SBA Loan Sale Analysis - Variable Rate Loan
Loan Name
Originated
Matures
Rate Adjust Frequency
P&I Payment Frequency
Current Prime Rate
Current Loan Balance $ 0.00
Guaranteed Percentage 0 %
Unguaranteed Percentage 100%
Gross Rate 0.000 0.000 %

Servicing Fee (Retained) 0.000
Net Rate 0.000 0.000 %
Sale Price 0.0000
Premium -100.0000%
Guaranteed Portion (Amount to be sold) Curr Loan Bal x Guaranteed % $ 0.00
Unguaranteed Portion (Invested Funds) Curr Loan Bal x Unguaranteed % $ 0.00
 
Premium ($) Earned on Sale Guaranteed Portion x Premium % $ 0.00
Servicing Fee on Guaranteed Portion Guaranteed Portion x Servicing Fee $ 0.00
Interest Income on Unguaranteed Portion Unguaranteed Portion x Gross Rate $ 0.00
  Year 1 Return Premium + Servicing + Interest $ 0.00
  Years 2 and following Return Servicing + Interest $ 0.00
 
Assumptions:
  Prime rate remains constant
  0% CPR (No amortization of loan balance)
  All premium taken in Year 1 (may not be allowable under EITF 88-11 and/or FAS 125 Accounting for Premium Income)
  If sale price exceeds 110, seller receives only 50% of the amount greater than 110
 
Return on Invested Funds
  Year 1 17.50%
  Years 2 and following 11.50%
 
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This material is for informational purposes only and is not intended as an offer to sell or a solicitation of an offer to buy any security.  It merely provides information and/or alternatives that Coastal believes is appropriate for your consideration.  Although this information has been obtained from sources which Coastal believes to be reliable, Coastal does not guarantee it is accurate or complete, and it should not be relied upon as such.  All assumptions, opinions and estimates constitute Coastal's judgment as of this date and, along with prices and yields, are subject to change without notice.  The returns shown consider prepayment assumptions that may or may not be met.

Copyright © 2001 Coastal Securities