Cash Flow engine

Main structure

###Class: Loan

  • Loan_base: _term, _current_balance, _rate, _default(bool)

    • monthly_rate()
    • equal_pmt_amt()
    • defaulted()
    • matured()
  • Loan Pool: _loan_list

    • constructor(loan_list)
    • add loan
    • get waterfall

###Class: factors

  • Class: factors
    • prepayment_rate: assume fixed
    • default_rate: assume fixed
    • assume recovery rate = 0.4 and recovery happen immidiately

###Class: test_classes

  • Class: test_loan()

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