Premium Finance Worksheet Prepared for: Buy/Sell Client 1 Bank: TBD
Product: TBD
LOAN PROJECTIONS Year Age
INSURANCE & COLLATERAL PROJECTIONS
Capital Borrowed
Loan Interest Rate
Interest Due
Interest Paid
Additional Out of Pocket
Interest Accrued
End of Year Loan
Premiums / Supplemental Cash Flow
Cash Surrender Value
Premium Deposit Account (EOY)
Collateral Shortfall
Death Benefit
Death Benefit After Loan
1
56
$2,000,000.00
3.08%
$61,600.00
-$61,600.00
$0.00
$0.00
$2,000,000.00
$302,965.00
$77,165.00
$1,697,035.38
-$225,799.62
$4,814,733.00
$4,511,768.38
2
57
$0.00
3.28%
$65,600.00
-$65,600.00
$0.00
$0.00
$2,000,000.00
$302,965.00
$364,221.00
$1,400,011.24
-$235,767.76
$5,097,693.00
$4,497,704.24
3
58
$0.00
3.48%
$69,600.00
-$69,600.00
$0.00
$0.00
$2,000,000.00
$302,965.00
$671,234.00
$1,108,811.11
-$219,954.89
$5,400,566.00
$4,509,377.11
4
59
$0.00
3.68%
$73,600.00
-$73,600.00
$0.00
$0.00
$2,000,000.00
$302,965.00
$999,871.00
$823,320.78
-$176,808.22
$5,724,971.00
$4,548,291.78
5
60
$0.00
3.88%
$77,600.00
-$77,600.00
$0.00
$0.00
$2,000,000.00
$302,965.00
$1,351,736.00
$543,428.30
-$104,835.70
$6,072,513.00
$4,615,941.30
6
61
$0.00
4.08%
$81,600.00
-$81,600.00
$0.00
$0.00
$2,000,000.00
$302,965.00
$1,728,542.00
$269,023.91
-$2,434.09
$6,444,952.00
$4,713,975.91
7
62
$0.00
4.28%
$85,600.00
-$85,600.00
$0.00
$0.00
$2,000,000.00
$302,965.00
$2,161,170.00
$0.00
$0.00
$6,844,318.00
$4,844,318.00
8
63
$0.00
4.48%
$89,600.00
-$89,600.00
$0.00
$0.00
$2,000,000.00
$0.00
$2,318,092.00
$0.00
$0.00
$6,967,978.00
$4,967,978.00
$93,600.00
-$93,600.00
$0.00
$0.00
$2,000,000.00
$0.00
$2,485,203.00
$0.00
$0.00
$7,101,873.00
$5,101,873.00
9
64
$0.00
4.68%
10
65
$0.00
4.88%
$97,600.00
-$97,600.00
$0.00
$0.00
$2,000,000.00
$0.00
$2,663,873.00
$0.00
$0.00
$7,247,280.00
$5,247,280.00
11
66
$0.00
5.08%
$101,600.00
-$101,600.00
$0.00
$0.00
$2,000,000.00
$0.00
$2,895,874.00
$0.00
$0.00
$7,446,065.00
$5,446,065.00
12
67
-$2,000,000.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
-$2,000,000.00
$983,799.00
$0.00
$0.00
$5,533,990.00
$5,533,990.00
13
68
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$1,094,545.00
$0.00
$0.00
$2,345,191.00
$2,345,191.00
14
69
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$1,216,560.00
$0.00
$0.00
$2,234,941.00
$2,234,941.00
15
70
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$1,165,133.00
$0.00
$0.00
$1,935,429.00
$1,935,429.00
16
71
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$1,115,939.00
$0.00
$0.00
$1,722,718.00
$1,722,718.00
17
72
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$1,069,748.00
$0.00
$0.00
$1,632,545.00
$1,632,545.00
18
73
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$1,025,627.00
$0.00
$0.00
$1,535,126.00
$1,535,126.00
19
74
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$984,263.00
$0.00
$0.00
$1,430,169.00
$1,430,169.00
20
75
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$946,493.00
$0.00
$0.00
$1,317,423.00
$1,317,423.00
21
76
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$913,286.00
$0.00
$0.00
$1,196,644.00
$1,196,644.00
22
77
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$883,815.00
$0.00
$0.00
$1,186,772.00
$1,186,772.00
23
78
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$858,575.00
$0.00
$0.00
$1,182,396.00
$1,182,396.00
24
79
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$838,102.00
$0.00
$0.00
$1,184,131.00
$1,184,131.00
25
80
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$822,940.00
$0.00
$0.00
$1,192,605.00
$1,192,605.00
26
81
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$813,572.00
$0.00
$0.00
$1,208,382.00
$1,208,382.00
27
82
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$175,000.00
$810,352.00
$0.00
$0.00
$1,231,895.00
$1,231,895.00