Month by Month Breakdown of Premium Payments
versus Fund Value for the Case 1 Endowment
Mortgage Policy
Note! The Case 1 Endowment Mortgage Policy was the one represented to me at my pre-contract meeting with First National, i.e. for a Loan Amount of £35,000 borrowed over 20 years.
The figures set out below are based on the following:
Home-Way (Endowment) Mortgage Plan
Prepared for:
– Mr J O’Meara, aged 37 next birthday
– Mrs A O’Meara, aged 32 next birthday
Amount Borrowed: £35,000.00 over 20 years
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| April 1, 1991 | £79.70 | -£42 |
| May 1, 1991 | £79.70 | -£49 |
| June 1, 1991 | £79.70 | -£56 |
| July 1, 1991 | £79.70 | -£64 |
| August 1, 1991 | £79.70 | -£71 |
| September 1, 1991 | £79.70 | -£79 |
| October 1, 1991 | £79.70 | -£86 |
| November 1, 1991 | £79.70 | -£94 |
| December 1, 1991 | £79.70 | -£102 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 1992 | £79.70 | -£109 |
| February 1, 1992 | £79.70 | -£117 |
| March 1, 1992 | £79.70 | -£125 |
| April 1, 1992 | £79.70 | -£60 |
| May 1, 1992 | £79.70 | £5 |
| June 1, 1992 | £79.70 | £70 |
| July 1, 1992 | £79.70 | £136 |
| August 1, 1992 | £79.70 | £203 |
| September 1, 1992 | £79.70 | £270 |
| October 1, 1992 | £79.70 | £338 |
| November 1, 1992 | £79.70 | £406 |
| December 1, 1992 | £79.70 | £475 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 1993 | £79.70 | £544 |
| February 1, 1993 | £79.70 | £614 |
| March 1, 1993 | £79,70 | £685 |
| April 1, 1993 | £79.70 | £755 |
| May 1, 1993 | £79.70 | £826 |
| June 1, 1993 | £79.70 | £898 |
| July 1, 1993 | £79.70 | £970 |
| August 1, 1993 | £79.70 | £1,043 |
| September 1, 1993 | £79.70 | £1,116 |
| October 1, 1993 | £79.70 | £1,189 |
| November 1, 1993 | £79.70 | £1,264 |
| December 1, 1993 | £79.70 | £1,339 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 1994 | £79.70 | £1,415 |
| February 1, 1994 | £79.70 | £1,492 |
| March 1, 1994 | £79.70 | £1,569 |
| April 1, 1994 | £79.70 | £1,647 |
| May 1, 1994 | £79.70 | £1,724 |
| June 1, 1994 | £79.70 | £1,803 |
| July 1, 1994 | £79.70 | £1,881 |
| August 1, 1994 | £79.70 | £1,960 |
| September 1, 1994 | £79.70 | £2,040 |
| October 1, 1994 | £79.70 | £2,120 |
| November 1, 1994 | £79.70 | £2,201 |
| December 1, 1994 | £79.70 | £2,284 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 1995 | £79.70 | £2,367 |
| February 1, 1995 | £79.70 | £2,451 |
| March 1, 1995 | £79.70 | £2,536 |
| April 1, 1995 | £79.70 | £2,620 |
| May 1, 1995 | £79.70 | £2,705 |
| June 1, 1995 | £79.70 | £2,790 |
| July 1, 1995 | £79.70 | £2,876 |
| August 1, 1995 | £79.70 | £2,963 |
| September 1, 1995 | £79.70 | £3,050 |
| October 1, 1995 | £79.70 | £3,137 |
| November 1, 1995 | £79.70 | £3,225 |
| December 1, 1995 | £79.70 | £3,315 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 1996 | £79.70 | £3,407 |
| February 1, 1996 | £79.70 | £3,498 |
| March 1, 1996 | £79.70 | £3,591 |
| April 1, 1996 | £79.70 | £3,683 |
| May 1, 1996 | £79.70 | £3,775 |
| June 1, 1996 | £79.70 | £3,868 |
| July 1, 1996 | £79.70 | £3,962 |
| August 1, 1996 | £79.70 | £4,056 |
| September 1, 1996 | £79.70 | £4,150 |
| October 1, 1996 | £79.70 | £4,245 |
| November 1, 1996 | £79.70 | £4,343 |
| December 1, 1996 | £79.70 | £4,442 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 1997 | £79.70 | £4,541 |
| February 1, 1997 | £79.70 | £4,641 |
| March 1, 1997 | £79.70 | £4,741 |
| April 1, 1997 | £79.70 | £4,841 |
| May 1, 1997 | £79.70 | £4,942 |
