MAIN DATA ENTRY Current List / Asking Price: $ 499,000.00 Project Updated: 11/15/17 Original or Current Appraised / Market Value / AsIs: $ 520,000.00 AsIs Date: 11/1/17 Est. Resale Value / Post Renovations / LongTerm Holding: $ 599,000.00 Source: www.zillow.com (Discount Asking Price:) $ (75,000.00) FIELD LEGEND Manual Entry Fields Quick Estimate Fields Automatic Calculation Fields Quick Estimate Factors Offer/Bid Price: $ 424,000.00 PURCHASE Down Payment: 50% % Estimated Closing Costs @ Purchase 1.00% % $ 212,000.00 Estimated Lender Fees @ Purchase Estimated Commission @ Purchase 1.00% % % Carrying Time ShortTerm/LongTerm/Resale: 120 :Months Estimated Improvements (Cash) 7.50% % FINANCING SHORT TERM HOLDING / RESALE $ 424,000.00 1st Position Mortage Interest Rate 4.25% % 1st Position Mortage Term / Years 30 Maximun Offer to Resell (Fix/Flip): $ 424,000.00 SALE Gross Profit: $ 221,346.99 Less Buyer Discount at Sale 5.00% % Cash at Closing: $ 317,216.50 Estimate Closing Costs @ Sale 1.00% % Estimated Commission @ Sale 6.00% % LONG TERM HOLDING / RENT / RESALE Carrying Time Before Rented: 3 :Months Quick Entry Detailed Estimated Expenses / Monthly: $ $ 1,729.17 Estimated Income / Monthly: $ $ 4,400.00 Cash Flow: $ 1,627.92 per month Cash Flow: $ 19,535.05 per year Maximum Offer to Rent: $ 424,000.00 First Year Net Equity: $ 308,000.00 $ 574,000.00 Sale Price: $ 569,050.00 Gross Profit after LongTerm Hold then Resale: $ 221,346.99 Cash at Closing: $ 317,216.50
Project Updated: 11/15/17 PERFORMANCE SUMMARY Project Location: Purchase Price: $ 424,000.00 Market Value: $ 520,000.00 :"AsIs" Condition Condition AsIs Date: 11/1/17 Market Value / Resale Price: $ 599,000.00 :After Improvements / Long Term Holding / Resale Value Estimated Holding Time: 120 :Months to Sell Capitalization Rate: 6.9% Mortgage / Debt Service: $ 12,514.95 :Annual Operating Expenses: $ 20,750.00 :Annual Total Gross Income: $ 52,800.00 :Annual Capital Contribution: $ :Annual Cash Flow / Net Income: $ 16,895.05 :Annual Total Property Equity: $ 308,000.00 :Appraised Value (AsIs) Available Cash Equity: $ 204,000.00 :Appraised Value (AsIs) Total Gross Profit: $ 221,346.99 :at Resale Net Profit after Taxes: $ 154,942.90 :at Resale Cash at Closing: $ 317,216.50 :at Resale (Post Mortgage(s) / Loan(s) Payoff)
PURCHASE DETAILS SALE DETAILS List Price: $ 499,000.00 Proposed Purchase Price: $ 424,000.00 Detailed Closing Costs Financed Costs 1=Yes 0=No fin Loan Points: $ Payoff / Down Payment: $ 212,000.00 50.00% Credit Report: $ Title Insurance: $ FIELD LEGEND Estimated Closing Costs: $ 4,240.00 1.00% Appraisal: $ Manual Entry Fields Detailed Closing Costs: $ Insurance (Impound): $ Quick Estimate Fields Mortgage/Lender Fees: $ 4,240.00 1.00% Taxes (All): $ Auto Calculation Fields Commission: $ Termite Inspection: $ Selection Fileds Total Closing Costs: $ 8,480.00 Processing Fee(s): $ Home Inspection: $ Market Value AsIs: $ 520,000.00 Interest Fee: $ After Repair / LTH / Resale Value: $ 599,000.00 Loan Discount Fee: $ Tax Service Fee: $ Property (Home) Inspection Date: 11/2/17 Flood Certification: $ Termite Inspection Date: 11/8/17 Recording Fee: $ Estimated Closing