OUT= Data Set

The LOAN Procedure

OUT= Data Set

The OUT= option writes the loan amortization schedule to an output data set. The OUT= data set contains one observation for each payment period (or one observation for each year if you specified the SCHEDULE=YEARLY option). If you specified the START= option, the DATE variable denotes the date of the payment. Otherwise, YEAR and period variable (SEMIMONTH, MONTH, QUARTER, or SEMIYEAR) denote the payment year and period within the year.

The OUT= data set contains the following variables:

DATE, date of the payment. DATE is included in the OUT= data set only when you specify the START= option.
YEAR, year of the payment period. YEAR is included in the OUT= data set only when you do not specify the START= option.
PERIOD, period within the year of the payment period. The name of the period variable matches the INTERVAL= specification (SEMIMONTH, MONTH, QUARTER, or SEMIYEAR.) The PERIOD variable is included in the OUT= data set only when you do not specify the START= option.
BEGPRIN, beginning principal balance
PAYMENT, payment
INTEREST, interest payment
PRIN, principal repayment
ENDPRIN, ending principal balance

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