Closed-form mortgage pricing formula with outstanding principal as prepayment value

Yi-Cheng Tsai, Zheng-Hui Chen, Jan-Ming Ho, Ming-Yang Kao, Chin-Laung Lei, Szu-Lang Liao. Closed-form mortgage pricing formula with outstanding principal as prepayment value. In Proceedings of the 2012 IEEE Conference on Computational Intelligence for Financial Engineering & Economics, CIFEr 2012, New York City, NY, USA, March 29-30, 2012. pages 1-7, IEEE, 2012. [doi]

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