Date: 12/20/17 Escrow Company Fee: $ Commitment Fee: $ Rent Start Date: Notary: $ Legal Fees: $ CARRYING TIME (OPEN/RENT): 3 /months Seller's Closing Costs: $ Misc Project Cost: $ Final / Actual Closing Costs: $ Total Detailed Closing Costs: $ LT / AR Market Value: $ 599,000.00 CARRYING TIME (SELL): 120 /months Less Buyer Discount $ (29,950.00) 5.00% % Estimated Sale Price: $ 569,050.00 Estimated Closing Costs: $ 5,690.50 1.00% Other Credits/Discount to Buyer: $ Notes: Sale Commission: $ 34,143.00 6.00% Seller Assistance: $ % Actual Closing Costs: $ Total Purchase Price: $ 569,050.00 Mortgage Prepayment Penalty: $ Initial Down Payment POC: $ :(Figure) Total Closing Costs: $ 39,833.50 Lease Payment Credits POC: $ : Months Balance (Cash/Financed): $ 569,050.00 Legal / Misc / Cash Out: $ Investor/Company Profit: $ 221,346.99 Contract Date: Appraised Value AsIs: $ 520,000.00 Estimated Closing Date: After Repair / LT Hold Value: $ 599,000.00
PURCHASE / SALE MASTER SUMMARY Maximum Price Formula for RENT Maximum Price Formula for RESALE (Fix/Flip and/or Long Term Hold) Total Operating Income: $ 52,800.00 1.04% Sale Price at Closing: $ 569,050.00 $ 529,216.50 Operating Expenses: $ (20,750.00) Cost to Sell: $ (39,833.50) $ (212,000.00) Net Operating Income: $ 32,050.00 Actual Resale Total: $ 529,216.50 $ 317,216.50 $ Mortgage/Debt Service: $ (12,514.95) Down Payment(Cash): $ (212,000.00) 120 $ 317,216.50 $ Cash Flow Before Taxes: $ 19,535.05 :1st Year Cost to Purchase(Cash): $ (8,480.00) 3 $ 317,216.50 Asking Price: $ 499,000.00 Renovations/Finishes (Cash): $ (31,800.00) $ 50,160.00 FIELD LEGEND Less Discount to Seller: $ (75,000.00) Legal / Misc.(Cash): $ $ 4,180.00 Manual Entry Fields Maximum Offer for Rent: $ 424,000.00 Seller Assitance: $ 117 Quick Estimate Fields Estimated Holding Costs: $ (332,649.51) $ 489,060.00 Automatic Calculation Fields Capital Contribution Required: $ :Year Gross Profit: $ (55,713.01) **Less Mortgage/Loan Payoff: $ (212,000.00) $ :Est. Reverse Am. 2nd Position Property Equity Summary Loan Equity Adjustment: $ : Loan Paydown as (fig.) Actual / Other Operating Costs: $ :Actual Costs AsOf Date Appraised Value AsIs: $ 520,000.00 Net Profit (Short Term): $ (267,713.01) Equity Line (LTV): $ 416,000.00 80.0% % Estimated Rental Income: $ 489,060.00 $ 156,410.49 1st Position Mortgage: $ (212,000.00) Actual Rent / Income: $ :Income as of Date 2nd Postion (Equity): $ Other Income: $ Notes: Available Cash Equity: $ 204,000.00 Net Profit (Long Term): $ 221,346.99 Total Amount Leveraged : $ 212,000.00 Lease Payment Credits: $ $ $ Total Gross Profit: $ 221,346.99 $ 66,404.10 $ (212,000.00) $ 317,216.50 2nd Equity Financed: $ $ 30% $ 317,216.50 :CAC 2nd Equity Cashed Out: $ :Does Not Add to Mortgage Payoff** Net Profit After Taxes: $ 154,942.90 $ 154,942.90 $ :SA Funds MORTGAGE / LOAN DETAILS 50% Proposed / Purchase Price: $ 424,000.00 1st Position % of Financing: 100% 100.00% : % of Total Financed Down Payment: $ (212,000.00) Loan Type: Principle + Interest 30 :Amoritized / Term Cash Out/(Principal Adjustment): $ Mortgage Amount: $ 212,000.00 4.25% :Interest Rate SubTotal: $ 212,000.00 :1st Position Est Reverse