Final Assignment Part A

As a financial planner, you have been asked by the bishop to help a family in the ward. You have met with Brother and
to gather all of their financial information and present it to you. During the last meeting they expressed dispair concern
with the following information. They have expressed a sincere desire to put their financial life in order, no matter what

You have suggested a family council, and they have explained to their 3 children that everyone will be involved in learn
During your previous visit you helped them cut up all of their credit cards. They have made a commitment to "pay as y
You have been asked to prepare a comprehensive financial plan that will help them now, as well as prepare them for re
Brother and Sister Hopeful are both 35 years old.

Brother Hopeful has a good job and brings home $4,800 / month in net take home pay. He does have a profit sharing
in the amount of $150 / month. Sister Hopeful does a small part time job out of their home while the children are at sch

They currently have 2 cars. The older car is paid off, but they still have a payment of $200 / month on the new car for 2
but they have a first mortgage payment of $1,149.00 / month on the loan at 6% APR, and $582.82 / month payment on
When they purchased their home 8 years ago they made a substantial downpayment, and their home is currently wort

The average monthly expenses that they have provided show the following: $450 / food, $155 / several lessons for ea
$70 / life insurance, $200 / medical insurance, $120 / car insurance for both cars, $25 / internet, $95 / cable TV, $275 /
$85 / cell phone program for both, $170 / gas for both cars, $85 / bowling league, $35 / newspaper, $30 / misc.
They pay $615 in tithing and offerings and $35 to other charities.

They have given you the following information concerning their debt. Because they cannot make all of their payments,
and in some cases, they have missed payments. They are always receiving debt collection phone calls and there is si
Sister Hopeful's mother has made some of the payments for them, but her family is not very well off and can't help muc

Amount
$6,000.00

APR %
12.0%

$1,000.00
$12,619.08
$19,225.00
$5,200.00
$1,969.78
$1,876.97
$49,612.40
$119,412.57

15.0%
11.0%
6.0%
7.0%
12.0%
15.0%
9.5%
6.0%

$216,915.80

Current Payments
Payment Remaining Description
$158.00
48
Credit Card #1
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00

36
60
84
28
24
36
142
147

Credit Card #2
Credit Card #3
Credit Union Loan
Car Loan
Gas Credit Card
Medical Bill
2nd Mortgage
1st Mortgage

9.0%

$2,837.50
$5,217.50

Total debt

Total of other

298750748.xlsx, 12/18/2015

You have been asked to identify 3 principles you have learned from each of the Chapters 1, 2, 3/9, 5, 6, 7, 8, 10 that yo
Give examples of how it would help them and why you would teach these specific principles.
You are to identify principles from these chapters and not just do the math. Math isn't involved when you are discussin

Submit your written report as if you were addressing the bishop and explain to him how you can help this family.
You should have a minimum of a lengthy paragraph for each principle. Use the format provided in BrainHoney for you

24 points possible = 8 chapters x 3 points

6 additional points are available based on the depth of thought and the appearance of the paper.
You MUST write on your paper that you did this work absolutely by yourself with no outside help and sign it
to attest to this fact.
30 points total for Part A

298750748.xlsx, 12/18/2015

rd. You have met with Brother and Sister Hopeful and have asked them
ng they expressed dispair concerning their situation and presented you
ancial life in order, no matter what sacrifices they have to make.

t everyone will be involved in learning correct principles for everyone's long term benefit.
e made a commitment to "pay as you go", but need help to know where to begin.
now, as well as prepare them for retirement.

ay. He does have a profit sharing program where the company contributes to his 401k
r home while the children are at school and brings home a net take home paycheck of $350 per month.

f $200 / month on the new car for 28 more months at 9% APR. They own their home
R, and $582.82 / month payment on the 2nd mortgage at 9.5% APR.
nt, and their home is currently worth $175,000.

food, $155 / several lessons for each child, $30 / laundry, $20 / dry cleaning, $15 / gifts
25 / internet, $95 / cable TV, $275 / all utilities, $75 home phone service,
35 / newspaper, $30 / misc.

cannot make all of their payments, they have been making minimum payments,
ollection phone calls and there is significant stress in their home.
not very well off and can't help much longer.

Other Payments
Current Payment
$200.00
$450.00
$155.00
$30.00
$20.00
$15.00
$70.00
$200.00
$120.00
$25.00
$95.00
$275.00
$75.00
$615.00
$35.00
$2,380.00

Payment cuts
28

Cars #2
Food
lessons
laundry
Dry cleaning
Gifts
Life insurance
Medical insurance
Car insurance for both cars
Internet
Cable
Utilities
Home phone service
Tithing
Other charites

lessons
Dry Cleaning
Gifts
Cable
Home Phone
other charitires
TOTAL

$
$
$
$
$
$
$

155.00
20.00
15.00
95.00
75.00
35.00
395.00

YR amount

$ 4,740.00

298750748.xlsx, 12/18/2015

pters 1, 2, 3/9, 5, 6, 7, 8, 10 that you would teach this family.

n't involved when you are discussing principles.

how you can help this family.

mat provided in BrainHoney for your template.

outside help and sign it

298750748.xlsx, 12/18/2015

Minimize payments
Was
account
$ 450.00 Food
$
25.00 Internet
$

475.00 Total savings

proposal
$ 350.00
$ 15.00
$ 365.00

$ 5,105.00

298750748.xlsx, 12/18/2015

298750748.xlsx, 12/18/2015

Amount
$6,000.00
$1,000.00
$12,619.08
$19,225.00
$5,200.00
$1,969.78
$1,876.97
$49,612.40
$119,412.57

Current
Payment
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00

APR %
12.0%
15.0%
11.0%
6.0%
7.0%
12.0%
15.0%
9.5%
6.0%

$216,915.80

Payments
Remaining
48
36
60
84
28
24
36
142
147

Description
Credit Card #1
Credit Card #2
Credit Card #3
Credit Union Loan
Car Loan
Gas Credit Card
Medical Bill
2nd Mortgage
1st Mortgage

$2,837.50
$2,837.50
Family monthly income
YR income

Monthly debt
YR Debt

Current
Payment
$158.00
$34.67
$274.37
$280.85
$200.00
$92.72
$65.07
$582.82
$1,149.00
$200.00
$450.00
$155.00
$30.00
$20.00
$15.00
$70.00
$200.00
$240.00
$25.00
$95.00
$275.00
$75.00
$615.00
$35.00
Err:508
5,150.00
Err:509
(2,250.00)

401K PLAN
yr
30 yrs

$
$
$

150.00
1,800.00
54,000.00

Amount
$6,000.00
$1,000.00
$12,619.08
$19,225.00
$5,200.00
$1,969.78
$1,876.97
$49,612.40
$119,412.57

