User:Edema - Revision history

Edema at 21:07, 22 January 2023

2023-01-22T21:07:15Z

Edema: /* References */

2023-01-22T21:05:00Z

‎References

Edema at 21:04, 22 January 2023

2023-01-22T21:04:16Z

Edema at 21:02, 22 January 2023

2023-01-22T21:02:48Z

Edema: /* Source File */

2023-01-22T20:49:30Z

‎Source File

Edema: /* Model */

2023-01-22T20:45:48Z

‎Model

Edema at 20:42, 22 January 2023

2023-01-22T20:42:08Z

Edema at 20:31, 22 January 2023

2023-01-22T20:31:39Z

Edema at 20:30, 22 January 2023

2023-01-22T20:30:41Z

Edema at 20:29, 22 January 2023

2023-01-22T20:29:27Z

@@ Line 19: / Line 19: @@
 == Method ==
+The method used involved create a model using real-life mortgage conditions in the Czech Republic and general principle of mortgage calculations. Some variables also used assumed values.
 == Variables ==

@@ Line 190: / Line 190: @@
 == References ==
- Madison , L.F. (2019) Understanding the four parts of a mortgage payment, NCHFA. Available at: https://www.nchfa.com/news/home-matters-blog/understanding-four-parts-mortgage-payment (Accessed: January 18, 2023).
+Madison , L.F. (2019) Understanding the four parts of a mortgage payment, NCHFA. Available at: https://www.nchfa.com/news/home-matters-blog/understanding-four-parts-mortgage-payment (Accessed: January 18, 2023).
 Shea, N. (2017) Seven factors that determine your mortgage interest rate, Consumer Financial Protection Bureau. Available at: https://www.consumerfinance.gov/about-us/blog/7-factors-determine-your-mortgage-interest-rate/ (Accessed: January 18, 2023).
@@ Line 196: / Line 196: @@
 Analyst Prep (2021) Determinants of interest rates, CFA, FRM, and Actuarial Exams Study Notes. Available at: https://analystprep.com/study-notes/actuarial-exams/soa/fm-financial-mathematics/determinants-of-interest-rates/ (Accessed: January 16, 2023).
-Bieber, C. (2021) 5 factors that affect your mortgage rate, The Motley Fool. Available at: https://www.fool.com/the-ascent/mortgages/articles/5-factors-that-affect-your-mortgage-rate/ (Accessed: January 22, 2023).
+Bieber, C. (2021) 5 factors that affect your mortgage rate, The Motley Fool. Available at: https://www.fool.com/the-ascent/mortgages/articles/5-factors-that-affect-your-mortgage-rate/ (Accessed: January 18, 2023).
 Crace, M. (no date) What is a mortgage? the basics for beginners, What Is A Mortgage And How Do I Get One? | Rocket Mortgage. Available at: https://www.rocketmortgage.com/learn/what-is-a-mortgage#:~:text=A%20mortgage%20is%20a%20type,the%20collateral%20is%20the%20home. (Accessed: January 16, 2023).
@@ Line 205: / Line 205: @@
 Pexpats (no date) How to get a mortgage in the Czech Republic as a foreigner. Available at: https://pexpats.com/how-to-get-a-czech-mortgage (Accessed: January 15, 2023).
 == Source File ==
 [[Media:Mortgage_Stock_Flow_Final.mdl]]

