Board of Visitors minutes March 21, 1986 | ||
UNIVERSITY OF VIRGINIA
DEBT SERVICE SCHEDULE
650 BED DORM
INTEREST RATE 12 %
YEAR | REMAINING PRINCIPAL | PRINCIPAL PAYMENT | ?EREST PAYMENT | TOTAL DEBT SERV PAYT | REVENUE | COVERAGE |
11,500,000.00 | ||||||
1985 | 11,340,000.00 | 160,000.00 | 1,380,000.00 | 1,540,000.00 | 1,695,000.00 | 1.10 |
1986 | 11,160,000.00 | 180,000.00 | 1,360,800.00 | 1,540,800.00 | 1,695,000.00 | 1.10 |
1987 | 10,960,000.00 | 200,000.00 | 1,339,200.00 | 1,539,200.00 | 1,695,000.00 | 1.10 |
1988 | 10,735,000.00 | 225,000.00 | 1,315,200.00 | 1,540,200.00 | 1,695,000.00 | 1.10 |
1989 | 10,485,000.00 | 250,000.00 | 1,288,200.00 | 1,538,200.00 | 1,695,000.00 | 1.10 |
1990 | 10,205,000.00 | 280,000.00 | 1,258,200.00 | 1,538,200.00 | 1,695,000.00 | 1.10 |
1991 | 9,890,000.00 | 315,000.00 | 1,224,600.00 | 1,539,600.00 | 1,695,000.00 | 1.10 |
1992 | 9,535,000.00 | 355,000.00 | 1,186,800.00 | 1,541,800.00 | 1,695,000.00 | 1.10 |
1993 | 9,140,000.00 | 395,000.00 | 1,144,200.00 | 1,539,200.00 | 1,695,000.00 | 1.10 |
1994 | 8,695,000.00 | 445,000.00 | 1,096,800.00 | 1,541,800.00 | 1,695,000.00 | 1.10 |
1995 | 8,200,000.00 | 495,000.00 | 1,043,400.00 | 1,538,400.00 | 1,695,000.00 | 1.10 |
1996 | 7,645,000.00 | 555,000.00 | 984,000.00 | 1,539,000.00 | 1,695,000.00 | 1.10 |
1997 | 7,025,000.00 | 620,000.00 | 917,400.00 | 1,537,400.00 | 1,695,000.00 | 1.10 |
1998 | 6,330,000.00 | 695,000.00 | 843,000.00 | 1,538,000.00 | 1,695,000.00 | 1.10 |
1999 | 5,550,000.00 | 780,000.00 | 759,600.00 | 1,539,600.00 | 1,695,000.00 | 1.10 |
2000 | 4,675,000.00 | 875,000.00 | 666,000.00 | 1,541,000.00 | 1,695,000.00 | 1.10 |
2001 | 3,695,000.00 | 980,000.00 | 561,000.00 | 1,541,000.00 | 1,695,000.00 | 1.10 |
2002 | 2,600,000.00 | 1,095,000.00 | 443,400.00 | 1,538,400.00 | 1,695,000.00 | 1.10 |
2003 | 1,370,000.00 | 1,230,000.00 | 312,000.00 | 1,542,000.00 | 1,695,000.00 | 1.10 |
2004 | 0.00 | 1,370,000.00 | 164,400.00 | 1,534,400.00 | 1,695,000.00 | 1.10 |
---------- | ---------- | ---------- | ||||
TOTAL | 11,500,000.00 | 19,288,200.00 | 30,788,200.00 |
Board of Visitors minutes March 21, 1986 | ||