The Constant amortization scheme with multiple contracts

Year:

2020

Autor(s):

Clovis de Faro

Serie number: 816

URI: https://hdl.handle.net/10438/28796

Abstract:

Since its inception by the Brazilian System of Home Financing (Sistema Financeiro de Habita??o ? SFH) in 1971, the constant amortization scheme has become a very popular method of debt financing, even competing, particularly for home financing, with the traditional method of constant payments.