Am / Month: $ 120 :Months / Reverse Am. Commissions Financed: $ :Cash Out Extra Monthly Payment: $ 30 :Payoff (Years) Closing Costs Financed: $ 0.00 Payment: $ 1,042.91 Bank :Loan Source Down Payment Financed: $ $ 212,000.00 Mortgage Costs Financed: $ 1 Renovations/Finishes Financed: $ :Cash Out 2nd Position % of Financing 0% 0.00% : % of Total Financed 2nd Position Equity Financed: $ :Cash Out Loan Type: Interest Only 30 :Amoritized / Term Balance to Finance 1st & 2nd: $ 212,000.00 $ Mortgage Amount: $ (0.00) 7.00% :Interest Rate Costs Supplemental Financed: $ :Date Extra Monthly Payment: 30 :Payoff (Years) Total Amount Financed: $ 212,000.00 Payment: $ (0.00) Bank :Loan Source Total Financed Payment(s): $ 1,042.91 /month (Inc. Supp. Financing) Financing Notes: $ 12,514.95 /year Est. Cash (In)/Out: $ Supplemental Financing: $ :Total Supplemental Financing: $ /Month
OPERATING EXPENSES Common Operating Expenses Additional Commercial CAM Expenses Monthly Yearly Monthly Yearly Taxes: $ 1,041.67 $ 12,500.00 Landscaping: $ 200.00 $ 2,400.00 Insurance: $ 187.50 $ 2,250.00 Snow Removal: $ 50.00 $ 600.00 Utilities: $ 75.00 $ 900.00 Trash Removal: $ $ Condo Fees: $ $ Water / Sewer: $ $ Maintenance: $ 100.00 $ 1,200.00 Cleaning Services: $ $ Reserve: $ $ Security: $ $ Misc: $ $ Payroll / Mgt. Fees: $ $ ### ####### SubTotal: $ 1,404.17 $ 16,850.00 Exterminator: $ 25.00 $ 300.00 Quick $ $ $ 20,750.00 Cost of Goods: $ $ $ 1,729.17 Legal / Accounting: $ 50.00 $ 600.00 Total Expenses Including Loan(s): $ 2,772.08 $ 33,264.95 Advertising: $ $ SUBTOTAL: $ 325.00 $ 3,900.00 BUSINESS / RENTAL INCOME OTHER INCOME :Rent Start Date Income Per Month Lease Payment Credit Pecentage: % Unit Unit 1 101A Unit 2 102A Unit 3 201A Unit 4 202A 52wk Income Profile $ 52 Week Profile Estimated Actual Security Deposit Unit $ $ 1,500.00 101A $ $ 700.00 102A $ $ 1,350.00 201A $ $ 850.00 202A $ $ $ $ $ $ $ $ $ $ $ $ Quick: $ Rent Totals: $ $ $ 4,400.00 $ $ 52,800.00 Scenario Selection: 1 :Input Number (1) to Select, Other Two Columns Must be (0) Zero $ $ $ $ 4,400.00 $ 52,800.00 $ 4,400.00 $ $ Other Income / Per Month Option 1 Option 1 Option 3 Laundry Washer: $ $ $ Laundry Dryer: $ $ $ Parking: $ $ $ Other: $ $ $ 2 Bedroom, 1 Bath, Upgraded 1 Bedroon, 1 Bath 2 Bedroom, 1 Bath 1 Bedroon, 1 Bath, Upgraded Lease / Rental Income Notes See Detail Tab 52 Week Income Profile Other Income Totals: $ $ $ Scenario Selection: 1 :Input Number (1) to Select, Other Two Columns Must be (0) Zero $ $ $ $ $ 52,800.00
CARRYING TIME EXPENSES Holding Costs Resale Months Items Unit Costs 120 Mortgage $ 1,042.91 $ 125,149.51 120 Expenses $ 1,729.17 $ 207,500.00 Total: $ 332,649.51 Holding Costs Rent Months Items Unit Costs 3 Mortgage $ 1,042.91 $ 3,128.74 3 Expenses $ 1,729.17 $ 5,187.50 Total: $ 8,316.24
