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3 Canvas Purchase price $2.000,000 LTV = 85% Index rate-one-year Treasury yield (currently 1.78%) Margin 250 basis points Amortization 30 year with monthly payments and

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3 Canvas Purchase price $2.000,000 LTV = 85% Index rate-one-year Treasury yield (currently 1.78%) Margin 250 basis points Amortization 30 year with monthly payments and compounding Annual Cap 2.5 percentage points Lifetime cap 4.0 percentage points Teaser rate . 1.5% Adjustment period . Annually 33) If the yield on one-year Treasuries increases to 6.85% during the second year, what will your payment be during the third | year of the loan? $15,375.65 $12.530.42 $10.895.32 $8.265.21

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