Loan_amortization: Loan Amortization
In DetLifeInsurance: Life Insurance Premium and Reserves Valuation

Description Usage Arguments Value Examples

Calculates the amortization schedule.

1	Loan_amortization(V0, n, i, i2 = 0, alic = 0, ins = 0, method)

`V0`	A numeric type value. Loan value.
`n`	A numeric type value. The number of payments.
`i`	A numeric type value or a vector of them. The interest rate of the loan.
`i2`	A numeric type value. The interest rate of the saving account.
`alic`	A numeric type value. Interest tax rate.
`ins`	A numeric type value. The rate of V0 to be paid in each period.
`method`	A string. Amortization method used ("constant_installment","interest_only", "constant_principal", "interest_only_wsavings_account" or "constant_installment_varintrate" ).

Returns a data.frame object containing Period, Payment, Pure Payment, Intrest, Amortization, Insurance, TAX and Outstanding debt.

Loan_amortization(1000,12,0.04,0,0.21,0.01,"constant_installment")
Loan_amortization(12000,15,0.04,0,0.21,0.01,"interest_only")
Loan_amortization(13000,10,0.04,0,0.21,0.01,"constant_principal")
Loan_amortization(15000,20,0.04,0.05,0.21,0.01,"interest_only_wsavings_account")
Loan_amortization(5000,5,0.04,0,0.21,0.01,"constant_installment_varintrate")