IMPROVEMENTS Estimated Purchase Price: $ 424,000.00 Financed NonFinanced Budgeted Improvement Costs: $ $ 31,800.00 Estimate % of Purchase Price: 8% Notes DETAILED IMPROVEMENT ESTIMATE Financed NonFinanced Actual/Estimated: $ $ Landscaping: $ $ Roof: $ $ Siding: $ $ Flooring: $ $ Kitchen: $ $ Cabinetry: $ $ Bath #1: $ $ Bath #2: $ $ Bath #3: $ $ Bedroom #1: $ $ Bedroom #2: $ $ Bedroom #3: $ $ Bedroom #4: $ $ Living Room: $ $ Dining Room: $ $ Office: $ $ Furnace / AHU(s): $ $ AC Condenser(s): $ $ Electrical: $ $ Light Fixtures: $ $ Plumbing: $ $ Painting: $ $ Water Heater: $ $ Pool: $ $ Hot Tub: $ $ Windows: $ $ Fixtures: $ $ Hardware: $ $ Interior Doors: $ $ Entry: $ $ Laundry Room: $ $ Appliances: $ $ Cleaning: $ $ Notes Total Est. Detailed Costs: $ $
52 WEEK INCOME PROFILE Number of Units: 0 Estimated Income Rental Period Contracted Income Month Week No. $ $ January 1 2 3 4 $ $ February 5 6 7 8 $ $ March 9 10 11 12 $ $ April 13 14 15 16 $ $ May 17 18 19 20 21 $ $ June 22 23 24 25 $ $ July 26 27 28 29 30 $ $ August 31 32 33 34 35 $ $ September 36 37 38 39
52 WEEK INCOME PROFILE Number of Units: 0 Estimated Income Rental Period Contracted Income Month Week No. $ $ October 40 41 42 43 $ $ November 44 45 46 47 $ $ December 48 49 50 51 52 $ $ $ Profile Total
Project Updated: 11/15/17 PROPERTY PERFORMANCE 1st/yr Startup Cost/Net Projecting Year 1 Year 2 Year 3 Year 4 Year 5 Year 10 Year 15 Year 20 Estimated Gross Income: $ 52,800.00 $ 52,800.00 $ 55,440.00 $ 58,212.00 $ 61,122.60 $ 64,178.73 $ 81,910.13 $ 104,540.39 $ 133,422.97 Other Income: $ $ $ $ $ $ $ $ $ 1st Year NonRental Income: $ (13,200.00) Total Gross Income: $ 39,600.00 $ 52,800.00 $ 55,440.00 $ 58,212.00 $ 61,122.60 $ 64,178.73 $ 81,910.13 $ 104,540.39 $ 133,422.97 Vacancy Allowance: $ (2,640.00) $ (2,640.00) $ (2,772.00) $ (2,910.60) $ (3,056.13) $ (3,208.94) $ (4,095.51) $ (5,227.02) $ (6,671.15) Gross Operating Income: $ 36,960.00 $ 50,160.00 $ 52,668.00 $ 55,301.40 $ 58,066.47 $ 60,969.79 $ 77,814.62 $ 99,313.37 $ 126,751.82 Operating Expenses: $ (20,750.00) $ (20,750.00) $ (20,957.50) $ (21,167.08) $ (21,378.75) $ (21,592.53) $ (22,693.97) $ (23,851.59) $ (25,068.26) Net Operating Income: $ 16,210.00 $ 29,410.00 $ 31,710.50 $ 34,134.33 $ 36,687.72 $ 39,377.26 $ 55,120.65 $ 75,461.78 $ 101,683.56 Mortgage/Debt Service: $ (12,514.95) $ (12,514.95) $ (12,514.95) $ (12,514.95) $ (12,514.95) $ (12,514.95) $ (12,514.95) $ (12,514.95) $ (12,514.95) $ 243,800.00 $ 243,800.00 $ 243,800.00 $ 243,800.00 $ 243,800.00 $ 243,800.00 $ 243,800.00 $ 243,800.00 $ 243,800.00 Cash Flow Before Taxes: $ (248,584.95) $ 16,895.05 $ 19,195.55 $ 21,619.37 $ 24,172.77 $ 26,862.31 $ 42,605.70 $ 62,946.83 $ 89,168.61 Net Cash ROI: $ (248,584.95) $ (229,389.40) $ (207,770.03) $ (183,597.25) $ (156,734.94) Capital Contribution: $ $ $ $ $ Capitalization Rate: 3.8% 6.9% 7.5% 8.1% 8.7% 9.3% 13.0% 17.8% 24.0% Cash on Cash Return: 1.5% 6.9% 7.9% 8.9% 9.9% 11.0% 17.5% 25.8% 36.6% Marginal Tax Bracket: 30% 30% 30% 30% 30% 30% 30% 30% 30% Cash Flow After Taxes: $ (174,009.47) $ 11,826.53 $ 13,436.88 $ 15,133.56 $ 16,920.94 $ 18,803.62 $ 29,823.99 $ 44,062.78 $ 62,418.03 Deductible Loan Interest: $ 8,940.91 $ 8,940.91 $ 8,786.02 $ 8,624.42 $ 8,455.81 $ 8,279.90 $ 7,895.69 $ 6,557.71 $ 4,903.56 Property Equity: $ 308,000.00 $ 318,400.00 $ 329,008.00 $ 339,828.16 $ 350,864.72 $ 362,122.02 $ 421,877.10 $ 487,851.54 $ 560,692.65 Property Market Value: $ 520,000.00 $ 530,400.00 $ 541,008.00 $ 551,828.16 $ 562,864.72 $ 574,122.02 $ 633,877.10 $ 699,851.54 $ 772,692.65 Cost Down Payment: $ 212,000.00 Cost to Purchase: $ 8,480.00 NonFinanced Renovations: $ 31,800.00 Initial Cash Investment: $ 252,280.00