| June 1, 1997 | £79.70 | £5,043 |
| July 1, 1997 | £79.70 | £5,144 |
| August 1, 1997 | £79.70 | £5,246 |
| September 1, 1997 | £79.70 | £5,352 |
| October 1, 1997 | £79.70 | £5,458 |
| November 1, 1997 | £79.70 | £5,564 |
| December 1, 1997 | £79.70 | £5,672 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 1998 | £79.70 | £5,779 |
| February 1, 1998 | £79.70 | £5,887 |
| March 1, 1998 | £79.70 | £5,996 |
| April 1, 1998 | £79.70 | £6,104 |
| May 1, 1998 | £79.70 | £6,213 |
| June 1, 1998 | £79.70 | £6,325 |
| July 1, 1998 | £79.70 | £6,439 |
| August 1, 1998 | £79.70 | £6,552 |
| September 1, 1998 | £79.70 | £6,666 |
| October 1, 1998 | £79.70 | £6,781 |
| November 1, 1998 | £79.70 | £6,896 |
| December 1, 1998 | £79.70 | £7,012 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 1999 | £79.70 | £7,128 |
| February 1, 1999 | £79.70 | £7,248 |
| March 1, 1999 | £79.70 | £7,369 |
| April 1, 1999 | £79.70 | £7,490 |
| May 1, 1999 | £79.70 | £7,611 |
| June 1, 1999 | £79.70 | £7,732 |
| July 1, 1999 | £79.70 | £7,854 |
| August 1, 1999 | £79.70 | £7,977 |
| September 1, 1999 | £79.70 | £8,100 |
| October 1, 1999 | £79.70 | £8,227 |
| November 1, 1999 | £79.70 | £8,355 |
| December 1, 1999 | £79.70 | £8,484 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2000 | £79.70 | £8,613 |
| February 1, 2000 | £79.70 | £8,742 |
| March 1, 2000 | £79.70 | £8,872 |
| April 1, 2000 | £79.70 | £9,002 |
| May 1, 2000 | £79.70 | £9,132 |
| June 1, 2000 | £79.70 | £9,266 |
| July 1, 2000 | £79.70 | £9,401 |
| August 1, 2000 | £79.70 | £9,537 |
| September 1, 2000 | £79.70 | £9,673 |
| October 1, 2000 | £79.70 | £9,810 |
| November 1, 2000 | £79.70 | £9,947 |
| December 1, 2000 | £79.70 | £10,085 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2001 | £79.70 | £10,227 |
| February 1, 2001 | £79.70 | £10,370 |
| March 1, 2001 | £79.70 | £10,514 |
| April 1, 2001 | £79.70 | £10,657 |
| May 1, 2001 | £79.70 | £10,800 |
| June 1, 2001 | £79.70 | £10,944 |
| July 1, 2001 | £79.70 | £11,089 |
| August 1, 2001 | £79.70 | £11,238 |
| September 1, 2001 | £79.70 | £11,389 |
| October 1, 2001 | £79.70 | £11,539 |
| November 1, 2001 | £79.70 | £11,690 |
| December 1, 2001 | £79.70 | £11,842 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2002 | £79.70 | £11,994 |
| February 1, 2002 | £79.70 | £12,151 |
| March 1, 2002 | £79.70 | £12,309 |
| April 1, 2002 | £79,70 | £12,466 |
| May 1, 2002 | £79.70 | £12,624 |
| June 1, 2002 | £79.70 | £12,782 |
| July 1, 2002 | £79.70 | £12,941 |
| August 1, 2002 | £79.70 | £13,100 |
| September 1, 2002 | £79.70 | £13,265 |
| October 1, 2002 | £79.70 | £13,430 |
| November 1, 2002 | £79.70 | £13,595 |
| December 1, 2002 | £79.70 | £13,762 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2003 | £79.70 | £13,928 |
| February 1, 2003 | £79.70 | £14,100 |
| March 1, 2003 | £79.70 | £14,273 |
| April 1, 2003 | £79.70 | £14,445 |
| May 1, 2003 | £79.70 | £14,618 |
| June 1, 2003 | £79.70 | £14,791 |
| July 1, 2003 | £79.70 | £14,964 |
| August 1, 2003 | £79.70 | £15,143 |
| September 1, 2003 | £79.70 | £15,323 |
| October 1, 2003 | £79.70 | £15,503 |
| November 1, 2003 | £79.70 | £15,684 |
| December 1, 2003 | £79.70 | £15,865 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2004 | £79.70 | £16,052 |
| February 1, 2004 | £79.70 | £16,240 |
| March 1, 2004 | £79.70 | £16,428 |
| April 1, 2004 | £79.70 | £16,615 |
| May 1, 2004 | £79.70 | £16,803 |
| June 1, 2004 | £79.70 | £16,992 |
