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Results of Your Mortgage Calculation 200401'724 Results of Your Mortgage Calculation For the values you entered: • Principal= $30000 • Interest Rate= 2.00% • Amortization Period= 4 years • Starting month= Jan • Starting year= 2004 • Monthly Pre - payment= $0 • Annual Pre - payment= $ 0.00 Your monthly payment will be $ 650.85 The following mortgage would result for 2004: • Jan: Principal: $ 600.85 Interest: $ 50.00 Balance: $ 29399.15 • Feb: Principal: $ 601.86 Interest: $ 49.00 Balance: $ 28797.29 • Mar: Principal: $ 602.86 Interest: $ 48.00 Balance: $ 28194.43 • Apr: Principal: $ 603.86 Interest: $ 46.99 Balance: $ 27590.57 • May: Principal: $ 604.87 Interest: $ 45.98 Balance: $ 26985.70 • Jun: Principal: $ 605.88 Interest: $ 44.98 Balance: $ 26379.82 • Jul: Principal: $ 606.89 Interest: $ 43.97 Balance: $ 25772.94 • Aug: Principal: $ 607.90 Interest: $ 42.95 Balance: $ 25165.04 • Sep: Principal: $ 608.91 Interest: $ 41.94 Balance: $ 24556.12 • Oct: Principal: $ 609.93 Interest: $ 40.93 Balance: $ 23946.20 • Nov: Principal: $ 610.94 Interest: $ 39.91 Balance: $ 23335.25 • Dec: Principal: $ 611.96 Interest: $ 38.89 Balance: $ 22723.29 And for the rest of the term: • FOR 2004: Interest= $ 533.54 Principal= $ 7276.71 Balance= $ 22723.29 For Calendar Year 2005 (Year 2, 3 left) • Jan: Principal: $ 612.98 • Feb: Principal: $ 614.00 • Mar: Principal: $ 615.03 • Apr: Principal: $ 616.05 • May: Principal: $ 617.08 • Jun: Principal: $ 618.11 Interest: $ 37.87 Interest: $ 36.85 Interest: $ 35.83 Interest: $ 34.80 Interest: $ 33.78 Interest: $ 32.75 Balance: $ 22110.31 Balance: $ 21496.31 Balance: $ 20881.28 Balance: $ 20265.23 Balance: $ 19648.15 Balance: $ 19030.05 http: / /www. hsh. com /cgi- bin /flap. cgi ?prin = 30000 &int = 2.00 &term =4& strt= Jan &stry=2004 Page 1 of 3 12/3/2003