APR %
12.0%
15.0%
11.0%
6.0%
7.0%
12.0%
15.0%
9.5%
6.0%

Err:508

Err:508
$

Total debt
$
$

5,150.00
61,800.00

Payments
Remaining
48
36
60
84
28
24
36
142
147

Err:508

Description
Column6
Credit Card #1
Credit Card #2
Credit Card #3
Credit Union Loan
Car Loan
Gas Credit Card
Medical Bill
2nd Mortgage
1st Mortgage
Car #2
Food
lessons
laundry
Dry cleaning
Gifts
Life insurance
Medical insurance
Car Insur. X2
Internet
Cable
Utilities
Home phone service
Tithing
Other charites

Other Payments
Payment
9.0%

Total Payments

$200.00
$450.00
$155.00
$30.00
$20.00
$15.00
$70.00
$200.00
$240.00
$25.00
$95.00
$275.00
$75.00
$615.00
$35.00
$2,500.00

28

Card #2
Food
lessons
laundry
Dry cleaning
Gifts
Life insurance
Medical insurance
Car Insur. X2
Internet
Cable
Utilities
Home phone service
Tithing
Other charites

New table with some budget cuts

Amount
APR %
Current Payment
Payments Remaining
$
0.0% $
0
$
1,876.97
15.0% $
65.07
36
$
1,969.78
12.0% $
92.72
24
7.0%
28
$
6,000.00
12.0% $
158.00
48
$
12,619.08
11.0% $
274.37
60
$
19,225.00
6.0% $
280.85
84
$
49,612.40
9.5% $
582.82
142
$
119,412.57
6.0% $
1,149.00
147
$
6,000.00
12% $
158.00
48
$
300.00
$
30.00
$
70.00
$
200.00
$
120.00
$
15.00
$
275.00
$
615.00
$
42.50
Err:508

Err:508
$
Montly leftover
Yearly $ Saved

Err:509

5150

Err:508
5,150.00
Err:509
8,660.04

Err:508

Payment cuts

Minimize payments

lessons
Dry Cleaning
Gifts
Cable
Home Phone
Charitires
TOTAL

$
$
$
$
$
$
$

155.00
20.00
15.00
95.00
75.00
35.00
395.00

YR amount

4,740.00

Was
$
$
$
$
$

Description
Credit Card #2
Medical Bill
Gas Credit Card
Car Loan
Credit Card #1
Credit Card #3
Credit Union Loan
2nd Mortgage
1st Mortgage
Credit card #1
Food
laundry
Life insurance
Medical insurance
Car Insur. X2
Internet
Utilities
Tithing
Gas
Err:508

Retirement

450.00
25.00
85.00
240.00

account
Food
Internet
GAS
Insurance

proposal
$ 350.00
$ 15.00
$ 42.50
$ 120.00

800.00 Total savin $ 527.50

5,267.50

SOLD CAR
pay off Card #2

17

$2,000
$1,000

MORTGAGE AMORTIZATION
Exhibit 16
Beginning Principal :
Interest Rate :
Number of Payments :
Monthly Payment :

6,000.00
12.0000%
48
628.24
Retirement

Payments in the first 12 months:

Month
Beginning
1
2
3
4
5
6
7
8
9
10
11
12

Principal
Interest
Payment
Interest
$628.24
$60.00
$628.24
$54.32
$628.24
$48.58
$628.24
$42.78
$628.24
$36.93
$628.24
$31.01
$628.24
$25.04
$628.24
$19.01
$628.24
$12.92
$628.24
$6.76
$628.24
$0.55
$628.24
-$5.73

Principal
$568.24
$573.92
$579.66
$585.46
$591.31
$597.23
$603.20
$609.23
$615.32
$621.48
$627.69
$633.97

Balance
$ 6,000.00 Balance
$ 5,431.76
$ 4,857.84
$ 4,278.18
$ 3,692.72
$ 3,101.41
$ 2,504.18
$ 1,900.98
$ 1,291.75
$ 676.43
$ 54.95
-$ 572.74
-$ 1,206.71

Yearly Schedule of Balances and Payments

Year
2
2
2
2
2
2
2
2
2
2
2
2
2 Total
3
3
3
3
3
3
3
3
3
3
3
3
3 Total
4 Total
5 Total

Interest
-12.07
-18.47
-24.94
-31.47
-38.07
-44.73
-51.46
-58.26
-65.12
-72.05
-79.06
-86.13
-581.83
-93.27
-100.49
-107.78
-115.14
-122.57
-130.08
-137.66
-145.32
-153.06
-160.87
-168.76
-176.73
-1,611.73
-2,772.25
-4,079.96

Principal
640.31
646.71
653.18
659.71
666.31
672.97
679.70
686.50
693.36
700.29
707.30
714.37
8,120.71
721.51
728.73
736.02
743.38
750.81
758.32
765.90
773.56
781.30
789.11
797.00
804.97
9,150.61
10,311.13
11,618.84

Loan Balance
-$ 1,847.02
-$ 2,493.73
-$ 3,146.91
-$ 3,806.62
-$ 4,472.93
-$ 5,145.90
-$ 5,825.60
-$ 6,512.10
-$ 7,205.46
-$ 7,905.75
-$ 8,613.05
-$ 9,327.42
-$ 9,327.42
-$ 10,048.93
-$ 10,777.66
-$ 11,513.68
-$ 12,257.06
-$ 13,007.87
-$ 13,766.19
-$ 14,532.09
-$ 15,305.65
-$ 16,086.95
-$ 16,876.06
-$ 17,673.06
-$ 18,478.03
-$ 18,478.03
-$ 28,789.16
-$ 40,408.00

11 months

6 Total
7 Total
8 Total
9 Total
10 Total
11 Total
12 Total
13 Total
14 Total
15 Total
16 Total
17 Total
18 Total
19 Total
20 Total
21 Total
22 Total
23 Total
24 Total
25 Total
26 Total
27 Total
28 Total
29 Total
30 Total

-5,553.52
-7,213.98
-9,085.01
-11,193.33
-13,569.02
-16,246.05
-19,262.57
-22,661.67
-26,491.85
-30,807.80
-35,671.13
-41,151.25
-47,326.37
-54,284.64
-62,125.40
-70,960.60
-80,916.29
-92,134.62
-104,775.70
-119,020.02
-135,070.85
-153,157.32
-173,537.62
-196,502.65
-222,380.23

13,092.40
14,752.86
16,623.89
18,732.21
21,107.90
23,784.93
26,801.45
30,200.55
34,030.73
38,346.68
43,210.01
48,690.13
54,865.25
61,823.52
69,664.28
78,499.48
88,455.17
99,673.50
112,314.58
126,558.90
142,609.73
160,696.20
181,076.50
204,041.53
229,919.11

