What is the dollar amount of prepayment in month 32


Given a pool of 30 year fully-amortizing FRMs making monthly payments to investors with the following characteristics:

WAC: 5%

Pass-through rate: 4.5%

Prepayment assumption: 300 PSA

Loans were not seasoned before entering pool

This MBS has been active for a few years in collecting payments from borrowers and making payments to investors.

It's currently month 32 in the pool.

Starting pool balance month in month 32: 54,234,988

What is the dollar amount of prepayment in month 32, servicing fee in month 32, and the starting pool balance for month 33 of this security?

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Financial Management: What is the dollar amount of prepayment in month 32
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