Premium Finance Worksheet Prepared for: Valued Client Bank: TBD
Product: TBD
LOAN PROJECTIONS Year Age
Insurance Premium Loan Interest Rate Borrowed
Interest Due
Interest Paid
Additional Out of Pocket
INSURANCE & COLLATERAL PROJECTIONS Interest Accrued
End of Year Loan
Insurance Premiums / Cash Flow
Cash Surrender Value
Premium Deposit Account (EOY)
Collateral Shortfall
Death Benefit
Death Benefit After Loan
1
44
$2,464,141.00
2.80%
$68,995.95
-$68,995.95
$0.00
$0.00
$2,464,141.00
$515,000.00
$96,336.00
$1,960,980.28
-$406,824.72
$13,442,183.00
$12,939,022.28
2
45
$0.00
3.00%
$73,924.23
-$73,924.23
$0.00
$0.00
$2,464,141.00
$515,000.00
$631,040.00
$1,456,078.32
-$377,022.68
$13,442,183.00
$12,434,120.32
3
46
$0.00
3.20%
$78,852.51
-$78,852.51
$0.00
$0.00
$2,464,141.00
$515,000.00
$1,201,772.00
$961,076.40
-$301,292.60
$13,442,183.00
$11,939,118.40
4
47
$0.00
3.40%
$83,780.79
-$83,780.79
$0.00
$0.00
$2,464,141.00
$515,000.00
$1,811,491.00
$475,780.39
-$176,869.61
$13,442,183.00
$11,453,822.39
5
48
$0.00
3.60%
$88,709.08
-$88,709.08
$0.00
$0.00
$2,464,141.00
$515,000.00
$2,463,749.00
$0.00
-$392.00
$13,442,183.00
$10,978,042.00
6
49
$0.00
3.80%
$93,637.36
-$93,637.36
$0.00
$0.00
$2,464,141.00
$0.00
$2,638,836.00
$0.00
$0.00
$13,442,183.00
$10,978,042.00
7
50
$0.00
4.00%
$98,565.64
-$98,565.64
$0.00
$0.00
$2,464,141.00
$0.00
$2,827,181.00
$0.00
$0.00
$13,442,183.00
$10,978,042.00
8
51
$0.00
4.20%
$103,493.92
-$103,493.92
$0.00
$0.00
$2,464,141.00
$0.00
$3,029,705.00
$0.00
$0.00
$13,442,183.00
$10,978,042.00
9
52
$0.00
4.40%
$108,422.20
-$108,422.20
$0.00
$0.00
$2,464,141.00
$0.00
$3,247,737.00
$0.00
$0.00
$13,442,183.00
$10,978,042.00
10
53
$0.00
4.60%
$113,350.49
-$113,350.49
$0.00
$0.00
$2,464,141.00
$0.00
$3,482,970.00
$0.00
$0.00
$13,442,183.00
$10,978,042.00
11
54
-$2,464,141.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
-$2,464,141.00
$1,185,827.00
$0.00
$0.00
$10,854,835.00
$10,854,835.00
12
55
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$1,328,080.00
$0.00
$0.00
$10,725,468.00
$10,725,468.00
13
56
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$1,483,234.00
$0.00
$0.00
$10,589,632.00
$10,589,632.00
14
57
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$1,652,318.00
$0.00
$0.00
$10,447,004.00
$10,447,004.00
15
58
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$1,836,496.00
$0.00
$0.00
$10,297,245.00
$10,297,245.00
16
59
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,036,749.00
$0.00
$0.00
$10,139,998.00
$10,139,998.00
17
60
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,254,587.00
$0.00
$0.00
$9,974,889.00
$9,974,889.00
18
61
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,491,596.00
$0.00
$0.00
$9,801,524.00
$9,801,524.00
19
62
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,749,524.00
$0.00
$0.00
$9,619,492.00
$9,619,492.00
20
63
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$3,030,210.00
$0.00
$0.00
$9,428,357.00
$9,428,357.00
21
64
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$3,335,621.00
$0.00
$0.00
$9,227,666.00
$9,227,666.00
22
65
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$3,667,980.00
$0.00
$0.00
$9,016,940.00
$9,016,940.00
23
66
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$540,000.00
$3,462,755.00
$0.00
$0.00
$8,228,678.00
$8,228,678.00
24
67
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$540,000.00
$3,261,335.00
$0.00
$0.00
$7,401,002.00
$7,401,002.00
25
68
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$540,000.00
$3,065,615.00
$0.00
$0.00
$6,531,943.00
$6,531,943.00
26
69
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$540,000.00
$2,877,893.00
$0.00
$0.00
$5,619,431.00
$5,619,431.00
27
70
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$540,000.00
$2,701,362.00
$0.00
$0.00
$4,661,294.00
$4,661,294.00
28
71
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$540,000.00
$2,539,557.00
$0.00
$0.00
$4,388,530.00
$4,388,530.00