1. Assumptions:
Mortgage amount $77,700,000.00
Payments per yea 12
Interest rate 4.27%
Maturity 60
Amortization 360
Payment Balance Payment Interest Principal Year Yearly interest Yearly principal
$77,700,000.00
1 $77,593,334.90 ($383,147.60 ($276,482.50) ($106,665.10) 1 ($3,292,440.18) ($1,305,331.01)
2 $77,486,290.25 ($383,147.60 ($276,102.95) ($107,044.65) 2 ($3,235,598.68) ($1,362,172.51)
3 $77,378,864.70 ($383,147.60 ($275,722.05) ($107,425.55) 3 ($3,176,281.97) ($1,421,489.22)
4 $77,271,056.90 ($383,147.60 ($275,339.79) ($107,807.81) 4 ($3,114,382.27) ($1,483,388.92)
5 $77,162,865.47 ($383,147.60 ($274,956.18) ($108,191.42) 5 ($3,049,787.11) ($72,127,618.34)
6 $77,054,289.07 ($383,147.60 ($274,571.20) ($108,576.40)
7 $76,945,326.32 ($383,147.60 ($274,184.85) ($108,962.75)
8 $76,835,975.84 ($383,147.60 ($273,797.12) ($109,350.48)
9 $76,726,236.25 ($383,147.60 ($273,408.01) ($109,739.59)
10 $76,616,106.18 ($383,147.60 ($273,017.52) ($110,130.08)
11 $76,505,584.22 ($383,147.60 ($272,625.64) ($110,521.95)
12 $76,394,668.99 ($383,147.60 ($272,232.37) ($110,915.23)
13 $76,283,359.09 ($383,147.60 ($271,837.70) ($111,309.90)
14 $76,171,653.11 ($383,147.60 ($271,441.62) ($111,705.98)
15 $76,059,549.65 ($383,147.60 ($271,044.13) ($112,103.47)
16 $75,947,047.28 ($383,147.60 ($270,645.23) ($112,502.37)
17 $75,834,144.59 ($383,147.60 ($270,244.91) ($112,902.69)
18 $75,720,840.15 ($383,147.60 ($269,843.16) ($113,304.43)
19 $75,607,132.54 ($383,147.60 ($269,439.99) ($113,707.61)
20 $75,493,020.33 ($383,147.60 ($269,035.38) ($114,112.22)
21 $75,378,502.06 ($383,147.60 ($268,629.33) ($114,518.27)
22 $75,263,576.29 ($383,147.60 ($268,221.84) ($114,925.76)
23 $75,148,241.59 ($383,147.60 ($267,812.89) ($115,334.71)
24 $75,032,496.48 ($383,147.60 ($267,402.49) ($115,745.11)
25 $74,916,339.51 ($383,147.60 ($266,990.63) ($116,156.97)
26 $74,799,769.22 ($383,147.60 ($266,577.31) ($116,570.29)
27 $74,682,784.14 ($383,147.60 ($266,162.51) ($116,985.09)
28 $74,565,382.78 ($383,147.60 ($265,746.24) ($117,401.36)
29 $74,447,563.67 ($383,147.60 ($265,328.49) ($117,819.11)

2. 30 $74,329,325.31 ($383,147.60 ($264,909.25) ($118,238.35)
31 $74,210,666.23 ($383,147.60 ($264,488.52) ($118,659.08)
32 $74,091,584.92 ($383,147.60 ($264,066.29) ($119,081.31)
33 $73,972,079.88 ($383,147.60 ($263,642.56) ($119,505.04)
34 $73,852,149.59 ($383,147.60 ($263,217.32) ($119,930.28)
35 $73,731,792.56 ($383,147.60 ($262,790.57) ($120,357.03)
36 $73,611,007.26 ($383,147.60 ($262,362.30) ($120,785.30)
37 $73,489,792.16 ($383,147.60 ($261,932.50) ($121,215.10)
38 $73,368,145.74 ($383,147.60 ($261,501.18) ($121,646.42)
39 $73,246,066.46 ($383,147.60 ($261,068.32) ($122,079.28)
40 $73,123,552.78 ($383,147.60 ($260,633.92) ($122,513.68)
41 $73,000,603.15 ($383,147.60 ($260,197.98) ($122,949.62)
42 $72,877,216.03 ($383,147.60 ($259,760.48) ($123,387.12)
43 $72,753,389.86 ($383,147.60 ($259,321.43) ($123,826.17)
44 $72,629,123.07 ($383,147.60 ($258,880.81) ($124,266.79)
45 $72,504,414.10 ($383,147.60 ($258,438.63) ($124,708.97)
46 $72,379,261.38 ($383,147.60 ($257,994.87) ($125,152.73)
47 $72,253,663.32 ($383,147.60 ($257,549.54) ($125,598.06)
48 $72,127,618.34 ($383,147.60 ($257,102.62) ($126,044.98)
49 $72,001,124.85 ($383,147.60 ($256,654.11) ($126,493.49)
