Lend Smart and Prosper
Data last updated:
Friday October 26th 2007
Friday October 26th 2007
Debt to Income (AA)
What to Expect
Shown is a chart of the Debt to Interest (DTI) ratio vs. the interest rate of loans on Prosper.com for the last three months. Also notice that this chart also shows the range of interest rates of resent Prosper.com loans for a given Credit Grade. The chart only shows one Credit Grade at a time.
Please Select a Credit Grade: AA
Linear Regression
Enter a DTI for a Listing on Propser.com and we will suggest a Interest Rate based on linear regression of the pass 3 months of Loans on Prosper. One way this maybe useful to a lender is that it is likely to predict how far a listing's interest rate may fall due to lender bidding.
Please enter a DTI: (example: 20)
Interest Rate = 7.881747 + (0.087892 * DTI)
Interest Rate = 7.881747 + (0.087892 * DTI)
| Parameter Estimates | ||||
|---|---|---|---|---|
| Variable | Estimate | Std Error | T Value | Prob > T |
| Slope | 0.087892 | 0.006885 | 12.764885 | 1.00000 |
| Intercept | 7.881747 | 0.146822 | 53.682455 | 1.00000 |
| Model Fit | ||||
| R | R Squared | |||
| 0.555025 | 0.308053 | |||
