Rent vs. Own Analysis

Rent vs. Own Analysis Initial Assumptions After-tax rate of return on investments Marginal Federal tax rate Estimated annual appreciation of home Estimated purchase price of home 5% Down payment on home Estimated closing costs (3%) Monthly rent paid currently Cost of Renting Annual rent Renter's annual insurance premium Total annual cost of renting Cost of Buying Mortgage loan amount Annual interest rate (LPMI loan program) Term of mortgage (years) Property taxes Homeowner's insurance Maintenance/HOA/Condo Fees Monthly mortgage payment (PITI & HOA) Annual mortgage payment Opportunity cost of buying (If you kept downpayment & closing costs in bank) Total cost of home ownership Less Adjustments: Principal reduction in mortgage Tax savings of interest deductions Tax savings of property tax Total adjustments Annual after-tax cost of home ownership Final Break-down: Estimated annual appreciation in value of home Net annual cost of home ownership 1.00% 25.00% 2.00% $400,000 $20,000 $12,000 $2,700 $32,400 $400 $32,800 $380,000 4.625% 30 $4,320 $700 $0 $2,372 $28,465 $320 $28,785 $10,183 $4,570 $1,080 $15,833 $12,951 $8,000 $4,951 Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates terms and conditions are subject to change without notice

Mortgage Qualification Worksheet Income Annual Income Monthly Income Salary or wages $75,000.00 $6,250.00 Other salary or wages $50,000.00 $4,166.67 Rental income $0.00 $0.00 Investment income $0.00 $0.00 Additional income $0.00 $0.00 Total Income $125,000.00 $10,416.67 Second Qualifying Number Long-Term Debts Monthly Debt Balance $10,416.67 Car loan payments $1,000.00 $34,000.00 x 0.45 = $4,687.50 Credit card payments $250.00 $3,500.00 (Debt) = $1,250.00 Other loan payment $0.00 $0.00 $3,437.50 Other loan payment $0.00 $0.00 Total Debts $1,250.00 $37,500.00 Qualifying The first qualifying number (above right) calculates your maximum monthly payment, assuming you have no long-term debt. It is computed by multiplying your total income by your housing cost ratio and dividing the result by 12. The second qualifying number takes into account your monthly debt payments, applying your total debt service ratio. Mortgage companies usually qualify you for monthly payments that are no higher than the lesser of the two results. By default, this worksheet assumes a housing cost ratio of 0.35 and a total debt service ratio of 0.45, which are standards often used for conventional mortgages. If different ratios apply in your case, change the values in the cells below. Housing cost ratio Total debt service ratio You may qualify for monthly payments of 0.00 0.45 $3,437.50 Loan The table below calculates the amount of a loan you might qualify for with the monthly payment shown above. Depending on the circumstances, some or all of the following will be true: In all cases, your monthly payment will include principal and interest payments. In most cases, it will include a monthly escrow deposit to cover taxes and mortgage insurance, if any. In some cases, homeowner's insurance is also included in this calculation. If you are buying a condominium or co-op unit, the monthly payment figure may also include your homeowner's dues and/or maintenance fees. You will need to estimate these monthly costs and type them into the appropriate cells below. Important: This worksheet provides a rough estimate for conventional, fixed-term mortgages. Loan terms vary depending on type of mortgage and lender policies. Consult a professional lender for exact data. Total monthly payment allowed at 45% DTI $3,437.50 Estimated monthly tax payment $400.00 Homeowner's insurance, if applicable $75.00 Homeowner's dues and other fees, if any $50.00 Mortgage Insurance Premium (see MIP/PMI factors) $0.00 Annual interest rate (e.g., 7.125) 4.875% Duration of loan (in months) 360 Monthly principal + interest payment $2,912.50 Maximum loan amount $550,350.48