50 $71,874,181.25 ($383,147.60 ($256,204.00) ($126,943.60)
51 $71,746,785.95 ($383,147.60 ($255,752.29) ($127,395.30)
52 $71,618,937.33 ($383,147.60 ($255,298.98) ($127,848.62)
53 $71,490,633.78 ($383,147.60 ($254,844.05) ($128,303.55)
54 $71,361,873.69 ($383,147.60 ($254,387.51) ($128,760.09)
55 $71,232,655.42 ($383,147.60 ($253,929.33) ($129,218.27)
56 $71,102,977.35 ($383,147.60 ($253,469.53) ($129,678.07)
57 $70,972,837.85 ($383,147.60 ($253,008.09) ($130,139.50)
58 $70,842,235.26 ($383,147.60 ($252,545.01) ($130,602.58)
59 $70,711,167.95 ($383,147.60 ($252,080.29) ($131,067.31)
60 $70,579,634.26 ($383,147.60 ($251,613.91) ($131,533.69)

3. Assumptions:
Mortgage amount $72,600,000.00
Payments per yea 12
Interest rate 6.18%
Maturity 60
Amortization -
Payment Balance Payment Interest Principal Year Yearly interest Yearly principal
$72,600,000.00
1 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00 1 $ 4,487,175.00 $ -
2 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00 2 $ 4,487,175.00 $ -
3 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00 3 $ 4,487,175.00 $ -
4 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00 4 $ 4,487,175.00 $ -
5 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00 5 $ 4,487,175.00 ($72,600,000.00)
6 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
7 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
8 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
9 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
10 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
11 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
12 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
13 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
14 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
15 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
16 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
17 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
18 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
19 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
20 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
21 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
22 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
23 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
24 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
25 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
26 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
27 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
28 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
29 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
30 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
31 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
32 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
33 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00

4. 34 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
35 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
36 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
37 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
38 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
39 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
40 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
41 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