DATA FACTORS Appreciation Rate: 2.00% % Inflation Rate: 1.00% % Rent/Income Increase Per Year: 5.00% % Vacancy / Loss Allowance: 5.00% % Percent Depreciable: 80.00% No. of Years: 27.5 Tax Bracket: 30.00% Capital Gains Rate: 24.00% Property Management: % of Income
Project Updated: 11/15/17 PROPERTY INFORMATION City: State: Zip Code: County: Lot: Block: Legal Description: Project Status: Project Type: Notes: Foreclosure, needs repairs, new kitchen.nice clean neighborhood.good house values on the street. Should sell quick once updated. Number of Units: Total Square Footage: Bedrooms: Baths: Floors: Year Built: Type of Construction: C/O Type: MLS #: Project Type: Condo Conversion: : Short Term Holding : Long Term Holding : Yes : No
CONTACT INFORMATION PROPERTY PURCHASE Broker/Agent: Attention: City: State: Zip: Phone: Fax: Fax Email: Financing: Attention: City: State: Zip: Phone: Fax: Email: Appraiser: Attention: City: State: Zip: Phone: Fax: Email: Termite Company: Attention: City: State: Zip: Phone: Fax: Email: Home Inspection: Attention: City: State: Zip: Phone: Fax: Email: Owner: City: State: Zip: Phone: Fax: Email: Ownership %: Reason For Selling:
CONTACT INFORMATION PROPERTY RESALE Broker/Agent: Attention : City: State: Zip: Phone: Fax: Email: Attorney: Attention: City: State: Zip: Phone: Fax: Email: Accountant: Attention: City: State: Zip: Phone: Fax: Email:
PROPERTY NOTES Date Notes / Decription
SUPPLEMENTAL FINANCING #1 Bank / Creditor: From To From To From To From To From To From To Current Loan Total: $ Date Range: Term/Yrs: 30 Amount: $ $ $ $ $ Rate: 10.00% Notes: Payment Amt./Month $ AM1 #2 Bank / Creditor: From To From To From To From To From To From To Current Loan Total: $ Date Range: Term/Yrs: 30 Amount: $ $ $ $ $ Rate: 10.00% Notes: Payment Amt./Month $ AM2 #3 Bank / Creditor: From To From To From To From To From To From To Current Loan Total: $ Date Range: Term/Yrs: 30 Amount: $ $ $ $ $ $ Rate: 10.00% Notes: Payment Amt./Month $ AM3 #4 Bank / Creditor: From To From To From To From To From To From To Current Loan Total: $ Date Range: Term/Yrs: 30 Amount: $ $ $ $ $ $ Rate: 10.00% Notes: Payment Amt./Month AM4 #5 Bank / Creditor: From To From To From To From To From To From To Current Loan Total: $ Date Range: Term/Yrs: 30 Amount: $ $ $ $ $ Rate: 10.00% Notes: Payment Amt./Month $ AM5 Total 2nd Position(+): Total Payment / Month: $ $
AMORTIZATION 1ST POSITION Loan Information Loan Summary No Extra Extra Payments Payments Loan Amount $ 212,000.00 Monthly Payment $1,042.91 $1,042.91 Annual Interest Rate 4.25% Number of Payments 360 360 Term of Loan (in Years) 30 Total Payments $375,448.52 $375,448.52 Extra Monthly Payment $ Total Interest $163,448.52 $163,448.52 Payoff (in Years) 30.0 Interest Savings Month Payment Interest Cumulative Interest Principal Cumulative Principal Balance Saved Interest $212,000.00 1 1,042.91 750.83 750.83 292.08 292.08 211,707.92 2 1,042.91 749.80 1,500.63 293.11 585.19 211,414.81 0.00 3 1,042.91 748.76 2,249.39 294.15 879.34 211,120.66 4 1,042.91 