Financing Options - All loans have $1,800 in additional closing costs, in addition to lenders points, and maximum LTV of 75%. (Use 75% LTV for all calculations)

3) 25 Year loan - 1 Year Arm tied to the 10 year U.S. Treasury bond. Rate calculated as 10 year treasury rate + 1.0%. Current Treasury rate = 1.1% (current rate is 2.1%, which is 1.1 + 1.0.) Caps of 2/10. Bank fees: 2.6 points

Loan Amount: $211,331.25

Adjustable Rate Loan N I/Y PV Pmt FV 25 Loan Amount: Loan Term (In Years): First Year Int. Rate: Second Year Int. Rate Third Year Int. Rate Fourth Year Int. Rate Fifth Year Int. Rate Points: Closing Costs: Paid off in: 5 Years Loan Exp. As Needed Avarage Rate Lender's Yield Borrower's Cost CF/F CFO Average Rate Lender's Yield Borrower's Cost Monthly: Annual: Adjustable Rate Loan N I/Y PV Pmt FV 25 Loan Amount: Loan Term (In Years): First Year Int. Rate: Second Year Int. Rate Third Year Int. Rate Fourth Year Int. Rate Fifth Year Int. Rate Points: Closing Costs: Paid off in: 5 Years Loan Exp. As Needed Avarage Rate Lender's Yield Borrower's Cost CF/F CFO Average Rate Lender's Yield Borrower's Cost Monthly: Annual