Premium Finance Worksheet Prepared for: Partner # 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
52
$581,649.00
4.04%
$23,498.62
-$23,498.62
$0.00
$0.00
$581,649.00
$581,649.00
$160,740.00
$0.00
-$420,909.00
$10,515,240.00
$9,933,591.00
2
53
$581,649.00
4.28%
$49,789.15
-$49,789.15
$0.00
$0.00
$1,163,298.00
$581,649.00
$715,942.00
$0.00
-$447,356.00
$11,063,742.00
$9,900,444.00
3
54
$581,649.00
4.37%
$76,254.18
-$76,254.18
$0.00
$0.00
$1,744,947.00
$581,649.00
$1,306,416.00
$0.00
-$438,531.00
$11,647,416.00
$9,902,469.00
4
55
$581,649.00
4.39%
$102,137.56
-$102,137.56
$0.00
$0.00
$2,326,596.00
$581,649.00
$1,934,167.00
$0.00
-$392,429.00
$12,268,267.00
$9,941,671.00
5
56
$581,649.00
4.42%
$128,544.43
-$128,544.43
$0.00
$0.00
$2,908,245.00
$581,649.00
$2,602,073.00
$0.00
-$306,172.00
$12,929,173.00
$10,020,928.00
6
57
$581,649.00
4.48%
$156,347.25
-$156,347.25
$0.00
$0.00
$3,489,894.00
$581,649.00
$3,313,542.00
$0.00
-$176,352.00
$13,633,542.00
$10,143,648.00
7
58
$581,649.00
4.56%
$185,662.36
-$185,662.36
$0.00
$0.00
$4,071,543.00
$581,649.00
$4,129,155.00
$0.00
$0.00
$14,385,155.00
$10,313,612.00
8
59
$0.00
4.61%
$187,698.13
-$187,698.13
$0.00
$0.00
$4,071,543.00
$0.00
$4,413,504.00
$0.00
$0.00
$14,605,504.00
$10,533,961.00
9
60
$0.00
4.66%
$189,733.90
-$189,733.90
$0.00
$0.00
$4,071,543.00
$0.00
$4,714,365.00
$0.00
$0.00
$14,842,365.00
$10,770,822.00
10
61
$0.00
4.70%
$191,362.52
-$191,362.52
$0.00
$0.00
$4,071,543.00
$0.00
$5,033,483.00
$0.00
$0.00
$15,097,483.00
$11,025,940.00
11
62
$0.00
4.76%
$193,805.45
-$193,805.45
$0.00
$0.00
$4,071,543.00
$0.00
$5,451,618.00
$0.00
$0.00
$15,451,618.00
$11,380,075.00
12
63
$0.00
4.79%
$195,026.91
-$195,026.91
$0.00
$0.00
$4,071,543.00
$0.00
$5,828,939.00
$0.00
$0.00
$15,828,939.00
$11,757,396.00
13
64
-$2,035,771.00
4.83%
$98,327.79
-$98,327.79
$0.00
$0.00
$2,035,772.00
-$2,035,771.00
$4,100,571.00
$0.00
$0.00
$7,862,440.00
$5,826,668.00
14
65
-$2,035,772.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
-$2,035,772.00
$2,282,792.00
$0.00
$0.00
$5,618,003.00
$5,618,003.00
15
66
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,521,065.00
$0.00
$0.00
$5,398,903.00
$5,398,903.00
16
67
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,781,393.00
$0.00
$0.00
$5,168,848.00
$5,168,848.00
17
68
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$3,065,913.00
$0.00
$0.00
$4,927,291.00
$4,927,291.00
18
69
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$3,377,476.00
$0.00
$0.00
$4,857,126.00
$4,857,126.00
19
70
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$3,275,204.00
$0.00
$0.00
$4,764,623.00
$4,764,623.00
20
71
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$3,176,764.00
$0.00
$0.00
$4,669,730.00
$4,669,730.00
21
72
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$3,083,952.00
$0.00
$0.00
$4,467,167.00
$4,467,167.00
22
73
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,998,221.00
$0.00
$0.00
$4,249,272.00
$4,249,272.00
23
74
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,921,384.00
$0.00
$0.00
$4,015,433.00
$4,015,433.00
24
75
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,855,622.00
$0.00
$0.00
$3,765,138.00
$3,765,138.00
25
76
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,803,615.00
$0.00
$0.00
$3,498,062.00
$3,498,062.00
26
77
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,763,038.00
$0.00
$0.00
$3,505,219.00
$3,505,219.00
27
78
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,735,438.00
$0.00
$0.00
$3,528,492.00
$3,528,492.00