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Residential Defeasance Program (RDP)

Calculator

Select an example or input manually

Original loan amount: $500K

TRADITIONAL PREPAYMENT

Sell home & Pay Off amount:

$500K

Sell home & Pay Off amount:

RDP
PREPAYMENT

$420K

Sell home & Pay Off amount:

THE
BENEFITS

Increase equity by:

$80K

On a $600K home value, increase ROI by 80% :

$180K vs. $100K

Business Case Example

CURRENT
TAKARA PROGRAM

Total assets: $30 billion
Portfolio FRM (#,$): 7,500, $5 billion
Avg. rate: 3.5%

Total unlocked value: $600 million
Borrower benefit per loan: $85,000
Bank fee per loan: $7,500

Bank Benefits

- New fees

- Origination flow

- Capital relief

- Improved liquidity

Disclaimer: The material on this site is intended solely for informational purposes. Under no circumstance shall it be construed, by implication or otherwise, as legal, tax, or investment advice. Synthetic Prepayment™ is a registered trademark, all rights reserved. 

All rights reserved to Takara Capital Inc., 2025.

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