@@ Line 191: / Line 191: @@
   Madison , L.F. (2019) Understanding the four parts of a mortgage payment, NCHFA. Available at: https://www.nchfa.com/news/home-matters-blog/understanding-four-parts-mortgage-payment (Accessed: January 18, 2023).
- Shea                            –, N. (2017) Seven factors that determine your mortgage interest rate, Consumer Financial Protection Bureau. Available at: https://www.consumerfinance.gov/about-us/blog/7-factors-determine-your-mortgage-interest-rate/ (Accessed: January 18, 2023).
-Analyst Prep (2021) Determinants of interest rates, CFA, FRM, and Actuarial Exams Study Notes. Available at: https://analystprep.com/study-notes/actuarial-exams/soa/fm-financial-mathematics/determinants-of-interest-rates/ (Accessed: January 16, 2023).
+Shea, N. (2017) Seven factors that determine your mortgage interest rate, Consumer Financial Protection Bureau. Available at: https://www.consumerfinance.gov/about-us/blog/7-factors-determine-your-mortgage-interest-rate/ (Accessed: January 18, 2023).
 Bieber, C. (2021) 5 factors that affect your mortgage rate, The Motley Fool. Available at: https://www.fool.com/the-ascent/mortgages/articles/5-factors-that-affect-your-mortgage-rate/ (Accessed: January 22, 2023).
-Crace, M. (no date) What is a mortgage? the basics for beginners, What Is A Mortgage And How Do I Get One? | Rocket Mortgage. Available at: https://www.rocketmortgage.com/learn/what-is-a-mortgage#:~:text=A%20mortgage%20is%20a%20type,the%20collateral%20is%20the%20home. (Accessed: January 16, 2023).
+Analyst Prep (2021) Determinants of interest rates, CFA, FRM, and Actuarial Exams Study Notes. Available at: https://analystprep.com/study-notes/actuarial-exams/soa/fm-financial-mathematics/determinants-of-interest-rates/ (Accessed: January 16, 2023).
 Kagan, J. (2023) What is a mortgage? types, how they work, and examples, Investopedia. Investopedia. Available at: https://www.investopedia.com/terms/m/mortgage.asp (Accessed: January 17, 2023).
-NerdWallet (no date) PMI Calculator, NerdWallet. Available at: https://www.nerdwallet.com/article/mortgages/pmi-calculator (Accessed: January 16, 2023).
+Bieber, C. (2021) 5 factors that affect your mortgage rate, The Motley Fool. Available at: https://www.fool.com/the-ascent/mortgages/articles/5-factors-that-affect-your-mortgage-rate/ (Accessed: January 22, 2023).
 Pexpats (no date) How to get a mortgage in the Czech Republic as a foreigner. Available at: https://pexpats.com/how-to-get-a-czech-mortgage (Accessed: January 15, 2023).

@@ Line 189: / Line 189: @@
 == References ==
 == Source File ==
 [[Media:Mortgage_Stock_Flow_Final.mdl]]

← Older revision		Revision as of 20:49, 22 January 2023
Line 192:		Line 192:

	== Source File ==		== Source File ==
−	[[Media:~~Mortgage_Assessment_Stock_Flow2~~.mdl]]	+	[[Media:Mortgage_Stock_Flow_Final.mdl]]

@@ Line 128: / Line 128: @@
 The Stock Flow Diagram construct using the variables discussed is shown below.
-[[File:Edem.png]]
+[[File:Stock_Flow_Diagram.png]]
 ==  How to Use Model ==

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 [[File:MOrtgages Outstanding 2.png]]
 '''Result Two'''
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 [[File:MOrtgages Outstanding 3.png]]
 '''Result Three'''
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 [[File:MOrtgages Outstanding 4.png]]
 == Conclusion ==
 == References ==
 == Source File ==
 [[Media:Mortgage_Assessment_Stock_Flow2.mdl]]

@@ Line 168: / Line 168: @@
 Loan life of 30 years, O CZK Additional Repayment, O CZK Additional Repayments, Repayment Period = 360 months, Period Elapsed = 360 months, No Defaults
-[[File:MOrtgages Outstanding 2]]
+[[File:MOrtgages Outstanding 2.png]]
@@ Line 174: / Line 174: @@
 Loan life of 30 years, 240,000 CZK Additional Repayment, O CZK Additional Repayments, Repayment Period = 360 months, Period Elapsed = 360 months, No Defaults
-[[File:MOrtgages Outstanding 3]]
+[[File:MOrtgages Outstanding 3.png]]
@@ Line 180: / Line 180: @@
 Loan life of 30 years, 240,000 CZK Additional Repayment, O CZK Additional Repayments, Repayment Period = 360 months, Period Elapsed = 360 months, 95 months of Defaults
-[[File:MOrtgages Outstanding 4]]
+[[File:MOrtgages Outstanding 4.png]]
 == Conclusion ==

@@ Line 123: / Line 123: @@
 Total Mortgage Outstanding = Total Mortgage -Total Repayments
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 . Total Amount Repaid
 . Total Mortgage Outstanding
 To simulate these outputs, a user will adjust the variables listed below. The resulting output depends on a combination of these inputs:
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 == Results ==
+The result of this model vary depending of various variable adjustments as discussed under the "How to Use Model" section.