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Glossary > P > "Paydown Factor" Definition

Paydown Factor

Each month a portion of cash is subtracted from the principal of a mortgage security. This amount is then divided by the original principal of the security and is reported as the paydown factor.

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Paydown Factor - Each month a portion of cash is subtracted from the principal of a mortgage security. This amount is then divided by the original principal of the security and is reported as the paydown factor.

Paydown Factor : each month a portion of cash is subtracted from the principal of a mortgage security. this amount is then divided by the original principal of the security and is reported as the paydown factor.