Multiple contractsperiodic balloon payments and constant amortization

Resumo

As far as it is known, at least in Brazil, the idea of substituting a single contract by multiple individual contracts, was first presented in Sandrini (2007), later followed in Vieira Sobrinho (2012); both addressing the concept of anatocism (the charge of interest upon interest). Nevertheless, the pioneering work of De-Losso et al. (2013) should be credited as the first to show that, considering its cost of capital, a financial institution may be better off if a single contract is substituted by multiple contracts. With their analysis focusing attention only in the case of constant installments.

Ficha do documento

Tipo

Estudo

Ano

2025

Instituição

Fundação Getulio Vargas

Fonte

Repositório da FGV

Idioma

Inglês

Acesso

Acesso aberto

Identificador

oai:repositorio.fgv.br:10438/37132

Temas

Economia

Palavras-chave

Multiple contractsConstant amortizationPeriodic balloon paymentsMúltiplos contratosAmortização constanteEconomiaSistema de amortização constanteCronogramas de amortização de empréstimos