42 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
43 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
44 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
45 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
46 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
47 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
48 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
49 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
50 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
51 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
52 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
53 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
54 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
55 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
56 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
57 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
58 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
59 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00
60 $72,600,000.00 ($373,931.25) ($373,931.25) $0.00

5. Assumptions:
Mortgage amount 35,600,000
Payments per yea 12
Interest rate 4.236%
Maturity 60
Amortization 360
Payment Balance Payment Interest Principal Year Yearly interest Yearly principal
35,600,000
1 $35,550,829.05 ($174,838.95 ($125,668.0 ($49,170.95) 1 $ (1,496,424.28) $ (601,643.09)
2 $35,501,484.53 ($174,838.95 ($125,494.4 ($49,344.52) 2 $ (1,470,438.01) $ (627,629.36)
3 $35,451,965.83 ($174,838.95 ($125,320.2 ($49,518.71) 3 $ (1,562,346.77) $ (654,738.04)
4 $35,402,272.32 ($174,838.95 ($125,145.4 ($49,693.51) 4 $ (1,534,263.57) $ (683,017.60)
5 $35,352,403.39 ($174,838.95 ($124,970.0 ($49,868.93) 5 ($1,385,548.76) ($33,032,971.92)
6 $35,302,358.43 ($174,838.95 ($124,793.9 ($50,044.96)
7 $35,252,136.81 ($174,838.95 ($124,617.3 ($50,221.62)
8 $35,201,737.90 ($174,838.95 ($124,440.0 ($50,398.90)
9 $35,151,161.09 ($174,838.95 ($124,262.1 ($50,576.81)
10 $35,100,405.74 ($174,838.95 ($124,083.6 ($50,755.35)
11 $35,049,471.23 ($174,838.95 ($123,904.4 ($50,934.52)
12 $34,998,356.91 ($174,838.95 ($123,724.6 ($51,114.31)
13 $34,947,062.16 ($174,838.95 ($123,544.2 ($51,294.75)
14 $34,895,586.35 ($174,838.95 ($123,363.1 ($51,475.82)
15 $34,843,928.82 ($174,838.95 ($123,181.4 ($51,657.53)
16 $34,792,088.94 ($174,838.95 ($122,999.0 ($51,839.88)
17 $34,740,066.07 ($174,838.95 ($122,816.0 ($52,022.87)
18 $34,687,859.55 ($174,838.95 ($122,632.4 ($52,206.51)
19 $34,635,468.75 ($174,838.95 ($122,448.1 ($52,390.80)
20 $34,582,893.01 ($174,838.95 ($122,263.2 ($52,575.74)
21 $34,530,131.67 ($174,838.95 ($122,077.6 ($52,761.33)
22 $34,477,184.09 ($174,838.95 ($121,891.3 ($52,947.58)
23 $34,424,049.60 ($174,838.95 ($121,704.4 ($53,134.49)
24 $34,370,727.55 ($174,838.95 ($121,516.9 ($53,322.05)
25 $34,317,217.27 ($174,838.95 ($121,328.6 ($53,510.28)
26 $34,263,518.10 ($174,838.95 ($121,139.7 ($53,699.17)
27 $34,209,629.37 ($174,838.95 ($120,950.2 ($53,888.73)
28 $34,155,550.42 ($174,838.95 ($120,759.9 ($54,078.96)
29 $34,101,280.56 ($174,838.95 ($120,569.0 ($54,269.85)
30 $34,046,819.14 ($174,838.95 ($120,377.5 ($54,461.43)
31 $33,992,165.46 ($174,838.95 ($120,185.2 ($54,653.68)

6. 32 $33,937,318.86 ($174,838.95 ($119,992.3 ($54,846.60)
33 $33,882,278.65 ($174,838.95 ($119,798.7 ($55,040.21)
