Online Financial Modelling, Budgeting and Forecasting Course

Allow for changes in Interest rates

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Now that we know how to allow for more robustness when it comes to early repayments and withdrawals, what about the interest rate. It is very rare that the reality of a debt schedule can allow for a single interest rate. Even if you have a fixed rate, at some point it may become variable or you may want to allow for a scenario where it changes.

Change interest rate

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