What's The Right Loan Program For You? Conventional Conventional Conventional Regular FHA BPMI Monthly BPMI Single LPMI Single Sales Price $400,000 $400,000 $400,000 $400,000 Down Payment (percentage) 3.5% 5.0% 5.0% 5.0% Down Payment $14,000 $20,000 $20,000 $20,000 Annual Real Estate Taxes $4,320 $4,320 $4,320 $4,320 Home Owners Ins. (Annual) $700 $700 $700 $700 HOA or Condo Fee $0 $0 $0 $0 Combined Loan To Value 96.5% 95.0% 95.0% 95.0% Mortgage Loan $392,755 $380,000 $380,000 $380,000 MI Factor (Monthly or Single) 1.35% 0.85% 1.75% 1.75% Mortgage Term 30 Yr Fixed 30 Yr Fixed 30 Yr Fixed 30 Yr Fixed Mortgage Rate 4.000% 4.250% 4.250% 4.750% Estimated Closing Costs $12,000 $12,000 $12,000 $12,000 Single MI Premium $0 $0 $6,650 $0 Total Cash to Close $26,000 $32,000 $38,650 $32,000 Principal & Interest $1,875 $1,869 $1,869 $1,982 Monthly Real Estate Taxes $360 $360 $360 $360 Monthly Homeowner's Ins. $58 $58 $58 $58 HOA or Condo Fee $0 $0 $0 $0 Private Mortgage Insurance $442 $269 $0 $0 Total Monthly Payment $ 2,735 $ 2,557 $ 2,288 $ 2,401 To learn more about the programs above, and additional programs, financing, please contact me at the number listed below. Actual APR, Annual Percentage Rate may be slightly higher. Rates are subject to change without notice. Not everyone will qualify for the programs listed above. Please apply online at www.kirneylending.com

Purchase Price $ 400,000 Initial Down Payment 20.0% 80,000 Base Scenario 1 Scenario 2 Scenario 3 Total Loan : $ 320,000 Interest Rate: 4.375% 3.875% 3.750% 3.625% EXTRA Down Payment 3,000 Discount Points: 0.000% 0.500% 1.250% 3.500% ONLY CHANGE BLUE CELLS! Initial Loan Additional Down Payment New Loan Base Loan Scenario Scenario 1 Discount Points Principal & Interest Monthly Savings Total Cost Break-Even (Years) Initial Loan Additional Down Payment New Loan Discount Points Principal & Interest Monthly Savings Total Cost Break-Even (Years) 320,000-320,000-1,598 $ - - - 320,000-320,000 1,600 1,505 $ 93 1,600 1.43 320,000 3,000 317,000-1,583 $ 15 3,000 16.69 320,000 3,000 317,000 1,585 1,491 $ 107 4,585 3.57 320,000 6,000 314,000-1,568 $ 30 6,000 16.69 320,000 6,000 314,000 1,570 1,477 $ 121 7,570 5.21 320,000 9,000 311,000-1,553 $ 45 9,000 16.69 320,000 9,000 311,000 1,555 