-$ 53,500.40
-$ 68,253.26
-$ 84,877.15
-$ 103,609.36
-$ 124,717.26
-$ 148,502.19
-$ 175,303.64
-$ 205,504.19
-$ 239,534.92
-$ 277,881.60
-$ 321,091.61
-$ 369,781.74
-$ 424,646.99
-$ 486,470.51
-$ 556,134.79
-$ 634,634.27
-$ 723,089.44
-$ 822,762.94
-$ 935,077.52
-$ 1,061,636.42
-$ 1,204,246.15
-$ 1,364,942.35
-$ 1,546,018.85
-$ 1,750,060.38
-$ 1,979,979.49

$48.58

MORTGAGE AMORTIZATION

With $1000 from the sold

Exhibit 16

Beginning Principal :
Interest Rate :
Number of Payments :
Monthly Payment :

1,000.00
15.0000%
36
662.41

Payments in the first 12 months:

Month
Payment
Beginning
1
$34.67
2
$34.67
3
$34.67
4
$34.67
5
$34.67
6
$34.67
7
$34.67
8
$34.67
9
$34.67
10
$34.67
11
$34.67
12
$662.41
13
$662.41
14
$662.41
15
$662.41
16 Principal
2
2
2
2
2
2
2
2
2
2
2
2
2 Total
3
3
3
3
3
3
3
3
3
3
3
3

13 Months
Interest

Principal

$12.50
$12.22
$11.94
$11.66
$11.37
$11.08
$10.78
$10.49
$10.18
$9.88
$9.57
$9.25
$1.09
-$7.18
-$15.55
Interest
1.09
-7.18
-15.55
-24.02
-32.60
-41.29
-50.09
-58.99
-68.01
-77.14
-86.38
-95.74
-555.90
-105.22
-114.82
-124.53
-134.37
-144.33
-154.41
-164.62
-174.96
-185.43
-196.03
-206.76
-217.62

$22.17
$22.45
$22.73
$23.01
$23.30
$23.59
$23.89
$24.18
$24.49
$24.79
$25.10
$653.16
$661.32
$669.59
$677.96
Principal
661.32
669.59
677.96
686.43
695.01
703.70
712.50
721.40
730.42
739.55
748.79
758.15
8,504.82
767.63
777.23
786.94
796.78
806.74
816.82
827.03
837.37
847.84
858.44
869.17
880.03

Loan Balance
$ 1,000.00
$ 977.83
$ 955.38
$ 932.65
$ 909.64
$ 886.34
$ 862.75
$ 838.86
$ 814.68
$ 790.19
$ 765.40
$ 740.30
$ 87.14
-$ 574.18
-$ 1,243.77
-$ 1,921.73
Loan Balance
-$ 574.18
-$ 1,243.77
-$ 1,921.73
-$ 2,608.16
-$ 3,303.17
-$ 4,006.87
-$ 4,719.37
-$ 5,440.77
-$ 6,171.19
-$ 6,910.74
-$ 7,659.53
-$ 8,417.68
-$ 8,417.68
-$ 9,185.31
-$ 9,962.54
-$ 10,749.48
-$ 11,546.26
-$ 12,353.00
-$ 13,169.82
-$ 13,996.85
-$ 14,834.22
-$ 15,682.06
-$ 16,540.50
-$ 17,409.67
-$ 18,289.70

3 Total
4 Total
5 Total
6 Total
7 Total
8 Total
9 Total
10 Total
11 Total
12 Total
13 Total
14 Total
15 Total
16 Total
17 Total
18 Total
19 Total
20 Total
21 Total
22 Total
23 Total
24 Total
25 Total
26 Total
27 Total
28 Total
29 Total
30 Total

-1,923.10
-3,510.06
-5,352.15
-7,490.35
-9,972.31
-12,853.20
-16,197.24
-20,078.84
-24,584.44
-29,814.32
-35,884.94
-42,931.44
-51,110.66
-60,604.77
-71,625.09
-84,416.96
-99,265.21
-116,500.36
-136,506.13
-159,727.93
-186,682.75
-217,970.67
-254,288.25
-296,444.06
-345,376.62
-402,175.29
-468,104.60
-544,632.38

9,872.02
11,458.98
13,301.07
15,439.27
17,921.23
20,802.12
24,146.16
28,027.76
32,533.36
37,763.24
43,833.86
50,880.36
59,059.58
68,553.69
79,574.01
92,365.88
107,214.13
124,449.28
144,455.05
167,676.85
194,631.67
225,919.59
262,237.17
304,392.98
353,325.54
410,124.21
476,053.52
552,581.30

-$ 18,289.70
-$ 29,748.68
-$ 43,049.75
-$ 58,489.02
-$ 76,410.25
-$ 97,212.37
-$ 121,358.53
-$ 149,386.29
-$ 181,919.65
-$ 219,682.89
-$ 263,516.75
-$ 314,397.11
-$ 373,456.69
-$ 442,010.38
-$ 521,584.39
-$ 613,950.27
-$ 721,164.40
-$ 845,613.68
-$ 990,068.73
-$ 1,157,745.58
-$ 1,352,377.25
-$ 1,578,296.84
-$ 1,840,534.01
-$ 2,144,926.99
-$ 2,498,252.53
-$ 2,908,376.74
-$ 3,384,430.26
-$ 3,937,011.56

1000 from the sold car, they bought bus passes and etc.

$ 413.49

MORTGAGE AMORTIZATION
Exhibit 16
Beginning Principal :
Interest Rate :
Number of Payments :
Monthly Payment :

12,619.08
11.0000%
60
936.78
Retirement

Payments in the first 12 months:

Month
Beginning
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41

Payment
Interest
Payment
Interest
$247.37
$115.67
$247.37
$114.47
$247.37
$113.25
$247.37
$112.02
$247.37
$110.78
$247.37
$109.53
$247.37
$108.26
$247.37
$106.99
$247.37
$105.70
$247.37
$104.40
$247.37
$103.09
$247.37
$101.77
$247.37
$100.44
$936.78
$99.09
$936.78
$91.41
$936.78
$83.66
$936.78
$75.84
$936.78
$67.95
$936.78
$59.98
$936.78
$51.95
$936.78
$43.84
$936.78
$35.65
$936.78
$27.39
$936.78
$19.05
$936.78
$10.64
$936.78
$2.15
$936.78
-$6.42
$936.78
-$15.06
$936.78
-$23.79
$936.78
-$32.59
$936.78
-$41.48
$936.78
-$50.45
$936.78
-$59.50
$936.78
-$68.63
$936.78
-$77.84
$936.78
-$87.14
$936.78
-$96.53
$936.78
-$106.00
$936.78
-$115.56
$936.78
-$125.21
$936.78
-$134.94

Principal
$131.70
$132.90
$134.12
$135.35
$136.59
$137.84
$139.11
$140.38
$141.67
$142.97
$144.28
$145.60
$146.93
$837.69
$845.37
$853.12
$860.94
$868.83
$876.80
$884.83
$892.94
$901.13
$909.39
$917.73
$926.14
$934.63
$943.20
$951.84
$960.57
$969.37
$978.26
$987.23
$996.28
$1,005.41
$1,014.62
$1,023.92
$1,033.31
$1,042.78
$1,052.34
$1,061.99
$1,071.72

