The lower the rate, the higher the PLF. The initial mortgage insurance premium (MIP) payable. This is significantly higher (2.5 percent of the propertyâs appraised value) for those who wish to withdraw 60 percent or more of the total made available under the reverse mortgage during the first year of the loan. Those who need less than 60 percent in those first 12 months pay just 0.5 percent.
Know what data you need. The average accounts receivable collection period can be calculated from the following equation: Period=DaysReceivablesTurnover{\displaystyle Period={\frac {Days}{ReceivablesTurnover}}}. In the equation, days refers to the number of days in the period being measures (usually a year or half of a year).
Average retirement savings by age. This chart shows average retirement plan account balances by age as of 2014. For people under age 25, the average account balance was $3,865. For people age 25 to age 34, the average account balance was $21,524. For people age 35 to age 44, the average account balance was $54,054. For people age 45 to age 54, the average account balance was $103,269.