34 $33,827,044.14 ($174,838.95 ($119,604.4 ($55,234.50)
35 $33,771,614.66 ($174,838.95 ($119,409.4 ($55,429.48)
36 $33,715,989.51 ($174,838.95 ($119,213.8 ($55,625.15)
37 $33,660,168.01 ($174,838.95 ($119,017.4 ($55,821.50)
38 $33,604,149.45 ($174,838.95 ($118,820.3 ($56,018.55)
39 $33,547,933.15 ($174,838.95 ($118,622.6 ($56,216.30)
40 $33,491,518.41 ($174,838.95 ($118,424.2 ($56,414.74)
41 $33,434,904.52 ($174,838.95 ($118,225.0 ($56,613.89)
42 $33,378,090.79 ($174,838.95 ($118,025.2 ($56,813.73)
43 $33,321,076.50 ($174,838.95 ($117,824.6 ($57,014.29)
44 $33,263,860.96 ($174,838.95 ($117,623.4 ($57,215.55)
45 $33,206,443.44 ($174,838.95 ($117,421.4 ($57,417.52)
46 $33,148,823.24 ($174,838.95 ($117,218.7 ($57,620.20)
47 $33,090,999.63 ($174,838.95 ($117,015.3 ($57,823.60)
48 $33,032,971.92 ($174,838.95 ($116,811.2 ($58,027.72)
49 $32,974,739.36 ($174,838.95 ($116,606.3 ($58,232.56)
50 $32,916,301.24 ($174,838.95 ($116,400.8 ($58,438.12)
51 $32,857,656.84 ($174,838.95 ($116,194.5 ($58,644.40)
52 $32,798,805.42 ($174,838.95 ($115,987.5 ($58,851.42)
53 $32,739,746.26 ($174,838.95 ($115,779.7 ($59,059.16)
54 $32,680,478.61 ($174,838.95 ($115,571.3 ($59,267.64)
55 $32,621,001.76 ($174,838.95 ($115,362.0 ($59,476.86)
56 $32,561,314.94 ($174,838.95 ($115,152.1 ($59,686.81)
57 $32,501,417.44 ($174,838.95 ($114,941.4 ($59,897.51)
58 $32,441,308.49 ($174,838.95 ($114,730.0 ($60,108.94)
59 $32,380,987.37 ($174,838.95 ($114,517.8 ($60,321.13)
60 $32,320,453.30 ($174,838.95 ($114,304.8 ($60,534.06)

7. Assumptions:
Mortgage amount 64,800,000
Payments per yea 12
Interest rate 4.21%
Maturity 60
Amortization 360
Payment Balance Payment Interest Principal Year Yearly interest Yearly principal
64,800,000
1 $64,710,062.39 ($317,223.61) ($227,286.0 ($89,937.61) 1 $ (2,706,366.54) $ (1,100,316.79)
2 $64,619,809.32 ($317,223.61) ($226,970.5 ($90,253.07) 2 $ (2,659,150.25) $ (1,147,533.08)
3 $64,529,239.69 ($317,223.61) ($226,653.9 ($90,569.63) 3 $ (2,609,907.85) $ (1,196,775.49)
4 $64,438,352.39 ($317,223.61) ($226,336.3 ($90,887.30) 4 $ (2,558,552.37) $ (1,248,130.96)
5 $64,347,146.30 ($317,223.61) ($226,017.5 ($91,206.09) 5 ($2,504,993.15) ($60,107,243.68)
6 $64,255,620.30 ($317,223.61) ($225,697.6 ($91,526.00)
7 $64,163,773.28 ($317,223.61) ($225,376.5 ($91,847.02)
8 $64,071,604.11 ($317,223.61) ($225,054.4 ($92,169.18)
9 $63,979,111.65 ($317,223.61) ($224,731.1 ($92,492.46)
10 $63,886,294.77 ($317,223.61) ($224,406.7 ($92,816.88)
11 $63,793,152.34 ($317,223.61) ($224,081.1 ($93,142.43)
12 $63,699,683.21 ($317,223.61) ($223,754.4 ($93,469.13)
13 $63,605,886.24 ($317,223.61) ($223,426.6 ($93,796.97)
14 $63,511,760.27 ($317,223.61) ($223,097.6 ($94,125.96)
15 $63,417,304.16 ($317,223.61) ($222,767.5 ($94,456.11)
16 $63,322,516.74 ($317,223.61) ($222,436.1 ($94,787.42)
17 $63,227,396.86 ($317,223.61) ($222,103.7 ($95,119.88)
18 $63,131,943.34 ($317,223.61) ($221,770.0 ($95,453.52)
19 $63,036,155.02 ($317,223.61) ($221,435.2 ($95,788.32)
20 $62,940,030.73 ($317,223.61) ($221,099.3 ($96,124.30)
21 $62,843,569.27 ($317,223.61) ($220,762.1 ($96,461.45)
22 $62,746,769.48 ($317,223.61) ($220,423.8 ($96,799.79)
23 $62,649,630.16 ($317,223.61) ($220,084.2 ($97,139.32)
24 $62,552,150.13 ($317,223.61) ($219,743.5 ($97,480.03)