Loan Balance
$ 12,619.08 Balance
$ 12,487.38
$ 12,354.48
$ 12,220.36
$ 12,085.01
$ 11,948.42
$ 11,810.58
$ 11,671.47
$ 11,531.09
$ 11,389.42
$ 11,246.45
$ 11,102.17
$ 10,956.57
$ 10,809.64
$ 9,971.95
$ 9,126.58
$ 8,273.46
$ 7,412.52
$ 6,543.69
$ 5,666.89
$ 4,782.06
$ 3,889.12
$ 2,987.99
$ 2,078.60
$ 1,160.87
$ 234.73
-$ 699.90
-$ 1,643.10
-$ 2,594.94
-$ 3,555.51
-$ 4,524.88
-$ 5,503.14
-$ 6,490.37
-$ 7,486.65
-$ 8,492.06
-$ 9,506.68
-$ 10,530.60
-$ 11,563.91
-$ 12,606.69
-$ 13,659.03
-$ 14,721.02
-$ 15,792.74

26 Months

3 Total
4 Total
5 Total
6 Total
7 Total
8 Total
9 Total
10 Total
11 Total
12 Total
13 Total
14 Total
15 Total
16 Total
17 Total
18 Total
19 Total
20 Total
21 Total
22 Total
23 Total
24 Total
25 Total
26 Total
27 Total
28 Total
29 Total
30 Total

-995.87
-2,411.94
-3,991.88
-5,754.66
-7,721.44
-9,915.79
-12,364.05
-15,095.65
-18,143.35
-21,543.69
-25,337.54
-29,570.41
-34,293.11
-39,562.31
-45,441.26
-52,000.51
-59,318.77
-67,483.91
-76,593.91
-86,758.10
-98,098.47
-110,751.16
-124,867.99
-140,618.41
-158,191.44
-177,798.00
-199,673.43
-224,080.25

12,237.23
13,653.30
15,233.24
16,996.02
18,962.80
21,157.15
23,605.41
26,337.01
29,384.71
32,785.05
36,578.90
40,811.77
45,534.47
50,803.67
56,682.62
63,241.87
70,560.13
78,725.27
87,835.27
97,999.46
109,339.83
121,992.52
136,109.35
151,859.77
169,432.80
189,039.36
210,914.79
235,321.61

-$ 15,792.74
-$ 29,446.04
-$ 44,679.28
-$ 61,675.30
-$ 80,638.10
-$ 101,795.25
-$ 125,400.66
-$ 151,737.67
-$ 181,122.38
-$ 213,907.43
-$ 250,486.33
-$ 291,298.10
-$ 336,832.57
-$ 387,636.24
-$ 444,318.86
-$ 507,560.73
-$ 578,120.86
-$ 656,846.13
-$ 744,681.40
-$ 842,680.86
-$ 952,020.69
-$ 1,074,013.21
-$ 1,210,122.56
-$ 1,361,982.33
-$ 1,531,415.13
-$ 1,720,454.49
-$ 1,931,369.28
-$ 2,166,690.89

875.68

MORTGAGE AMORTIZATION
Exhibit 16
Beginning Principal :
Interest Rate :
Number of Payments :
Monthly Payment :

1,876.97
15.0000%
36
65.07

Retirrement

retirement

Payments in the first 12 months:

Month
Beginning
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
3
3
3
3
3
3
3
3
3 Total
4 Total
5 Total

Payment

Interest

Principal

$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$65.07
$1,001.85
$1,001.85
$1,001.85
$1,001.85
$1,001.85
$1,001.85
$1,001.85

$23.46
$22.94
$22.42
$21.88
$21.34
$20.80
$20.24
$19.68
$19.11
$18.54
$17.96
$17.37
$16.77
$16.17
$15.56
$14.94
$14.31
$13.68
$13.04
$12.39
$11.73
$11.06
$10.39
$9.70
$9.01
$8.31
$7.60
-$4.83
-$17.41
-$30.15
-$43.05
-$56.11
-$69.34
-82.73
-84.58
-86.45
-88.34
-90.26
-92.20
-94.17
-96.16
-913.54
-1,318.49
-1,656.00

$41.61
$42.13
$42.65
$43.19
$43.73
$44.27
$44.83
$45.39
$45.96
$46.53
$47.11
$47.70
$48.30
$48.90
$49.51
$50.13
$50.76
$51.39
$52.03
$52.68
$53.34
$54.01
$54.68
$55.37
$56.06
$56.76
$994.25
$1,006.68
$1,019.26
$1,032.00
$1,044.90
$1,057.96
$1,071.19
147.80
149.65
151.52
153.41
155.33
157.27
159.24
161.23
5,441.50
2,099.33
2,436.84

Loan Balance
$ 1,876.97
$ 1,835.36
$ 1,793.23
$ 1,750.58
$ 1,707.39
$ 1,663.66
$ 1,619.39
$ 1,574.56
$ 1,529.17
$ 1,483.21
$ 1,436.68
$ 1,389.57
$ 1,341.87
$ 1,293.57
$ 1,244.67
$ 1,195.16
$ 1,145.03
$ 1,094.27
$ 1,042.88
$ 990.85
$ 938.17
$ 884.83
$ 830.82
$ 776.14
$ 720.77
$ 664.71
$ 607.95
-$ 386.30
-$ 1,392.98
-$ 2,412.24
-$ 3,444.24
-$ 4,489.14
-$ 5,547.10
-$ 6,618.29
-$ 6,766.09
-$ 6,915.74
-$ 7,067.26
-$ 7,220.67
-$ 7,376.00
-$ 7,533.27
-$ 7,692.51
-$ 7,853.74
-$ 7,853.74
-$ 9,953.07
-$ 12,389.91

4 Months
27 months

936.78

6 Total
7 Total
8 Total
9 Total
10 Total
11 Total
12 Total
13 Total
14 Total
15 Total
16 Total
17 Total
18 Total
19 Total
20 Total
21 Total
22 Total
23 Total
24 Total
25 Total
26 Total
27 Total
28 Total
29 Total
30 Total

-2,047.73
-2,502.42
-3,030.22
-3,642.86
-4,354.01
-5,179.45
-6,137.60
-7,249.76
-8,540.72
-10,039.17
-11,778.57
-13,797.55
-16,141.09
-18,861.38
-22,018.92
-25,684.11
-29,938.45
-34,876.73
-40,608.82
-47,262.42
-54,985.59
-63,950.28
-74,356.12
-86,434.73
-100,455.03

2,828.57
3,283.26
3,811.06
4,423.70
5,134.85
5,960.29
6,918.44
8,030.60
9,321.56
10,820.01
12,559.41
14,578.39
16,921.93
19,642.22
22,799.76
26,464.95
30,719.29
35,657.57
41,389.66
48,043.26
55,766.43
64,731.12
75,136.96
87,215.57
101,235.87

