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Methodology · AU-HOME-002

Mortgage Simulator

Simulate a mortgage through dated rate changes, extra repayments, offset balances and fees on a scheduled ledger, with reconciliation on every period.

Engines and formulas

  • E07 · Scheduled mortgage ledger

    A payment-period ledger with dated events (rates, extras, offsets, fees), §13.9 offset treatment and §12.5.8 reconciliation invariants on every period. Daily accrual is not modelled at P0.

    Registered formulas: §13.7 recurrence · §13.9 offset

Verification

Engines carry boundary tests at every bracket edge, property-based tests, reconciliation invariants and, where official worked examples exist, tests that reproduce them exactly. The full source register is on the sources page.

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