25 $62,454,328.19 ($317,223.61) ($219,401.6 ($97,821.94)
26 $62,356,163.13 ($317,223.61) ($219,058.5 ($98,165.05)
27 $62,257,653.76 ($317,223.61) ($218,714.2 ($98,509.37)
28 $62,158,798.87 ($317,223.61) ($218,368.7 ($98,854.89)
29 $62,059,597.25 ($317,223.61) ($218,021.9 ($99,201.62)

8. 30 $61,960,047.68 ($317,223.61) ($217,674.0 ($99,549.57)
31 $61,860,148.93 ($317,223.61) ($217,324.8 ($99,898.74)
32 $61,759,899.79 ($317,223.61) ($216,974.4 ($100,249.14)
33 $61,659,299.03 ($317,223.61) ($216,622.8 ($100,600.76)
34 $61,558,345.41 ($317,223.61) ($216,269.9 ($100,953.62)
35 $61,457,037.70 ($317,223.61) ($215,915.9 ($101,307.71)
36 $61,355,374.65 ($317,223.61) ($215,560.5 ($101,663.05)
37 $61,253,355.01 ($317,223.61) ($215,203.9 ($102,019.63)
38 $61,150,977.54 ($317,223.61) ($214,846.1 ($102,377.47)
39 $61,048,240.99 ($317,223.61) ($214,487.0 ($102,736.56)
40 $60,945,144.08 ($317,223.61) ($214,126.7 ($103,096.91)
41 $60,841,685.56 ($317,223.61) ($213,765.0 ($103,458.52)
42 $60,737,864.16 ($317,223.61) ($213,402.2 ($103,821.40)
43 $60,633,678.61 ($317,223.61) ($213,038.0 ($104,185.55)
44 $60,529,127.63 ($317,223.61) ($212,672.6 ($104,550.98)
45 $60,424,209.93 ($317,223.61) ($212,305.9 ($104,917.70)
46 $60,318,924.24 ($317,223.61) ($211,937.9 ($105,285.69)
47 $60,213,269.25 ($317,223.61) ($211,568.6 ($105,654.98)
48 $60,107,243.68 ($317,223.61) ($211,198.0 ($106,025.57)
49 $60,000,846.23 ($317,223.61) ($210,826.1 ($106,397.45)
50 $59,894,075.59 ($317,223.61) ($210,452.9 ($106,770.64)
51 $59,786,930.45 ($317,223.61) ($210,078.4 ($107,145.14)
52 $59,679,409.49 ($317,223.61) ($209,702.6 ($107,520.95)
53 $59,571,511.41 ($317,223.61) ($209,325.5 ($107,898.08)
54 $59,463,234.88 ($317,223.61) ($208,947.0 ($108,276.53)
55 $59,354,578.56 ($317,223.61) ($208,567.3 ($108,656.31)
56 $59,245,541.14 ($317,223.61) ($208,186.1 ($109,037.43)
57 $59,136,121.26 ($317,223.61) ($207,803.7 ($109,419.88)
58 $59,026,317.60 ($317,223.61) ($207,419.9 ($109,803.67)
59 $58,916,128.79 ($317,223.61) ($207,034.8 ($110,188.80)
60 $58,805,553.50 ($317,223.61) ($206,648.3 ($110,575.29)

9. Assumptions:
Mortgage amount $30,000,000.00
Payments per yea 12
Interest rate 0.003511666667
Maturity 60
Amortization 360
Payment Balance Payment Interest Principal Year Yearly interes Yearly principal
$30,000,000.00
1 $29,958,399.61 ($146,950.39 ($105,350.0 ($41,600.39) 1 $ (1,254,444. $ (508,960.19)
2 $29,916,653.13 ($146,950.39 ($105,203.9 ($41,746.48) 2 $ (1,232,577. $ (530,826.91)
3 $29,874,760.05 ($146,950.39 ($105,057.3 ($41,893.08) 3 $ (1,209,771. $ (553,633.09)
4 $29,832,719.86 ($146,950.39 ($104,910.2 ($42,040.19) 4 $ (1,185,985. $ (577,419.10)
5 $29,790,532.03 ($146,950.39 ($104,762.5 ($42,187.82) 5 $ (1,161,177. $ (27,829,160.71)
6 $29,748,196.06 ($146,950.39 ($104,614.4 ($42,335.97)
7 $29,705,711.41 ($146,950.39 ($104,465.7 ($42,484.64)
8 $29,663,077.58 ($146,950.39 ($104,316.5 ($42,633.84)
9 $29,620,294.02 ($146,950.39 ($104,166.8 ($42,783.55)
10 $29,577,360.23 ($146,950.39 ($104,016.6 ($42,933.79)
11 $29,534,275.67 ($146,950.39 ($103,865.8 ($43,084.56)
12 $29,491,039.81 ($146,950.39 ($103,714.5 ($43,235.86)
13 $29,447,652.12 ($146,950.39 ($103,562.7 ($43,387.69)
14 $29,404,112.06 ($146,950.39 ($103,410.3 ($43,540.05)
15 $29,360,419.11 ($146,950.39 ($103,257.4 ($43,692.95)