747.72 2,997.11 295.19 1,174.54 210,825.46 5 1,042.91 746.67 3,743.79 296.24 1,470.78 210,529.22 6 1,042.91 745.62 4,489.41 297.29 1,768.07 210,231.93 7 1,042.91 744.57 5,233.98 298.34 2,066.41 209,933.59 8 1,042.91 743.51 5,977.50 299.40 2,365.80 209,634.20 9 1,042.91 742.45 6,719.95 300.46 2,666.26 209,333.74 10 1,042.91 741.39 7,461.34 301.52 2,967.78 209,032.22 11 1,042.91 740.32 8,201.66 302.59 3,270.38 208,729.62 0.00 12 1,042.91 739.25 8,940.91 303.66 3,574.04 208,425.96 13 1,042.91 738.18 9,679.09 304.74 3,878.77 208,121.23 0.00 14 1,042.91 737.10 10,416.19 305.82 4,184.59 207,815.41 15 1,042.91 736.01 11,152.20 306.90 4,491.49 207,508.51 0.00 16 1,042.91 734.93 11,887.12 307.99 4,799.48 207,200.52 0.00 17 1,042.91 733.84 12,620.96 309.08 5,108.55 206,891.45 18 1,042.91 732.74 13,353.70 310.17 5,418.73 206,581.27 0.00 19 1,042.91 731.64 14,085.34 311.27 5,730.00 206,270.00 20 1,042.91 730.54 14,815.88 312.37 6,042.37 205,957.63 0.00 21 1,042.91 729.43 15,545.31 313.48 6,355.85 205,644.15 0.00 22 1,042.91 728.32 16,273.64 314.59 6,670.44 205,329.56 0.00 23 1,042.91 727.21 17,000.85 315.70 6,986.14 205,013.86 0.00 24 1,042.91 726.09 17,726.94 316.82 7,302.96 204,697.04 0.00 25 1,042.91 724.97 18,451.91 317.94 7,620.91 204,379.09 0.00 26 1,042.91 723.84 19,175.75 319.07 7,939.98 204,060.02 27 1,042.91 722.71 19,898.46 320.20 8,260.18 203,739.82 0.00 28 1,042.91 721.58 20,620.04 321.33 8,581.51 203,418.49 29 1,042.91 720.44 21,340.48 322.47 8,903.98 203,096.02 30 1,042.91 719.30 22,059.78 323.61 9,227.60 202,772.40 31 1,042.91 718.15 22,777.93 324.76 9,552.36 202,447.64 32 1,042.91 717.00 23,494.93 325.91 9,878.27 202,121.73 33 1,042.91 715.85 24,210.78 327.06 10,205.33 201,794.67 0.00 34 1,042.91 714.69 24,925.47 328.22 10,533.56 201,466.44 35 1,042.91 713.53 25,639.00 329.39 10,862.94 201,137.06 36 1,042.91 712.36 26,351.36 330.55 11,193.49 200,806.51 0.00 37 1,042.91 711.19 27,062.55 331.72 11,525.22 200,474.78 0.00 38 1,042.91 710.01 27,772.56 332.90 11,858.12 200,141.88 0.00 39 1,042.91 708.84 28,481.40 334.08 12,192.19 199,807.81 0.00 40 1,042.91 707.65 29,189.05 335.26 12,527.45 199,472.55 0.00 41 1,042.91 706.47 29,895.52 336.45 12,863.90 199,136.10 0.00 42 1,042.91 705.27 30,600.79 337.64 13,201.54 198,798.46 0.00 43 1,042.91 704.08 31,304.87 338.83 13,540.37 198,459.63 0.00 44 1,042.91 702.88 32,007.75 340.03 13,880.41 198,119.59 0.00 45 1,042.91 701.67 32,709.42 341.24 14,221.65 197,778.35 0.00 46 1,042.91 700.47 33,409.88 342.45 14,564.09 197,435.91 0.00 47 1,042.91 699.25 34,109.14 343.66 14,907.75 197,092.25 0.00 48 1,042.91 698.04 34,807.17 344.88 15,252.63 196,747.37 0.00 49 1,042.91 696.81 35,503.98 346.10 15,598.73 196,401.27 0.00 50 1,042.91 695.59 36,199.57 347.32 15,946.06 196,053.94 0.00 51 1,042.91 694.36 36,893.93 348.55 16,294.61 195,705.39 0.00 52 1,042.91 693.12 37,587.05 349.79 16,644.40 195,355.60 0.00 53 1,042.91 691.88 38,278.94 351.03 16,995.43 195,004.57 0.00 54 1,042.91 690.64 38,969.58 352.27 17,347.70 194,652.30 0.00 55 1,042.91 689.39 39,658.97 353.52 17,701.22 194,298.78 0.00 56 1,042.91 688.14 40,347.11 354.77 18,055.99 193,944.01 0.00 57 1,042.91 686.89 41,034.00 356.03 18,412.02 193,587.98 0.00 58 1,042.91 685.62 41,719.62 357.29 18,769.31 193,230.69 0.00 59 1,042.91 684.36 42,403.98 358.55 19,127.86 192,872.14 0.00 60 1,042.91 683.09 43,087.07 359.82 19,487.68 192,512.32 0.00