| July 1, 2004 | £79.70 | £17,186 |
| August 1, 2004 | £79.70 | £17,381 |
| September 1, 2004 | £79.70 | £17,576 |
| October 1, 2004 | £79.70 | £17,772 |
| November 1, 2004 | £79.70 | £17,974 |
| December 1, 2004 | £79.70 | £18,177 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2005 | £79.70 | £18,380 |
| February 1, 2005 | £79.70 | £18,583 |
| March 1, 2005 | £79.70 | £18,787 |
| April 1, 2005 | £79.70 | £18,996 |
| May 1, 2005 | £79.70 | £19,205 |
| June 1, 2005 | £79.70 | £19,416 |
| July 1, 2005 | £79.70 | £19,626 |
| August 1, 2005 | £79.70 | £19,837 |
| September 1, 2005 | £79.70 | £20,055 |
| October 1, 2005 | £79.70 | £20,272 |
| November 1, 2005 | £79.70 | £20,491 |
| December 1, 2005 | £79.70 | £20,710 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2006 | £79.70 | £20,935 |
| February 1, 2006 | £79.70 | £21,160 |
| March 1, 2006 | £79.70 | £21,387 |
| April 1, 2006 | £79.70 | £21,684 |
| May 1, 2006 | £79.70 | £21,984 |
| June 1, 2006 | £79.70 | £22,292 |
| July 1, 2006 | £79.70 | £22,602 |
| August 1, 2006 | £79.70 | £22,914 |
| September 1, 2006 | £79.70 | £23,229 |
| October 1, 2006 | £79.70 | £23,551 |
| November 1, 2006 | £79.70 | £23,877 |
| December 1, 2006 | £79.70 | £24,204 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2007 | £79.70 | £24,534 |
| February 1, 2007 | £79.70 | £24,872 |
| March 1, 2007 | £79.70 | £25,212 |
| April 1, 2007 | £79.70 | £25,555 |
| May 1, 2007 | £79.70 | £25,899 |
| June 1, 2007 | £79.70 | £26,253 |
| July 1, 2007 | £79.70 | £26,609 |
| August 1, 2007 | £79.70 | £26,967 |
| September 1, 2007 | £79.70 | £27,328 |
| October 1, 2007 | £79,70 | £27,698 |
| November 1, 2007 | £79.70 | £28,071 |
| December 1, 2007 | £79.70 | £28,447 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2008 | £79.70 | £28,831 |
| February 1, 2008 | £79.70 | £29,218 |
| March 1, 2008 | £79.70 | £29,608 |
| April 1, 2008 | £79.70 | £30,001 |
| May 1, 2008 | £79.70 | £30,403 |
| June 1, 2008 | £79.70 | £30,807 |
| July 1, 2008 | £79.70 | £31,216 |
| August 1, 2008 | £79.70 | £31,634 |
| September 1, 2008 | £79.70 | £32,055 |
| October 1, 2008 | £79.70 | £32,480 |
| November 1, 2008 | £79.70 | £32,907 |
| December 1, 2008 | £79.70 | £33,345 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2009 | £79.70 | £33,785 |
| February 1, 2009 | £79.70 | £34,229 |
| March 1, 2009 | £79.70 | £34,683 |
| April 1, 2009 | £79.70 | £35,139 |
| May 1, 2009 | £79.70 | £35,599 |
| June 1, 2009 | £79.70 | £36,069 |
| July 1, 2009 | £79.70 | £36,542 |
| August 1, 2009 | £79.70 | £37,017 |
| September 1, 2009 | £79.70 | £37,503 |
| October 1, 2009 | £79.70 | £37,992 |
| November 1, 2009 | £79.70 | £38,484 |
| December 1, 2009 | £79.70 | £38,986 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2010 | £79.70 | £39,491 |
| February 1, 2010 | £79.70 | £40,000 |
| March 1, 2010 | £79.70 | £40,519 |
| April 1, 2010 | £79.70 | £41,042 |
| May 1, 2010 | £79.70 | £41,567 |
| June 1, 2010 | £79.70 | £42,103 |
| July 1, 2010 | £79.70 | £42,643 |
| August 1, 2010 | £79.70 | £43,186 |
| September 1, 2010 | £79.70 | £43,740 |
| October 1, 2010 | £79.70 | £44,298 |
| November 1, 2010 | £79.70 | £44,859 |
| December 1, 2010 | £79.70 | £45,431 |
| Date | Monthly Premium | Cummulative Value Based on 9.75% Net Growth p.a. |
| January 1, 2011 | £79.70 | £46,006 |
| February 1, 2011 | £79.70 | £46,586 |
| March 1, 2011 | £79.70 | £47,176 |
| April 1, 2011 | £79.70 | £47,770 |
| Based on Sum Assured | £35,000 | |
| Surplus | £12,770 |