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## How Cashflow Projection Work | ||
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### Steps | ||
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* determine the projection dates | ||
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* start date -> There is a field in asset present the `origination date` ,which means the date when asset came into existance. | ||
* (original/scheduled) payment dates -> Then, cashflow engine will generate a vector of payment dates bases on `origination date` and `payment frequency` | ||
* remaining payment dates -> base on the input field `remaining terms`, engine will trancate the `payment dates` to get `remaining payment dates` | ||
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* project cashflow with assumptions | ||
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* projected cashflow -> Given `remaining payment dates` and `current balance` , then engine will calculate cashflow with assumption starting from `remaining payment dates` | ||
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* truncate the cashflow via `cutoff date` | ||
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* `projected cashflow` was truncated via `cutoff date` ,that's the cashflow of asset which flows into the SPV | ||
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