Author Topic: Calculating return for lending club notes bought on FolioFN (secondary market)  (Read 1559 times)

david0603

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I just started using lending club and it sounds like the annualized return won't be accurate for notes bought through FolioFN.
Is this correct; if so, does someone have a spreadsheet or something to easily calculate this value?
Thanks!

-David

Ryan_8099

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Hi David, I'm a p2p lending blogger and currently use XIRR to calculate my overall returns (both newly listed and from the secondary market) - although I do not sell notes on FOLIOfn which may make things a little more tricky.  I believe you can use IRR as well, but I'm not as familiar with it.  I outline how I use XIRR here:
http://peersociallending.com/mailbox/peer-social-lending-mailbox-2/