November 29, 2013 at 2:23 pm EST
#4435
jholzknecht
Keymaster
Nothing in the guidance for small creditor portfolio loans addresses deferred payments. Appendix Q addresses when the deferred payments are included in debt. It assumes that the deferred debt has scheduled payments once the payments begin. I am curious how you arrived at 15 years and 5%. Are those the numbers used in the contract for the deferred debt?