PPRF Coverage Subordinate Lien


New Mexico Finance Authority

PPRF Subordinate Lien Coverage Calculations as of Dec 31, 2018

Flow Thru to Sub Loan Sub Bond
Year Sub Lien Revenues Debt Service Coverage
2019 41,461,224 45,042,264 41,182,377 2.10
2020 38,425,358 50,358,990 46,679,589 1.90
2021 36,204,974 48,924,689 42,441,437 2.01
2022 34,727,754 44,781,217 37,940,910 2.10
2023 36,064,088 40,197,983 36,380,140 2.10
2024 35,705,046 35,115,393 30,462,931 2.32
2025 36,915,114 33,542,858 27,449,721 2.57
2026 37,061,774 28,202,466 21,668,638 3.01
2027 36,832,807 30,759,519 21,217,326 3.19
2028 37,176,973 23,579,162 15,094,257 4.03
2029 46,140,636 24,083,522 14,209,450 4.94
2030 38,184,588 23,247,131 13,287,913 4.62
2031 36,471,742 21,777,430 11,736,903 4.96
2032 34,002,976 19,470,200 11,731,631 4.56
2033 32,504,880 16,865,050 10,322,356 4.78
2034 32,337,796 13,769,708 8,276,953 5.57
2035 31,998,122 11,986,092 8,198,382 5.36
2036 31,486,079 9,312,022 5,536,231 7.37
2037 35,403,386 11,995,751 10,310,425 4.60
2038 32,389,338 11,273,860 10,320,100 4.23
2039 32,929,469 6,940,449 6,237,000 6.39
2040 32,013,477 686,521 0 0.00
2041 31,630,072 678,464 0 0.00
2042 31,904,970 637,626 0 0.00
2043 31,645,954 639,224 0 0.00
2044 31,651,133 567,398 0 0.00
2045 31,646,849 567,791 0 0.00
2046 31,644,298 568,201 0 0.00
2047 31,675,767 499,464 0 0.00
2048 31,587,643 499,834 0 0.00
2049 31,528,226 0 0 0.00
2050 31,500,000 0 0 0.00

 

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