Prepayments shorten or reduce a deal term or the planned repayments. Several options are available in Jabatix for modelling such a situation:

• Delivery to deals
  Prepayment curves can be defined in Jabatix and an assignment can be delivered to each deal. The deadline for which a certain portion of the remaining debt was repaid is defined.  Separate payments are added to the payment plan and the interest and repayments are adjusted accordingly.

• Presentation as a balance sheet scenario
  Prepayment amounts that can be totalled at an aggregated level are spread linearly over a defined period. This allows prepayments to be simulated for a loan portfolio at cumulative level.  

• Reproduction using shift scenarios
  Individual payments can be shifted, entirely or partly, into the past, cf. Shift of Payments. In this way, it is possible to bring forward e.g. 20% of all repayments for a loan portfolio. This corresponds to a prepayment of over 20% of repayments planned for 3 to 4 years for a loan portfolio.

• Reproduction using cash flow scenarios
  Any number of cash flows can be defined and taken into account in analyses. Prepayments can be defined at relative dates at cumulative level.