-$ 15,218.48
-$ 18,501.74
-$ 22,312.80
-$ 26,736.50
-$ 31,871.35
-$ 37,831.64
-$ 44,750.08
-$ 52,780.68
-$ 62,102.24
-$ 72,922.25
-$ 85,481.66
-$ 100,060.05
-$ 116,981.98
-$ 136,624.20
-$ 159,423.96
-$ 185,888.91
-$ 216,608.20
-$ 252,265.77
-$ 293,655.43
-$ 341,698.69
-$ 397,465.12
-$ 462,196.24
-$ 537,333.20
-$ 624,548.77
-$ 725,784.64

79.88

MORTGAGE AMORTIZATION
Exhibit 16
Beginning Principal :
Interest Rate :
Number of Payments :
Monthly Payment :

1,967.78
12.0000%
24
92.75
Retirement

Payments in the first 12 months:

Month
Beginning
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
2 Total
3
3
3
3
3
3
3
3
3
3
3
3
3 Total
4 Total
5 Total

Payment

Interest

Principal

$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75
$92.75

$19.68
$18.95
$18.21
$17.46
$16.71
$15.95
$15.18
$14.41
$13.62
$12.83
$12.03
$11.23
$10.41
$9.59
$8.76
$7.92
$7.07
$6.21
$5.35
$4.47
$3.59
$2.70
$1.80
$0.89
-$0.03
-$0.96
-$1.90
-$2.84
26.35
-3.80
-4.76
-5.74
-6.72
-7.72
-8.72
-9.74
-10.76
-11.80
-12.84
-13.90
-14.97
-111.47
-266.78
-441.79

$73.07
$73.80
$74.54
$75.29
$76.04
$76.80
$77.57
$78.34
$79.13
$79.92
$80.72
$81.52
$82.34
$83.16
$83.99
$84.83
$85.68
$86.54
$87.40
$88.28
$89.16
$90.05
$90.95
$91.86
$92.78
$93.71
$94.65
$95.59
1,086.65
96.55
97.51
98.49
99.47
100.47
101.47
102.49
103.51
104.55
105.59
106.65
107.72
1,224.47
1,379.78
1,554.79

Loan Balance
$ 1,967.78
$ 1,894.71
$ 1,820.91
$ 1,746.37
$ 1,671.08 months
$ 1,595.04
$ 1,518.24
$ 1,440.67
$ 1,362.33
$ 1,283.20
$ 1,203.28
$ 1,122.56
$ 1,041.04
$ 958.70
$ 875.54
$ 791.55
$ 706.72
$ 621.04
$ 534.50
$ 447.10
$ 358.82
$ 269.66
$ 179.61
$ 88.66
-$ 3.20
-$ 95.98
-$ 189.69
-$ 284.34
-$ 379.93
-$ 45.61
-$ 476.48
-$ 573.99
-$ 672.48
-$ 771.95
-$ 872.42
-$ 973.89
-$ 1,076.38
-$ 1,179.89
-$ 1,284.44
-$ 1,390.03
-$ 1,496.68
-$ 1,604.40
-$ 1,270.08
-$ 2,649.86
-$ 4,204.65

24 months

6 Total
7 Total
8 Total
9 Total
10 Total
11 Total
12 Total
13 Total
14 Total
15 Total
16 Total
17 Total
18 Total
19 Total
20 Total
21 Total
22 Total
23 Total
24 Total
25 Total
26 Total
27 Total
28 Total
29 Total
30 Total

-638.97
-861.17
-1,111.52
-1,393.65
-1,711.55
-2,069.78
-2,473.43
-2,928.29
-3,440.80
-4,018.36
-4,669.13
-5,402.45
-6,228.79
-7,159.89
-8,209.12
-9,391.40
-10,723.62
-12,224.80
-13,916.38
-15,822.46
-17,970.30
-20,390.54
-23,117.74
-26,190.80
-29,653.59

1,751.97
1,974.17
2,224.52
2,506.65
2,824.55
3,182.78
3,586.43
4,041.29
4,553.80
5,131.36
5,782.13
6,515.45
7,341.79
8,272.89
9,322.12
10,504.40
11,836.62
13,337.80
15,029.38
16,935.46
19,083.30
21,503.54
24,230.74
27,303.80
30,766.59

-$ 5,956.62
-$ 7,930.79
-$ 10,155.31
-$ 12,661.96
-$ 15,486.51
-$ 18,669.29
-$ 22,255.72
-$ 26,297.01
-$ 30,850.81
-$ 35,982.17
-$ 41,764.30
-$ 48,279.75
-$ 55,621.54
-$ 63,894.43
-$ 73,216.55
-$ 83,720.95
-$ 95,557.57
-$ 108,895.37
-$ 123,924.75
-$ 140,860.21
-$ 159,943.51
-$ 181,447.05
-$ 205,677.79
-$ 232,981.59
-$ 263,748.18

330.54

MORTGAGE AMORTIZATION
Exhibit 16
Beginning Principal :
Interest Rate :
Number of Payments :
Monthly Payment :

19,225.00
6.0000%
84
280.85
Retirement

Payments in the first 12 months:

Month
Beginning
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
3 Total
4 Total
5 Total

Payment

Interest

Principal

$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$280.85
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70
$1,282.70

$96.13
$95.20
$94.27
$93.34
$92.40
$91.46
$90.51
$89.56
$88.61
$87.64
$86.68
$85.71
$84.73
$83.75
$82.77
$81.78
$80.78
$79.78
$78.77
$77.76
$76.75
$75.73
$74.70
$73.67
$72.64
$71.59
$70.55
$69.50
$63.43
$57.33
$51.21
$45.05
$38.86
$32.64
$26.39
$20.11
$13.80
$7.45
$1.08
-$5.33
-$11.77
276.82
-319.29
-546.85

$184.72
$185.65
$186.58
$187.51
$188.45
$189.39
$190.34
$191.29
$192.24
$193.21
$194.17
$195.14
$196.12
$197.10
$198.08
$199.07
$200.07
$201.07
$202.08
$203.09
$204.10
$205.12
$206.15
$207.18
$208.21
$209.26
$210.30
$1,213.20
$1,219.27
$1,225.37
$1,231.49
$1,237.65
$1,243.84
$1,250.06
$1,256.31
$1,262.59
$1,268.90
$1,275.25
$1,281.62
$1,288.03
$1,294.47
15,115.58
3,689.49
3,917.05

