Bond Parameters
Configure refunding scenario
Net NPV Savings
$2,138,468
+21.4% vs last period
Annual Savings
$225,000
Rate Spread
2.25%
Refunding Cost
$320,000
Debt Service Comparison
Existing vs refunded over 15 years
Refunding Breakdown
Cost vs benefit (NPV)
AI Recommendation
Proceed with refunding
Refunding generates $2,138,468 in net present-value savings (21.38% of par). The 2.25% rate spread comfortably covers $320,000 in transaction costs.
PV of savings
$2,458,468
Breakeven
1.4 yrs