It does not matter how balance-due is calculated either using separate loans or combining the loans, 30 year or quarterly basis as long compounding is done correctly.
The bill H.R. 491 is being evaluated. Could you provide a Fannie Mae 30 year amortization schedule at a 5% interest rate as given in the bill H.R. 491 for a loan with the principal obligation being $59.9 billion in 2009. Dividend payments to the Treasury currently total $154,375,000,000.
Please notice and use the draw date, which is applicable in forming a loan by the bill's provisions and not the quarter and year as used in your presentation.
Thank you for reviewing the calculations and understanding the simple math being applied.
Yes, Cap's bill is very favorable.
It puts near $40B in equity back on the books of the two.
Simple way to recap them is to treat them fairly.
Now if they would give them the bounty they took for the settlements on their behalf that did not go to them directly.
Next would be a settlement to the shareholders. Canceling the warrants and another $40B in shared / settlement pro-rata would do the trick and we'd be done with this mess they created.