1,462 $ 135 10,555 6.50 320,000 12,000 308,000-1,538 $ 60 12,000 16.69 320,000 12,000 308,000 1,540 1,448 $ 149 13,540 7.55 320,000 15,000 305,000-1,523 $ 75 15,000 16.69 320,000 15,000 305,000 1,525 1,434 $ 163 16,525 8.42 320,000 18,000 302,000-1,508 $ 90 18,000 16.69 320,000 18,000 302,000 1,510 1,420 $ 178 19,510 9.15 320,000 21,000 299,000-1,493 $ 105 21,000 16.69 320,000 21,000 299,000 1,495 1,406 $ 192 22,495 9.78 320,000 24,000 296,000-1,478 $ 120 24,000 16.69 320,000 24,000 296,000 1,480 1,392 $ 206 25,480 10.32 320,000 27,000 293,000-1,463 $ 135 27,000 16.69 320,000 27,000 293,000 1,465 1,378 $ 220 28,465 10.79 320,000 30,000 290,000-1,448 $ 150 30,000 16.69 320,000 30,000 290,000 1,450 1,364 $ 234 31,450 11.20 320,000 33,000 287,000-1,433 $ 165 33,000 16.69 320,000 33,000 287,000 1,435 1,350 $ 248 34,435 11.56 320,000 36,000 284,000-1,418 $ 180 36,000 16.69 320,000 36,000 284,000 1,420 1,335 $ 262 37,420 11.89 320,000 39,000 281,000-1,403 $ 195 39,000 16.69 320,000 39,000 281,000 1,405 1,321 $ 276 40,405 12.18 320,000 42,000 278,000-1,388 $ 210 42,000 16.69 320,000 42,000 278,000 1,390 1,307 $ 290 43,390 12.45 320,000 45,000 275,000-1,373 $ 225 45,000 16.69 320,000 45,000 275,000 1,375 1,293 $ 305 46,375 12.69 320,000 48,000 272,000-1,358 $ 240 48,000 16.69 320,000 48,000 272,000 1,360 1,279 $ 319 49,360 12.91 320,000 51,000 269,000-1,343 $ 255 51,000 16.69 320,000 51,000 269,000 1,345 1,265 $ 333 52,345 13.11 320,000 54,000 266,000-1,328 $ 270 54,000 16.69 320,000 54,000 266,000 1,330 1,251 $ 347 55,330 13.29 320,000 57,000 263,000-1,313 $ 285 57,000 16.69 320,000 57,000 263,000 1,315 1,237 $ 361 58,315 13.46 320,000 60,000 260,000-1,298 $ 300 60,000 16.69 320,000 60,000 260,000 1,300 1,223 $ 375 61,300 13.62 320,000 63,000 257,000-1,283 $ 315 63,000 16.69 320,000 63,000 257,000 1,285 1,209 $ 389 64,285 13.76 320,000 66,000 254,000-1,268 $ 330 66,000 16.69 320,000 66,000 254,000 1,270 1,194 $ 403 67,270 13.90 320,000 69,000 251,000-1,253 $ 345 69,000 16.69 320,000 69,000 251,000 1,255 1,180 $ 417 70,255 14.03 320,000 72,000 248,000-1,238 $ 359 72,000 16.69 320,000 72,000 248,000 1,240 1,166 $ 432 73,240 14.14 320,000 75,000 245,000-1,223 $ 374 75,000 16.69 320,000 75,000 245,000 1,225 1,152 $ 446 76,225 14.25

