Premium Finance Worksheet Prepared for: Estate Planning Recovery 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
$1,650,000.00
2.85%
$47,025.00
-$47,025.00
$0.00
$0.00
$1,650,000.00
$1,650,000.00
$394,204.00
$0.00
-$1,255,796.00
$26,195,850.00
$24,545,850.00
2
57
$1,650,000.00
3.05%
$100,650.00
-$100,650.00
$0.00
$0.00
$3,300,000.00
$1,650,000.00
$1,996,093.00
$0.00
-$1,303,907.00
$27,695,641.00
$24,395,641.00
3
58
$1,650,000.00
3.25%
$160,875.00
-$160,875.00
$0.00
$0.00
$4,950,000.00
$1,650,000.00
$3,689,269.00
$0.00
-$1,260,731.00
$29,286,718.00
$24,336,718.00
4
59
$1,650,000.00
3.45%
$227,700.00
-$227,700.00
$0.00
$0.00
$6,600,000.00
$1,650,000.00
$5,479,986.00
$0.00
-$1,120,014.00
$30,975,337.00
$24,375,337.00
5
60
$1,650,000.00
3.65%
$301,125.00
-$301,125.00
$0.00
$0.00
$8,250,000.00
$1,650,000.00
$7,372,931.00
$0.00
-$877,069.00
$32,766,183.00
$24,516,183.00
6
61
$1,650,000.00
3.85%
$381,150.00
-$381,150.00
$0.00
$0.00
$9,900,000.00
$1,650,000.00
$9,392,835.00
$0.00
-$507,165.00
$34,684,237.00
$24,784,237.00
7
62
$1,650,000.00
4.05%
$467,775.00
-$467,775.00
$0.00
$0.00
$11,550,000.00
$1,650,000.00
$11,550,549.00
$0.00
$0.00
$36,739,853.00
$25,189,853.00
8
63
$0.00
4.25%
$490,875.00
-$490,875.00
$0.00
$0.00
$11,550,000.00
$0.00
$12,183,799.00
$0.00
$0.00
$37,271,004.00
$25,721,004.00
9
64
$0.00
4.45%
$513,975.00
-$513,975.00
$0.00
$0.00
$11,550,000.00
$0.00
$12,867,573.00
$0.00
$0.00
$37,852,680.00
$26,302,680.00
10
65
$0.00
4.65%
$537,075.00
-$537,075.00
$0.00
$0.00
$11,550,000.00
$0.00
$13,610,142.00
$0.00
$0.00
$38,493,151.00
$26,943,151.00
11
66
$0.00
4.85%
$560,175.00
-$560,175.00
$0.00
$0.00
$11,550,000.00
$0.00
$14,625,375.00
$0.00
$0.00
$39,406,533.00
$27,856,533.00
12
67
$11,550,000.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
-$11,550,000.00
$3,466,238.00
$0.00
$0.00
$28,247,396.00
$28,247,396.00
13
68
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$3,974,406.00
$0.00
$0.00
$12,047,283.00
$12,047,283.00
14
69
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$4,536,630.00
$0.00
$0.00
$11,410,589.00
$11,410,589.00
15
70
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$5,159,332.00
$0.00
$0.00
$10,742,061.00
$10,742,061.00
16
71
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$5,849,875.00
$0.00
$0.00
$10,040,106.00
$10,040,106.00
17
72
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$6,615,915.00
$0.00
$0.00
$9,488,138.00
$9,488,138.00
18
73
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$7,468,003.00
$0.00
$0.00
$10,077,204.00
$10,077,204.00
19
74
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$8,405,214.00
$0.00
$0.00
$10,697,498.00
$10,697,498.00
20
75
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$9,434,061.00
$0.00
$0.00
$11,348,694.00
$11,348,694.00
21
76
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$10,564,028.00
$0.00
$0.00
$12,032,916.00
$12,032,916.00
22
77
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$11,795,909.00
$0.00
$0.00
$13,373,425.00
$13,373,425.00
23
78
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$13,137,344.00
$0.00
$0.00
$14,831,318.00
$14,831,318.00
24
79
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$14,596,385.00
$0.00
$0.00
$16,415,166.00
$16,415,166.00
25
80
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$378,840.00
$15,783,721.00
$0.00
$0.00
$17,736,206.00
$17,736,206.00
26
81
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$378,840.00
$17,086,399.00
$0.00
$0.00
$19,182,073.00
$19,182,073.00
27
82
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$378,840.00
$18,512,301.00
$0.00
$0.00
$20,761,226.00
$20,761,226.00