Loan Balance
$ 19,225.00
$ 19,040.28
$ 18,854.63
$ 18,668.05
$ 18,480.54
$ 18,292.09
$ 18,102.70
$ 17,912.36
$ 17,721.07
$ 17,528.83
$ 17,335.62
$ 17,141.45
$ 16,946.31
$ 16,750.19
$ 16,553.09
$ 16,355.01
$ 16,155.94
$ 15,955.87
$ 15,754.80
$ 15,552.72
$ 15,349.63
$ 15,145.53
$ 14,940.41
$ 14,734.26
$ 14,527.08
$ 14,318.87
$ 14,109.61
$ 13,899.31
$ 12,686.11
$ 11,466.84
$ 10,241.47
$ 9,009.98
$ 7,772.33
$ 6,528.49
$ 5,278.43
$ 4,022.12
$ 2,759.53
$ 1,490.63
$ 215.38
-$ 1,066.24
-$ 2,354.27
-$ 3,648.74
-$ 3,648.74
-$ 7,338.23
-$ 11,255.28

39 months

6 Total
7 Total
8 Total
9 Total
10 Total
11 Total
12 Total
13 Total
14 Total
15 Total
16 Total
17 Total
18 Total
19 Total
20 Total
21 Total
22 Total
23 Total
24 Total
25 Total
26 Total
27 Total
28 Total
29 Total
30 Total

-788.45
-1,044.94
-1,317.26
-1,606.36
-1,913.32
-2,239.20
-2,585.16
-2,952.49
-3,342.44
-3,756.47
-4,196.04
-4,662.68
-5,158.13
-5,684.13
-6,242.60
-6,835.49
-7,464.96
-8,133.26
-8,842.77
-9,596.03
-10,395.76
-11,244.81
-12,146.22
-13,103.26
-14,119.31

4,158.65
4,415.14
4,687.46
4,976.56
5,283.52
5,609.40
5,955.36
6,322.69
6,712.64
7,126.67
7,566.24
8,032.88
8,528.33
9,054.33
9,612.80
10,205.69
10,835.16
11,503.46
12,212.97
12,966.23
13,765.96
14,615.01
15,516.42
16,473.46
17,489.51

-$ 15,413.93
-$ 19,829.07
-$ 24,516.53
-$ 29,493.09
-$ 34,776.61
-$ 40,386.01
-$ 46,341.37
-$ 52,664.06
-$ 59,376.70
-$ 66,503.37
-$ 74,069.61
-$ 82,102.49
-$ 90,630.82
-$ 99,685.15
-$ 109,297.95
-$ 119,503.64
-$ 130,338.80
-$ 141,842.26
-$ 154,055.23
-$ 167,021.46
-$ 180,787.42
-$ 195,402.43
-$ 210,918.85
-$ 227,392.31
-$ 244,881.82

17.91

1001.85

4.17 years

MORTGAGE AMORTIZATION
Exhibit 16
Beginning Principal :
Interest Rate :
Number of Payments :
Monthly Payment :

$ 119,412.57
6.0000%
147
$
1,149.00

Payments in the first 12 months:

Month
Beginning
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44

Payment

Interest

Principal

$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$1,149.00
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70

$597.06
$594.30
$591.53
$588.74
$585.94
$583.13
$580.30
$577.45
$574.60
$571.72
$568.84
$565.94
$563.02
$560.09
$557.15
$554.19
$551.21
$548.22
$545.22
$542.20
$539.17
$536.12
$533.05
$529.97
$526.88
$523.77
$520.64
$517.50
$514.34
$511.17
$507.98
$504.78
$501.55
$498.32
$495.06
$491.79
$488.51
$485.21
$481.89
$478.55
$468.78
$458.97
$449.11
$439.19

$551.94
$554.70
$557.47
$560.26
$563.06
$565.87
$568.70
$571.55
$574.40
$577.28
$580.16
$583.06
$585.98
$588.91
$591.85
$594.81
$597.79
$600.78
$603.78
$606.80
$609.83
$612.88
$615.95
$619.03
$622.12
$625.23
$628.36
$631.50
$634.66
$637.83
$641.02
$644.22
$647.45
$650.68
$653.94
$657.21
$660.49
$663.79
$667.11
$1,953.15
$1,962.92
$1,972.73
$1,982.59
$1,992.51

Loan Balance
$ 119,412.57
$ 118,860.63
$ 118,305.93
$ 117,748.46
$ 117,188.20
$ 116,625.14
$ 116,059.27
$ 115,490.57
$ 114,919.02
$ 114,344.62
$ 113,767.34
$ 113,187.18
$ 112,604.12
$ 112,018.14
$ 111,429.23
$ 110,837.38
$ 110,242.57
$ 109,644.78
$ 109,044.00
$ 108,440.22
$ 107,833.42
$ 107,223.59
$ 106,610.71
$ 105,994.76
$ 105,375.73
$ 104,753.61
$ 104,128.38
$ 103,500.02
$ 102,868.52
$ 102,233.86
$ 101,596.03
$ 100,955.01
$ 100,310.79
$ 99,663.34
$ 99,012.66
$ 98,358.72
$ 97,701.51
$ 97,041.02
$ 96,377.23
$ 95,710.12
$ 93,756.97
$ 91,794.05
$ 89,821.32
$ 87,838.73
$ 85,846.22

36 months

45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
7 Total
8
8
8
8
8
8
8

$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70
$2,431.70

$429.23
$419.22
$409.16
$399.04
$388.88
$378.67
$368.40
$358.08
$347.72
$337.30
$326.82
$316.30
$305.72
$295.09
$284.41
$273.67
$262.88
$252.04
$241.14
$230.19
$219.18
$208.12
$197.00
$185.83
$174.60
$163.31
$151.97
$140.57
$129.12
$117.60
$106.03
$94.40
$82.72
$70.97
$59.17
$47.31
$35.38
$23.40
$11.36
-$0.74
-$12.90
-$25.13
-$37.41
-$49.76
-$62.16
-$74.63
-$87.16
-$99.76
-$112.42
-527.31
-125.14
-131.51
-137.91
-144.34
-150.81
-157.31
-163.84

$2,002.47
$2,012.48
$2,022.54
$2,032.66
$2,042.82
$2,053.03
$2,063.30
$2,073.62
$2,083.98
$2,094.40
$2,104.88
$2,115.40
$2,125.98
$2,136.61
$2,147.29
$2,158.03
$2,168.82
$2,179.66
$2,190.56
$2,201.51
$2,212.52
$2,223.58
$2,234.70
$2,245.87
$2,257.10
$2,268.39
$2,279.73
$2,291.13
$2,302.58
$2,314.10
$2,325.67
$2,337.30
$2,348.98
$2,360.73
$2,372.53
$2,384.39
$2,396.32
$2,408.30
$2,420.34
$2,432.44
$2,444.60
$2,456.83
$2,469.11
$2,481.46
$2,493.86
$2,506.33
$2,518.86
$2,531.46
$2,544.12
29,707.71
1,274.14
1,280.51
1,286.91
1,293.34
1,299.81
1,306.31
1,312.84

