住房反向抵押贷款无赎回权与有赎回权产品比较研究  

Research on Comparison of the Financial Products of Housing Reverse Mortgage

作　　者：王微[1] 

机构地区：[1]常州市广播电视大学,江苏常州213001

出　　处：《安徽职业技术学院学报》2013年第1期14-17,共4页Journal of Anhui Vocational & Technical College

摘　　要：文章首先建立了保险精算模型和B-S期权定价模型;其次根据历年商品住宅数据,模拟了上海市住房反向抵押贷款的不同年龄的借款人分别办理无赎回权和有赎回权的产品可以得到的趸领额和年金额;最后对产品模拟结果进行了比较分析,以期为借款人提供产品选择的建议。This paper first constructs the pricing model of irredeemable reverse mortgage based on the actuarial theory, and the redeemable reverse mortgage according to the B--S option pricing method. Second, it respectively simulates the loan amounts of two kinds of pricing modes. Finally, it compares and analyses the simulation results of the product, in order to provide suggestions for the choice of products.

关 键 词：赎回权 反向抵押贷款 B—S期权 保险精算 

分 类 号：F832.4[经济管理—金融学]