Table 5 Monthly payment which satisfies Prob.(
N
L
˜
>
0
) = 50% (Unit: KRW)
Age
pmt: ①
Fair price: ②
Ratio: ②/①
Expected interest rate(
i
)
60
311,090
357,359
1.148
2.91%
70
388,290
435,525
1.121
2.82%
80
518,080
558,134
1.077
2.87%