$ 83,843.75
$ 81,831.27
$ 79,808.73
$ 77,776.07
$ 75,733.25
$ 73,680.22
$ 71,616.92
$ 69,543.30
$ 67,459.32
$ 65,364.92
$ 63,260.04
$ 61,144.64
$ 59,018.66
$ 56,882.05
$ 54,734.76
$ 52,576.73
$ 50,407.91
$ 48,228.25
$ 46,037.69
$ 43,836.18
$ 41,623.66
$ 39,400.08
$ 37,165.38
$ 34,919.51
$ 32,662.41
$ 30,394.02
$ 28,114.29
$ 25,823.16
$ 23,520.58
$ 21,206.48
$ 18,880.81
$ 16,543.51
$ 14,194.53
$ 11,833.80
$ 9,461.27
$ 7,076.88
$ 4,680.56
$ 2,272.26
-$ 148.08
-$ 2,580.52
-$ 5,025.12
-$ 7,481.95
-$ 9,951.06
-$ 12,432.52
-$ 14,926.38
-$ 17,432.71
-$ 19,951.57
-$ 22,483.03
-$ 25,027.15
-$ 25,027.15
-$ 26,301.29
-$ 27,581.80
-$ 28,868.71
-$ 30,162.05
-$ 31,461.86
-$ 32,768.17
-$ 34,081.01

83 months

8
8
8
8
8
8 Total
9
9
9
9
9
9
9
9
9
9
9
9
9 Total
10
10
10
10
10
10
10
10
10
10
10
10
10 Total
11 Total
12 Total
13 Total
14 Total
15 Total
16 Total
17 Total
18 Total
19 Total
20 Total
21 Total
22 Total
23 Total
24 Total
25 Total
26 Total
27 Total
28 Total
29 Total
30 Total

-170.41
-177.00
-183.63
-190.30
-196.99
-1,929.19
-203.72
-210.49
-217.28
-224.11
-230.98
-237.88
-244.81
-251.78
-258.79
-265.83
-272.90
-280.01
-2,898.58
-287.15
-294.34
-301.55
-308.80
-316.09
-323.42
-330.78
-338.18
-345.62
-353.09
-360.60
-368.15
-3,927.77
-5,020.44
-6,180.50
-7,412.14
-8,719.71
-10,107.90
-11,581.77
-13,146.52
-14,807.78
-16,571.51
-18,444.02
-20,432.01
-22,542.62
-24,783.42
-27,162.43
-29,688.17
-32,369.69
-35,216.59
-38,239.08
-41,447.97
-44,854.81

1,319.41
1,326.00
1,332.63
1,339.30
1,345.99
15,717.19
1,352.72
1,359.49
1,366.28
1,373.11
1,379.98
1,386.88
1,393.81
1,400.78
1,407.79
1,414.83
1,421.90
1,429.01
16,686.58
1,436.15
1,443.34
1,450.55
1,457.80
1,465.09
1,472.42
1,479.78
1,487.18
1,494.62
1,502.09
1,509.60
1,517.15
17,715.77
18,808.44
19,968.50
21,200.14
22,507.71
23,895.90
25,369.77
26,934.52
28,595.78
30,359.51
32,232.02
34,220.01
36,330.62
38,571.42
40,950.43
43,476.17
46,157.69
49,004.59
52,027.08
55,235.97
58,642.81

-$ 35,400.42
-$ 36,726.42
-$ 38,059.05
-$ 39,398.35
-$ 40,744.34
-$ 40,744.34
-$ 42,097.06
-$ 43,456.55
-$ 44,822.83
-$ 46,195.94
-$ 47,575.92
-$ 48,962.80
-$ 50,356.61
-$ 51,757.39
-$ 53,165.18
-$ 54,580.01
-$ 56,001.91
-$ 57,430.92
-$ 57,430.92
-$ 58,867.07
-$ 60,310.41
-$ 61,760.96
-$ 63,218.76
-$ 64,683.85
-$ 66,156.27
-$ 67,636.05
-$ 69,123.23
-$ 70,617.85
-$ 72,119.94
-$ 73,629.54
-$ 75,146.69
-$ 75,146.69
-$ 93,955.13
-$ 113,923.63
-$ 135,123.77
-$ 157,631.48
-$ 181,527.38
-$ 206,897.15
-$ 233,831.67
-$ 262,427.45
-$ 292,786.96
-$ 325,018.98
-$ 359,238.99
-$ 395,569.61
-$ 434,141.03
-$ 475,091.46
-$ 518,567.63
-$ 564,725.32
-$ 613,729.91
-$ 665,756.99
-$ 720,992.96
-$ 779,635.77

$1,282.70

MORTGAGE AMORTIZATION
Exhibit 16
Beginning Principal :
Interest Rate :
Number of Payments :
Monthly Payment :

49,612.40
9.5000%
142
582.82

186.0

Payments in the first 12 months:

Month
Beginning
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44

Payment

Interest

Principal

$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82

$392.76
$391.26
$389.74
$388.22
$386.67
$385.12
$383.56
$381.98
$380.39
$378.79
$377.17
$375.54
$373.90
$372.25
$370.58
$368.90
$367.21
$365.50
$363.78
$362.05
$360.30
$358.54
$356.76
$354.97
$353.17
$351.35
$349.52
$347.67
$345.81
$343.93
$342.04
$340.13
$338.21
$336.28
$334.33
$332.36
$330.38
$328.38
$326.36
$324.33
$322.29
$320.22
$318.14
$316.05

$190.06
$191.56
$193.08
$194.60
$196.15
$197.70
$199.26
$200.84
$202.43
$204.03
$205.65
$207.28
$208.92
$210.57
$212.24
$213.92
$215.61
$217.32
$219.04
$220.77
$222.52
$224.28
$226.06
$227.85
$229.65
$231.47
$233.30
$235.15
$237.01
$238.89
$240.78
$242.69
$244.61
$246.54
$248.49
$250.46
$252.44
$254.44
$256.46
$258.49
$260.53
$262.60
$264.68
$266.77

Loan Balance
$ 49,612.40
$ 49,422.34
$ 49,230.78
$ 49,037.70
$ 48,843.10
$ 48,646.95
$ 48,449.25
$ 48,249.99
$ 48,049.15
$ 47,846.72
$ 47,642.69
$ 47,437.04
$ 47,229.76
$ 47,020.84
$ 46,810.27
$ 46,598.03
$ 46,384.11
$ 46,168.50
$ 45,951.18
$ 45,732.14
$ 45,511.37
$ 45,288.85
$ 45,064.57
$ 44,838.51
$ 44,610.66
$ 44,381.01
$ 44,149.54
$ 43,916.24
$ 43,681.09
$ 43,444.08
$ 43,205.19
$ 42,964.41
$ 42,721.72
$ 42,477.11
$ 42,230.57
$ 41,982.08
$ 41,731.62
$ 41,479.18
$ 41,224.74
$ 40,968.28
$ 40,709.79
$ 40,449.26
$ 40,186.66
$ 39,921.98
$ 39,655.21

93 months

45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
8

$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$582.82
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52

