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WHAT WOULD MY LOAN PAYMENTS BE?

Date: June 17, 2013

INTRODUCTION
The loan amount, the interest rate, and the term of the loan can have a dramatic effect on the total amount you will eventually pay on a loan. Use our loan payment calculator to determine the payment and see the impact of these variables on a specified loan amount complete with an amortization schedule.

ANALYSIS
Your estimated monthly payments are $23,558 and you will pay $104,390 in interest over the life of the loan.

Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22

Beginning Balance $555,241 538,508 521,568 504,421 487,063 469,492 451,704 433,698 415,471 397,019 378,341 359,433 340,293 320,918 301,304 281,449 261,351 241,005 220,409 199,560 178,455 157,090

Interest $6,825 6,619 6,411 6,200 5,987 5,771 5,552 5,331 5,107 4,880 4,650 4,418 4,183 3,945 3,704 3,459 3,212 2,962 2,709 2,453 2,194 1,931

Payment $23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558 23,558

Ending Balance $538,508 521,568 504,421 487,063 469,492 451,704 433,698 415,471 397,019 378,341 359,433 340,293 320,918 301,304 281,449 261,351 241,005 220,409 199,560 178,455 157,090 135,462

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

23 24 25 26 27 28

135,462 113,569 91,407 68,972 46,262 $23,272

1,665 1,396 1,124 848 569 $286

23,558 23,558 23,558 23,558 23,558 $23,558

113,569 91,407 68,972 46,262 23,272 $0

SUMMARY OF INPUT
Loan amount Annual interest rate Term of loan: (months) Desired table display $555,241 14.75% 28 Monthly

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.