Self-Cancelling Installment Note

A mortality-weighted note valuation for installment payments that cancel at death before maturity.

SCIN Setup

Transaction

Stated principal

Valuation date

Maturity date

Transfer comparison

Note Terms

Stated interest source

Stated interest rate

AFR compounding

Resolved AFR

Select valuation and maturity dates to resolve AFR.

Compounding

Payment frequency

Payment timing

Principal schedule

Premium solve

Mortality Basis

Sex

Smoking status

Age basis

Valuation age

Terminal age

VBT table

Base VBT uses the published base table for the selected smoking status. Health-rated VBT uses SOA-published relative-risk tables; RR 100 is the standard health table, and lower or higher RR values reflect published mortality multipliers rather than an arbitrary adjustment.

Discount Rate

Discount model

Treasury curve source

Uses Treasury yield-curve protobuf shards for the valuation date and discounts each expected SCIN payment inside the Rust engine.

Credit spread

bps

Illiquidity premium

bps

Structure adjustment

bps

Collateral adjustment

bps

Documentation adjustment

bps

Other adjustment

bps

Valuation Review

Expected cash flow and discounted present value by scheduled payment.

Ready for SCIN modeling

Calculate once to populate mortality-weighted value, expected payments, and row-level cancellation probabilities.