$313.94
$311.81
$309.66
$307.50
$305.32
$303.12
$300.91
$298.68
$296.43
$294.16
$291.88
$289.57
$287.25
$284.91
$282.55
$280.18
$277.78
$275.36
$272.93
$270.48
$268.00
$265.51
$263.00
$260.47
$257.92
$255.34
$252.75
$250.14
$247.51
$244.85
$242.17
$239.48
$236.76
$234.02
$231.26
$228.48
$225.67
$222.84
$219.99
$217.12
$194.97
$172.65
$150.16
$127.48
$104.62
$81.59
$58.37
$34.96
$11.38
-$12.40
-$36.36
-$60.51
-$84.86
-$109.39
-$134.13
-$159.05
-$184.18

$268.88
$271.01
$273.16
$275.32
$277.50
$279.70
$281.91
$284.14
$286.39
$288.66
$290.94
$293.25
$295.57
$297.91
$300.27
$302.64
$305.04
$307.46
$309.89
$312.34
$314.82
$317.31
$319.82
$322.35
$324.90
$327.48
$330.07
$332.68
$335.31
$337.97
$340.65
$343.34
$346.06
$348.80
$351.56
$354.34
$357.15
$359.98
$362.83
$2,797.40
$2,819.55
$2,841.87
$2,864.36
$2,887.04
$2,909.90
$2,932.93
$2,956.15
$2,979.56
$3,003.14
$3,026.92
$3,050.88
$3,075.03
$3,099.38
$3,123.91
$3,148.65
$3,173.57
$3,198.70

$ 39,386.33
$ 39,115.32
$ 38,842.16
$ 38,566.84
$ 38,289.34
$ 38,009.64
$ 37,727.73
$ 37,443.59
$ 37,157.20
$ 36,868.54
$ 36,577.60
$ 36,284.35
$ 35,988.78
$ 35,690.87
$ 35,390.60
$ 35,087.96
$ 34,782.92
$ 34,475.46
$ 34,165.57
$ 33,853.23
$ 33,538.41
$ 33,221.10
$ 32,901.28
$ 32,578.93
$ 32,254.03
$ 31,926.55
$ 31,596.48
$ 31,263.80
$ 30,928.49
$ 30,590.52
$ 30,249.87
$ 29,906.53
$ 29,560.47
$ 29,211.67
$ 28,860.11
$ 28,505.77
$ 28,148.62
$ 27,788.64
$ 27,425.81
$ 24,628.41
$ 21,808.86
$ 18,966.99
$ 16,102.63
$ 13,215.59
$ 10,305.69
$ 7,372.76
$ 4,416.61
$ 1,437.05
-$ 1,566.09
-$ 4,593.01
-$ 7,643.89
-$ 10,718.92
-$ 13,818.30
-$ 16,942.21
-$ 20,090.86
-$ 23,264.43
-$ 26,463.13

8
8
8
8
8
8 Total
9
9
9
9
9
9
9
9
9
9
9
9
9 Total
10
10
10
10
10
10
10
10
10
10
10
10
10 Total
11
11
11
11
11
11
11
11
11
11
11
11
11 Total
12 Total
13 Total
14 Total
15 Total
16 Total
17 Total
18 Total
19 Total
20 Total
21 Total
22 Total
23 Total

$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52
$3,014.52

-$209.50
-$235.02
-260.75
-267.43
-274.16
-2,015.34
-280.94
-287.78
-294.67
-301.62
-308.62
-315.68
-322.79
-329.96
-337.19
-344.47
-351.81
-359.21
-3,834.74
-366.67
-374.19
-381.76
-389.40
-397.10
-404.85
-412.67
-420.55
-428.50
-436.50
-444.57
-452.71
-4,909.47
-460.90
-469.17
-477.49
-485.89
-494.35
-502.88
-511.47
-520.14
-528.87
-537.67
-546.54
-555.48
-6,090.85
-7,389.46
-8,816.97
-10,386.14
-12,111.05
-14,007.19
-16,091.49
-18,382.66
-20,901.21
-23,669.74
-26,713.02
-30,058.34
-33,735.69

$3,224.02
$3,249.54
843.57
850.25
856.98
30,894.48
863.76
870.60
877.49
884.44
891.44
898.50
905.61
912.78
920.01
927.29
934.63
942.03
10,828.58
949.49
957.01
964.58
972.22
979.92
987.67
995.49
1,003.37
1,011.32
1,019.32
1,027.39
1,035.53
11,903.31
1,043.72
1,051.99
1,060.31
1,068.71
1,077.17
1,085.70
1,094.29
1,102.96
1,111.69
1,120.49
1,129.36
1,138.30
13,084.69
14,383.30
15,810.81
17,379.98
19,104.89
21,001.03
23,085.33
25,376.50
27,895.05
30,663.58
33,706.86
37,052.18
40,729.53

-$ 29,687.15
-$ 32,936.69
-$ 33,780.26
-$ 34,630.51
-$ 35,487.49
-$ 35,487.49
-$ 36,351.25
-$ 37,221.85
-$ 38,099.34
-$ 38,983.78
-$ 39,875.22
-$ 40,773.72
-$ 41,679.33
-$ 42,592.11
-$ 43,512.12
-$ 44,439.41
-$ 45,374.04
-$ 46,316.07
-$ 46,316.07
-$ 47,265.56
-$ 48,222.57
-$ 49,187.15
-$ 50,159.37
-$ 51,139.29
-$ 52,126.96
-$ 53,122.45
-$ 54,125.82
-$ 55,137.14
-$ 56,156.46
-$ 57,183.85
-$ 58,219.38
-$ 58,219.38
-$ 59,263.10
-$ 60,315.09
-$ 61,375.40
-$ 62,444.11
-$ 63,521.28
-$ 64,606.98
-$ 65,701.27
-$ 66,804.23
-$ 67,915.92
-$ 69,036.41
-$ 70,165.77
-$ 71,304.07
-$ 71,304.07
-$ 85,687.37
-$ 101,498.18
-$ 118,878.16
-$ 137,983.05
-$ 158,984.08
-$ 182,069.41
-$ 207,445.91
-$ 235,340.96
-$ 266,004.54
-$ 299,711.40
-$ 336,763.58
-$ 377,493.11

24 Total
25 Total
26 Total
27 Total
28 Total
29 Total
30 Total

-37,778.00
-42,221.48
-47,105.99
-52,475.26
-58,377.43
-64,865.37
-71,997.24

44,771.84
49,215.32
54,099.83
59,469.10
65,371.27
71,859.21
78,991.08

-$ 422,264.95
-$ 471,480.27
-$ 525,580.10
-$ 585,049.20
-$ 650,420.47
-$ 722,279.68
-$ 801,270.76

$2,431.70
93 months
7.75

401K
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 1,800.00
$ 54,000.00

After payment retirement saving month

1200
1200
1200
1200
1200
1200
1200
1200
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
18,000.00
$
396,000.00
9600 $ 459,600.00