Carleton Financial Computations Homepage

MOB Transaction -Variable Premium Constant- EMR

P&I Payment for "Level MOB"	$888.49

Interest Rate	12.0000%

MOB Rate/$1000/mo	$1.00

Total Payment for "Real MOB"	$894.11

	Principal	Premium	EMR
Amortization	Balance	Earned
1	$10,000.02	$10.00	0.999998	$1.00 per $1000 per month rate applied each month
2	$9,215.91	$9.22	1.000212	$1.00 per $1000 per month rate applied each month
3	$8,423.17	$8.42	1.000032
4	$7,621.71	$7.62	0.999977
5	$6,811.44	$6.81	0.999946
6	$5,992.25	$5.99	0.999906
7	$5,164.05	$5.16	0.999839
8	$4,326.74	$4.33	0.999908
9	$3,480.22	$3.48	0.999909
10	$2,624.39	$2.62	0.999844
11	$1,759.15	$1.76	0.999861
12	$884.39	$0.88	0.999797
Total MOB Premium		$66.29

Monthly "Level MOB"		$5.71
Total "Level MOB"		$68.52

	$66,303.46
Month Dollars of Coverage

MOB Transaction - Level Premium - Ascending EMR

P&I Payment for "Level MOB"	$888.49

Interest Rate	12.0000%	Investment Interest Rate			8.0000%	(for NPV calculation)

MOB Rate/$1000/mo	$1.00

Total Payment for "Real MOB"	$894.11

	Principal	Premium	EMR
Amortization	Balance	Earned
1	$10,000.02	$5.71	0.570999
2	$9,215.91	$5.71	0.594298
3	$8,423.17	$5.71	0.619774
4	$7,621.71	$5.71	0.647744
5	$6,811.44	$5.71	0.678594
6	$5,992.25	$5.71	0.712792	<--	Effective Rate
7	$5,164.05	$5.71	0.750913
8	$4,326.74	$5.71	0.793671
9	$3,480.22	$5.71	0.841969
10	$2,624.39	$5.71	0.896954
11	$1,759.15	$5.71	0.960118		Net Present Value of
12	$884.39	$5.71	1.033430		Monthly Premium Difference
Total MOB Premium		$68.52			$0.00	positive values indicate "Traditional MOB" premium is in the insurance carrier's favor

Monthly "Level MOB"		$5.71
Total "Level MOB"		$68.52

	$66,303.46
Month Dollars of Coverage