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Prepayment Comparison: Fixed Rate Loans Vs ... - KPM …

swap can be done in today’s market for the remaining term of the borrower’s swap. Once this swap rate is determined (the “Replacement Rate”) it is compared to the borrower’s existing swap rate.

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  Comparison, Rates, Loan, Fixed, Swaps, Prepayments, Fixed rate loan, Prepayment comparison

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