18 Year Repayment Mortgage

£35,000 — Borrowed @ 11.85% p.a. and
Repaid over 18 Years

18 Year Early Encashment
of a 20 Year Endowment
Mortgage

£35,000 — Borrowed @
11.85% p.a. and Repaid by the
encashment after 18 Years, of
a 20 Year Endowment
Mortgage

Column A

Column B

Column C

Column D

Column E

End Year

Principal Repaid Each Year

Cumulative Principal Repaid

Loan Principal Outstanding

Loan Principal Outstanding
(if Policy Encashed)

Endowment Fund Value

1

637.42

637.42

34,362.58

35,060

Minus 60

2

712.95

1,350.37

33,649.63

34,245

755

3

797.44

2,147.81

32,852.19

33,353

1,647

4

891.94

3,039.75

31,960.25

32,380

2,620

5

997.63

4,037.38

30,962.62

31,317

3,683

6

1,115.85

5,153.23

29,846.77

30,159

4,841

7

1,248.08

6,401.31

28,598.69

28,896

6,104

8

1,395.97

7,797.28

27,202.72

27,510

7,490

9

1,561.40

9,358.68

25,641.32

25,998

9,002

10

1,746.42

11,105.10

23,894.90

24,343

10,657

11

1,953.37

13,058.47

21,941.53

22,534

12,466

12

2,184.85

15,243.32

19,756.68

20,555

14,445

13

2,443.75

17,687.07

17,312.93

18,385

16,615

14

2,733.34

20,420.41

14,579.59

16,004

18,996

15

3,057.24

23,477.65

11,522.35

13,316

21,684

16

3,419.52

26,897.17

8,102.83

9,445

25,555

17

3,824.74

30,721.91

4,278.09

4,999

30,001

18

4,277.97

34,999.88

Zero

Zero

35,139