AMORTIZATION 2ND POSITION Loan Information Loan Summary No Extra Extra Payments Payments Loan Amount $ (0) Monthly Payment ($0.00) ($0.00) Annual Interest Rate 7.00% Number of Payments 360 360 Term of Loan (in Years) 30 Total Payments ($0.01) ($0.01) Extra Monthly Payment $ Total Interest ($0.00) #NUM! Month Payment Interest Cumulative Interest Principal Payoff (in Years) 30.0 Interest Savings #NUM! Cumulative Principal Balance Saved Interest ($0.00) 1 0.00 0.00 0.00 0.00 0.00 0.00 2 0.00 0.00 0.00 0.00 0.00 0.00 3 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 4 0.00 0.00 0.00 0.00 0.00 0.00 5 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 6 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 7 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 8 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 9 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 10 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 11 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 12 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 13 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 14 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 15 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 16 0.00 0.00 0.00 0.00 0.00 0.00 17 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 18 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 19 0.00 0.00 0.00 0.00 0.00 0.00 (0.00) 20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21 0.00 0.00 0.00 0.00 0.00 0.00 22 0.00 0.00 0.00 0.00 0.00 0.00 23 0.00 0.00 0.00 0.00 0.00 0.00 24 0.00 0.00 0.00 0.00 0.00 0.00 25 0.00 0.00 0.00 0.00 0.00 0.00 26 0.00 0.00 0.00 0.00 0.00 0.00 27 0.00 0.00 0.00 0.00 0.00 0.00 28 0.00 0.00 0.00 0.00 0.00 0.00 0.00 29 0.00 0.00 0.00 0.00 0.00 0.00 30 0.00 0.00 0.00 0.00 0.00 0.00 31 0.00 0.00 0.00 0.00 0.00 0.00 32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 33 0.00 0.00 0.00 0.00 0.00 0.00 0.00 34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 36 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37 0.00 0.00 0.00 0.00 0.00 0.00 0.00 38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 39 0.00 0.00 0.00 0.00 0.00 0.00 0.00 40 0.00 0.00 0.00 0.00 0.00 0.00 0.00 41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 43 0.00 0.00 0.00 0.00 0.00 0.00 0.00 44 0.00 0.00 0.00 0.00 0.00 0.00 0.00 45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 46 0.00 0.00 0.00 0.00 0.00 0.00 0.00 47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 48 0.00 0.00 0.00 0.00 0.00 0.00 0.00 49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 51 0.00 0.00 0.00 0.00 0.00 0.00 0.00 52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 54 0.00 0.00 0.00 0.00 0.00 0.00 0.00 55 0.00 0.00 0.00 0.00 0.00 0.00 0.00 56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 57 0.00 0.00 0.00 0.00 0.00 0.00 0.00 58 0.00 0.00 0.00 0.00 0.00 0.00 0.00 59 0.00 0.00 0.00 0.00 0.00 0.00 0.00 60 0.00 0.00 0.00 0.00 0.00 0.00 0.00