PPRF Coverage Subordinate Lien


New Mexico Finance Authority

PPRF Subordinate Lien Coverage Calculations as of May 31, 2020

Flow Thru to Sub Loan Sub Bond
Year Sub Lien Revenues Debt Service Coverage
2020 46,014,236 51,403,724 53,585,473 1.82
2021 48,093,660 54,617,135 49,893,236 2.06
2022 48,297,704 49,275,863 45,093,477 2.16
2023 45,604,685 46,478,033 43,067,468 2.14
2024 46,613,573 40,745,405 36,663,831 2.38
2025 49,304,405 37,750,127 33,814,013 2.57
2026 50,426,396 32,208,707 28,219,281 2.93
2027 50,589,425 34,541,489 27,650,933 3.08
2028 50,920,075 27,870,116 21,355,841 3.69
2029 59,755,823 28,611,641 21,796,759 4.05
2030 46,577,756 27,517,628 18,608,860 3.98
2031 43,994,612 24,332,483 16,595,745 4.12
2032 41,714,835 22,081,524 16,321,205 3.91
2033 40,033,619 19,317,425 14,751,590 4.02
2034 40,177,920 16,000,174 11,699,434 4.80
2035 39,086,446 13,831,257 9,849,188 5.37
2036 37,006,306 10,257,802 6,515,281 7.25
2037 40,376,382 13,176,514 10,990,031 4.87
2038 37,284,813 12,455,007 10,918,425 4.56
2039 38,060,018 8,179,910 6,646,956 6.96
2040 35,405,495 1,731,054 0 0.00
2041 35,014,425 1,482,551 0 0.00
2042 35,773,977 1,265,950 0 0.00
2043 35,234,274 1,265,794 0 0.00
2044 35,264,910 1,196,864 0 0.00
2045 34,432,464 1,168,648 0 0.00
2046 34,430,169 1,171,274 0 0.00
2047 34,461,941 1,099,482 0 0.00
2048 34,375,358 1,101,514 0 0.00
2049 34,315,981 602,996 0 0.00
2050 34,000,000 603,941 0 0.00
2051 34,000,000 0 0 0.00

 

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