Note Yield

One read, on your own numbers: enter a note's unpaid balance, its rate, the months remaining, and what you would pay for it, and see the yield its scheduled payments earn you. Educational only.

The note you are buying

Unpaid principal balance (UPB)What the borrower still owes on the note — your own figure.Note rate (annual)The note's annual rate, entered as a whole number of parts per hundred — your own figure, nothing is prefilled.Months remainingScheduled payments left on the note — your own figure.Your purchase priceWhat you would pay for the note today — your own figure. Buying below the balance is what lifts the yield above the note rate.

Non-performing note? (optional)

Chance it reinstatesYour own estimate that the borrower catches up, as a whole number of parts per hundred. Nothing is prefilled — this is your weighting, not ours.Recovery if it reinstatesWhat you would recover in that outcome, in dollars — your own figure.Chance of a modificationYour own estimate of a workout, as a whole number of parts per hundred — nothing is prefilled.Recovery if modifiedWhat you would recover in that outcome, in dollars — your own figure.Chance of foreclosureYour own estimate of foreclosing to owned real estate, as a whole number of parts per hundred — nothing is prefilled.Recovery if foreclosed (REO)What you would net selling the property after foreclosure, in dollars — your own figure.

Enter a note's unpaid balance, its rate, the months remaining, and your purchase price to see the yield on the payments you would collect.