Premium Finance Worksheet Prepared for: Partner # 2 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
48
$507,694.00
4.04%
$20,510.84
-$20,510.84
$0.00
$0.00
$507,694.00
$507,694.00
$145,575.00
$0.00
-$362,119.00
$10,455,075.00
$9,947,381.00
2
49
$507,694.00
4.28%
$43,458.61
-$43,458.61
$0.00
$0.00
$1,015,388.00
$507,694.00
$636,019.00
$0.00
-$379,369.00
$10,940,719.00
$9,925,331.00
3
50
$507,694.00
4.37%
$66,558.68
-$66,558.68
$0.00
$0.00
$1,523,082.00
$507,694.00
$1,158,970.00
$0.00
-$364,112.00
$11,458,570.00
$9,935,488.00
4
51
$507,694.00
4.39%
$89,151.07
-$89,151.07
$0.00
$0.00
$2,030,776.00
$507,694.00
$1,715,968.00
$0.00
-$314,808.00
$12,010,468.00
$9,979,692.00
5
52
$507,694.00
4.42%
$112,200.37
-$112,200.37
$0.00
$0.00
$2,538,470.00
$507,694.00
$2,309,519.00
$0.00
-$228,951.00
$12,598,619.00
$10,060,149.00
6
53
$507,694.00
4.48%
$136,468.15
-$136,468.15
$0.00
$0.00
$3,046,164.00
$507,694.00
$2,941,769.00
$0.00
-$104,395.00
$13,225,469.00
$10,179,305.00
7
54
$507,694.00
4.56%
$162,055.92
-$162,055.92
$0.00
$0.00
$3,553,858.00
$507,694.00
$3,666,904.00
$0.00
$0.00
$13,893,904.00
$10,340,046.00
8
55
$0.00
4.61%
$163,832.85
-$163,832.85
$0.00
$0.00
$3,553,858.00
$0.00
$3,928,442.00
$0.00
$0.00
$14,098,642.00
$10,544,784.00
9
56
$0.00
4.66%
$165,609.78
-$165,609.78
$0.00
$0.00
$3,553,858.00
$0.00
$4,204,687.00
$0.00
$0.00
$14,318,187.00
$10,764,329.00
10
57
$0.00
4.70%
$167,031.33
-$167,031.33
$0.00
$0.00
$3,553,858.00
$0.00
$4,496,907.00
$0.00
$0.00
$14,553,607.00
$10,999,749.00
11
58
$0.00
4.76%
$169,163.64
-$169,163.64
$0.00
$0.00
$3,553,858.00
$0.00
$4,876,154.00
$0.00
$0.00
$14,876,154.00
$11,322,296.00
12
59
$0.00
4.79%
$170,229.80
-$170,229.80
$0.00
$0.00
$3,553,858.00
$0.00
$5,220,425.00
$0.00
$0.00
$15,220,425.00
$11,666,567.00
13
60
-$1,776,929.00
4.83%
$85,825.67
-$85,825.67
$0.00
$0.00
$1,776,929.00
-$1,776,929.00
$3,723,184.00
$0.00
$0.00
$8,134,225.00
$6,357,296.00
14
61
-$1,776,929.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
-$1,776,929.00
$2,148,531.00
$0.00
$0.00
$6,175,160.00
$6,175,160.00
15
62
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,369,100.00
$0.00
$0.00
$5,983,918.00
$5,983,918.00
16
63
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,609,490.00
$0.00
$0.00
$5,783,114.00
$5,783,114.00
17
64
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,871,560.00
$0.00
$0.00
$5,572,270.00
$5,572,270.00
18
65
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$3,157,325.00
$0.00
$0.00
$5,350,883.00
$5,350,883.00
19
66
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$3,025,782.00
$0.00
$0.00
$4,695,453.00
$4,695,453.00
20
67
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,898,446.00
$0.00
$0.00
$4,594,794.00
$4,594,794.00
21
68
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,773,658.00
$0.00
$0.00
$4,491,910.00
$4,491,910.00
22
69
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,651,682.00
$0.00
$0.00
$4,386,274.00
$4,386,274.00
23
70
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,533,216.00
$0.00
$0.00
$4,277,793.00
$4,277,793.00
24
71
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,419,054.00
$0.00
$0.00
$4,166,398.00
$4,166,398.00
25
72
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,311,540.00
$0.00
$0.00
$3,929,252.00
$3,929,252.00
26
73
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,212,403.00
$0.00
$0.00
$3,674,570.00
$3,674,570.00
27
74
$0.00
0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
$420,000.00
$2,123,919.00
$0.00
$0.00
$3,401,823.00
$3,401,823.00