Initial Loan Additional Down Payment New Loan Scenario 2 Scenario 3 Discount Points Principal & Interest Monthly Savings Total Cost Break-Even (Years) Initial Loan Additional Down Payment New Loan Discount Points Principal & Interest Monthly Savings Total Cost Break-Even (Years) 320,000-320,000 4,000 1,482 $ 116 4,000 2.88 320,000-320,000 11,200 1,459 $ 138 11,200 6.75 320,000 3,000 317,000 3,963 1,468 $ 130 6,963 4.48 320,000 3,000 317,000 11,095 1,446 $ 152 14,095 7.73 320,000 6,000 314,000 3,925 1,454 $ 144 9,925 5.76 320,000 6,000 314,000 10,990 1,432 $ 166 16,990 8.54 320,000 9,000 311,000 3,888 1,440 $ 157 12,888 6.82 320,000 9,000 311,000 10,885 1,418 $ 179 19,885 9.24 320,000 12,000 308,000 3,850 1,426 $ 171 15,850 7.71 320,000 12,000 308,000 10,780 1,405 $ 193 22,780 9.83 320,000 15,000 305,000 3,813 1,413 $ 185 18,813 8.46 320,000 15,000 305,000 10,675 1,391 $ 207 25,675 10.35 320,000 18,000 302,000 3,775 1,399 $ 199 21,775 9.11 320,000 18,000 302,000 10,570 1,377 $ 220 28,570 10.80 320,000 21,000 299,000 3,738 1,385 $ 213 24,738 9.68 320,000 21,000 299,000 10,465 1,364 $ 234 31,465 11.20 320,000 24,000 296,000 3,700 1,371 $ 227 27,700 10.17 320,000 24,000 296,000 10,360 1,350 $ 248 34,360 11.55 320,000 27,000 293,000 3,663 1,357 $ 241 30,663 10.61 320,000 27,000 293,000 10,255 1,336 $ 261 37,255 11.87 320,000 30,000 290,000 3,625 1,343 $ 255 33,625 11.00 320,000 30,000 290,000 10,150 1,323 $ 275 40,150 12.16 320,000 33,000 287,000 3,588 1,329 $ 269 36,588 11.35 320,000 33,000 287,000 10,045 1,309 $ 289 43,045 12.42 320,000 36,000 284,000 3,550 1,315 $ 282 39,550 11.67 320,000 36,000 284,000 9,940 1,295 $ 303 45,940 12.65 320,000 39,000 281,000 3,513 1,301 $ 296 42,513 11.95 320,000 39,000 281,000 9,835 1,282 $ 316 48,835 12.87 320,000 42,000 278,000 3,475 1,287 $ 310 45,475 12.21 320,000 42,000 278,000 9,730 1,268 $ 330 51,730 13.07 320,000 45,000 275,000 3,438 1,274 $ 324 48,438 12.45 320,000 45,000 275,000 9,625 1,254 $ 344 54,625 13.25 320,000 48,000 272,000 3,400 1,260 $ 338 51,400 12.67 320,000 48,000 272,000 9,520 1,240 $ 357 57,520 13.42 320,000 51,000 269,000 3,363 1,246 $ 352 54,363 12.87 320,000 51,000 269,000 9,415 1,227 $ 371 60,415 13.57 320,000 54,000 266,000 3,325 1,232 $ 366 57,325 13.06 320,000 54,000 266,000 9,310 1,213 $ 385 63,310 13.72 320,000 57,000 263,000 3,288 1,218 $ 380 60,288 13.23 320,000 57,000 263,000 9,205 1,199 $ 398 66,205 13.85 320,000 60,000 260,000 3,250 1,204 $ 394 63,250 13.39 320,000 60,000 260,000 9,100 1,186 $ 412 69,100 13.98 320,000 63,000 257,000 3,213 1,190 $ 408 66,213 13.54 320,000 63,000 257,000 8,995 1,172 $ 426 71,995 14.09 320,000 66,000 254,000 3,175 1,176 $ 421 69,175 13.68 320,000 66,000 254,000 8,890 1,158 $ 439 74,890 14.20 320,000 69,000 251,000 3,138 1,162 $ 435 72,138 13.81 320,000 69,000 251,000 8,785 1,145 $ 453 77,785 14.31 320,000 72,000 248,000 3,100 1,149 $ 449 75,100 13.93 320,000 72,000 248,000 8,680 1,131 $ 467 80,680 14.41 320,000 75,000 245,000 3,063 1,135 $ 463 78,063 14.05 320,000 75,000 245,000 8,575 1,117 $ 480 83,575 14.50

Simple Mortgage Amortization Inputs Loan principal amount Annual interest rate Loan period in years Base year of loan Base month of loan Key Figures $350,000.00 Annual loan payments $21,280.80 4.500% Monthly payments $1,773.40 30 Interest in first calendar year $14,341.36 2014 Interest over term of loan $288,424.00 February Sum of all payments $638,424.00 Payments in First 12 Months Year Month Beginning Cumulative Cumulative Ending Payment Principal Interest Balance Principal Interest Balance Feb $350,000.00 $1,773.40 $460.90 $1,312.50 $460.90 $1,312.50 $349,539.10 Mar $349,539.10 $1,773.40 $462.63 $1,310.77 $923.53 $2,623.27 $349,076.47 Apr $349,076.47 $1,773.40 $464.36 $1,309.04 $1,387.89 $3,932.31 $348,612.11 May $348,612.11 $1,773.40 $466.10 $1,307.30 $1,853.99 $5,239.61 $348,146.01 Jun $348,146.01 $1,773.40 $467.85 $1,305.55 $2,321.84 $6,545.16 $347,678.16 Jul $347,678.16 $1,773.40 $469.61 $1,303.79 $2,791.45 $7,848.95 $347,208.55 Aug $347,208.55 $1,773.40 $471.37 $1,302.03 $3,262.82 $9,150.98 $346,737.18 Sep $346,737.18 $1,773.40 $473.14 $1,300.26 $3,735.96 $10,451.24 $346,264.04 Oct $346,264.04 $1,773.40 $474.91 $1,298.49 $4,210.87 $11,749.73 $345,789.13 Nov $345,789.13 $1,773.40 $476.69 $1,296.71 $4,687.56 $13,046.44 $345,312.44 Dec $345,312.44 $1,773.40 $478.48 $1,294.92 $5,166.04 $14,341.36 $344,833.96 2015 Jan $344,833.96 $1,773.40 $480.27 $1,293.13 $5,646.31 $15,634.49 $344,353.69 Yearly Schedule of Balances and Payments Year Beginning Cumulative Cumulative Ending Payment Principal Interest Balance Principal Interest Balance 2015 $344,833.96 $21,280.80 $5,883.33 $15,397.47 $11,049.37 $29,738.83 $338,950.63 2016 $338,950.63 $21,280.80 $6,153.92 $15,126.88 $17,203.29 $44,865.71 $332,796.71 2017 $332,796.71 $21,280.80 $6,436.63 $14,844.17 $23,639.92 $59,709.88 $326,360.08 2018 $326,360.08 $21,280.80 $6,732.32 $14,548.48 $30,372.24 $74,258.36 $319,627.76 2019 $319,627.76 $21,280.80 $7,041.61 $14,239.19 $37,413.85 $88,497.55 $312,586.15 2020 $312,586.15 $21,280.80 $7,365.10 $13,915.70 $44,778.94 $102,413.26 $305,221.06 2021 $305,221.06 $21,280.80 $7,703.45 $13,577.35 $52,482.39 $115,990.61 $297,517.61 2022 $297,517.61 $21,280.80 $8,057.34 $13,223.46 $60,539.73 $129,214.07 $289,460.27 2023 $289,460.27 $21,280.80 $8,427.50 $12,853.30 $68,967.23 $142,067.37 $281,032.77 2024 $281,032.77 $21,280.80 $8,814.65 $12,466.15 $77,781.88 $154,533.52 $272,218.12 2025 $272,218.12 $21,280.80 $9,219.60 $12,061.20 $87,001.48 $166,594.72 $262,998.52 2026 $262,998.52 $21,280.80 $9,643.14 $11,637.66 $96,644.62 $178,232.38 $253,355.38 2027 $253,355.38 $21,280.80 $10,086.15 $11,194.65 $106,730.77 $189,427.03 $243,269.23 2028 $243,269.23 $21,280.80 $10,549.50 $10,731.30 $117,280.27 $200,158.33 $232,719.73 2029 $232,719.73 $21,280.80 $11,034.15 $10,246.65 $128,314.42 $210,404.98 $221,685.58 2030 $221,685.58 $21,280.80 $11,541.05 $9,739.75 $139,855.47 $220,144.73 $210,144.53 2031 $210,144.53 $21,280.80 $12,071.25 $9,209.55 $151,926.72 $229,354.28 $198,073.28 2032 $198,073.28 $21,280.80 $12,625.80 $8,655.00 $164,552.51 $238,009.29 $185,447.49 2033 $185,447.49 $21,280.80 $13,205.82 $8,074.98 $177,758.34 $246,084.26 $172,241.66 2034 $172,241.66 $21,280.80 $13,812.50 $7,468.30 $191,570.84 $253,552.56 $158,429.16 2035 $158,429.16 $21,280.80 $14,447.04 $6,833.76 $206,017.88 $260,386.32 $143,982.12 2036 $143,982.12 $21,280.80 $15,110.74 $6,170.06 $221,128.61 $266,556.39 $128,871.39 2037 $128,871.39 $21,280.80 $15,804.92 $5,475.88 $236,933.53 $272,032.27 $113,066.47 2038 $113,066.47 $21,280.80 $16,531.00 $4,749.80 $253,464.53 $276,782.07 $96,535.47 2039 $96,535.47 $21,280.80 $17,290.43 $3,990.37 $270,754.96 $280,772.44 $79,245.04 2040 $79,245.04 $21,280.80 $18,084.75 $3,196.05 $288,839.70 $283,968.50 $61,160.30 2041 $61,160.30 $21,280.80 $18,915.56 $2,365.24 $307,755.26 $286,333.74 $42,244.74 2042 $42,244.74 $21,280.80 $19,784.53 $1,496.27 $327,539.79 $287,830.01 $22,460.21 2043 $22,460.21 $21,280.80 $20,693.43 $587.37 $348,233.23 $288,417.37 $1,766.77 2044 $1,766.77 $1,773.40 $1,766.77 $6.63 $350,000.00 $288,424.00 $0.00

Estimate of Seller s Equity SELLING PRICE $400,000.00 Less: Mortgage Balance $240,000.00 NET BEFORE EXPENSES $160,000.00 Grantor's Tax $400.00 Congestion Relief Tax $600.00 HOA Documents $0.00 Title Charges $1,500.00 Prorated RE Taxes $0.00 Seller Paid Closing Costs $5,000.00 Miscellaneous $0.00 Agent Brokerage Fees $24,000.00 TOTAL CLOSING EXPENSES $31,500.00 SELLER S ESTIMATED EQUITY* $128,500.00 *The figures shown are preliminary estimates for planning purposes only. Actual costs will be shown in a Closing Statement prepared and approved by your attorney. Other costs not shown here may be incurred by you. Usual prorations will be made at closing for real estate taxes, etc., as specified in the Sales Contract.

$400,000 Purchase $380,000 Loan 95% LTV PMI Rate P&I Factor Monthly PMI Total Payment Monthly 4.500% $1,925.40 0.60% $190.00 $2,115.40 Split 4.625% $1,935.73 1.00% $104.50 $2,058.23 Lender PMI 4.875% $2,011.00 2.02% $0.00 $2,011.00 Points Rate Origination Fee Points Cost Payment Time to Breakeven 4.875% 0.00% -2.02% -$7,676 $2,011.00 n/a 4.625% 0.00% -1.00% -$3,800 $1,953.73 n/a 4.500% 0.00% 0.00% $0 $1,925.40 0 4.375% 0.00% 1.00% $3,800 $1,897.28 11.2 years

Investment Property Loan Comparison Prepared exclusively for: Property Address: John Smith 123 TBD Street, Leesburg, VA 20175 Cash Flows & Acquisition Costs 30 yr fixed 20% Down 30 yr fixed 25% Down 15 yr fixed 20% Down Value of Property $300,000.00 $300,000.00 $300,000.00 Down Payment % 20.00% 25.00% 20.00% Mortgage Balance $240,000.00 $225,000.00 $240,000.00 Interest Rate 4.875% 4.750% 4.000% Term 360 360 180 Mortgage Payment $1,270.10 $1,173.71 $1,775.25 Points 0.000% 0.000% 0.000% Closing Costs $9,000 $9,000 $9,000 Total Points & Costs $9,000.00 $9,000.00 $9,000.00 Monthly Taxes & Expenses $450.00 $450.00 $450.00 Management Fees $220.00 $220.00 $220.00 Gross Monthly Rent $2,200.00 $2,200.00 $2,200.00 Net Monthly Cash Flow (PMT): $479.90 $576.29 $25.25 Cash Needed to Close (PV): $69,000.00 $84,000.00 $69,000.00 Internal Rate of Return (IRR) 30 yr fixed 20% Down 30 yr fixed 25% Down 15 yr fixed 20% Down Annual Rate of Appreciation 2.000% 2.000% 2.000% Holding Period (months) (N) 60 60 60 Sales Price of Property $331,224 $331,224 $331,224 Sales Expenses % 8% 8% 8% Sales Expenses $ $26,498 $26,498 $26,498 Mortgage Pay off $219,995 $205,871 $175,342 Net Proceeds from Sale (FV) $84,731 $98,855 $129,384 Internal Rate of Return (IRR): 11.72% 10.91% 12.31% Return on Investmnet (ROI): 8.35% 8.23% 0.44% Presented by:

BLENDED RATE CALCULATION ENTER INTEREST RATES, TERMS & LOAN AMOUNTS FOR BOTH MORTGAGES MORTGAGE A MORTGAGE B Interest Rate 4.500% Interest Rate 6.500% Term (Months) 360 Term (Months) 360 Loan $250,000 Loan $25,000 Monthly Payment $1,266.713 $1,266.72 Monthly Payment $158.017 $158.02 BLENDED RATE 4.682% Monthly Current Loan Monthly Current Loan Month Payment Interest Principal Balance Month Payment Interest Principal Balance 1 $1,266.72 $937.50 $329.22 $249,670.78 1 $158.02 $135.42 $22.60 $24,977.40 2 1266.72 936.27 330.45 249340.33 2 158.02 135.29 22.73 24,954.67 3 1266.72 935.03 331.69 249008.63 3 158.02 135.17 22.85 24,931.82 4 1266.72 933.78 332.94 248675.69 4 158.02 135.05 22.97 24,908.85 5 1266.72 932.53 334.19 248341.51 5 158.02 134.92 23.10 24,885.75 6 1266.72 931.28 335.44 248006.07 6 158.02 134.80 23.22 24,862.53 7 1266.72 930.02 336.70 247669.37 7 158.02 134.67 23.35 24,839.18 8 1266.72 928.76 337.96 247331.41 8 158.02 134.55 23.47 24,815.71 9 1266.72 927.49 339.23 246992.18 9 158.02 134.42 23.60 24,792.11 10 1266.72 926.22 340.50 246651.68 10 158.02 134.29 23.73 24,768.38 11 1266.72 924.94 341.78 246309.91 11 158.02 134.16 23.86 24,744.52 12 1266.72 923.66 343.06 245966.85 12 158.02 134.03 23.99 24,720.53 13 1266.72 922.38 344.34 245622.51 13 158.02 133.90 24.12 24,696.41 14 1266.72 921.08 345.64 245276.87 14 158.02 133.77 24.25 24,672.17 15 1266.72 919.79 346.93 244929.94 15 158.02 133.64 24.38 24,647.79

Analyzing Waiting To Buy In A Declining Market When Interest Rates Are Rising % Decline = 5% TODAY 12 Months Cost of a Home $400,000 $380,000 % Down Payment 5% 5% Interest Rates 4.50% 5.50% Payment 30Yr Fixed $1,925 $2,050 If you Purchase NOW... Monthly Savings or (Payment Increase) $124 Annual Savings or (Payment Increase) $1,492 Life of Loan Savings or (Payment Increase) $44,753