16 $29,316,572.72 ($146,950.39 ($103,104.0 ($43,846.39)
17 $29,272,572.36 ($146,950.39 ($102,950.0 ($44,000.36)
18 $29,228,417.48 ($146,950.39 ($102,795.5 ($44,154.88)
19 $29,184,107.55 ($146,950.39 ($102,640.4 ($44,309.93)
20 $29,139,642.01 ($146,950.39 ($102,484.8 ($44,465.53)
21 $29,095,020.33 ($146,950.39 ($102,328.7 ($44,621.68)
22 $29,050,241.95 ($146,950.39 ($102,172.0 ($44,778.38)
23 $29,005,306.33 ($146,950.39 ($102,014.7 ($44,935.63)
24 $28,960,212.90 ($146,950.39 ($101,856.9 ($45,093.43)
25 $28,914,961.12 ($146,950.39 ($101,698.6 ($45,251.78)
26 $28,869,550.43 ($146,950.39 ($101,539.7 ($45,410.69)
27 $28,823,980.28 ($146,950.39 ($101,380.2 ($45,570.15)
28 $28,778,250.10 ($146,950.39 ($101,220.2 ($45,730.18)
29 $28,732,359.33 ($146,950.39 ($101,059.6 ($45,890.77)
30 $28,686,307.40 ($146,950.39 ($100,898.4 ($46,051.92)

10. 31 $28,640,093.76 ($146,950.39 ($100,736.7 ($46,213.64)
32 $28,593,717.83 ($146,950.39 ($100,574.4 ($46,375.93)
33 $28,547,179.04 ($146,950.39 ($100,411.6 ($46,538.79)
34 $28,500,476.83 ($146,950.39 ($100,248.1 ($46,702.22)
35 $28,453,610.61 ($146,950.39 ($100,084.1 ($46,866.22)
36 $28,406,579.81 ($146,950.39 ($99,919.60) ($47,030.80)
37 $28,359,383.86 ($146,950.39 ($99,754.44) ($47,195.95)
38 $28,312,022.17 ($146,950.39 ($99,588.70) ($47,361.69)
39 $28,264,494.16 ($146,950.39 ($99,422.38) ($47,528.01)
40 $28,216,799.25 ($146,950.39 ($99,255.48) ($47,694.91)
41 $28,168,936.85 ($146,950.39 ($99,087.99) ($47,862.40)
42 $28,120,906.37 ($146,950.39 ($98,919.92) ($48,030.48)
43 $28,072,707.23 ($146,950.39 ($98,751.25) ($48,199.14)
44 $28,024,338.83 ($146,950.39 ($98,581.99) ($48,368.40)
45 $27,975,800.57 ($146,950.39 ($98,412.14) ($48,538.26)
46 $27,927,091.87 ($146,950.39 ($98,241.69) ($48,708.71)
47 $27,878,212.11 ($146,950.39 ($98,070.64) ($48,879.76)
48 $27,829,160.71 ($146,950.39 ($97,898.99) ($49,051.40)
49 $27,779,937.05 ($146,950.39 ($97,726.74) ($49,223.66)
50 $27,730,540.54 ($146,950.39 ($97,553.88) ($49,396.51)
51 $27,680,970.56 ($146,950.39 ($97,380.41) ($49,569.98)
52 $27,631,226.51 ($146,950.39 ($97,206.34) ($49,744.05)
53 $27,581,307.77 ($146,950.39 ($97,031.66) ($49,918.74)
54 $27,531,213.74 ($146,950.39 ($96,856.36) ($50,094.03)
55 $27,480,943.79 ($146,950.39 ($96,680.45) ($50,269.95)
56 $27,430,497.31 ($146,950.39 ($96,503.91) ($50,446.48)
57 $27,379,873.68 ($146,950.39 ($96,326.76) ($50,623.63)
58 $27,329,072.28 ($146,950.39 ($96,148.99) ($50,801.40)
59 $27,278,092.48 ($146,950.39 ($95,970.59) ($50,979.80)
60 $27,226,933.66 ($146,950.39 ($95,791.57) ($51,158.82)

11. Assumptions:
Mortgage amount $28,700,000
Payments per yea 12
Interest rate 4.28%
Maturity 60
Amortization 360
Payment Balance Payment Interest Principal Year Yearly interest Yearly principal
$28,700,000
1 $28,660,657. ($141,657.60) ($102,315.5 ($39,342.10) 1 $ (1,218,418.31 ($481,472.84)
2 $28,621,175. ($141,657.60) ($102,175.2 ($39,482.35) 2 $ (1,197,412.20 ($502,478.95)
3 $28,581,552. ($141,657.60) ($102,034.4 ($39,623.11) 3 $ (1,175,489.62 ($524,401.53)
4 $28,541,788. ($141,657.60) ($101,893.2 ($39,764.36) 4 $ (1,152,610.58 ($547,280.57)
5 $28,501,881. ($141,657.60) ($101,751.4 ($39,906.12) 5 ($1,128,733.35) ($26,644,366.10)
6 $28,461,833. ($141,657.60) ($101,609.2 ($40,048.39)
7 $28,421,642. ($141,657.60) ($101,466.4 ($40,191.16)
8 $28,381,307. ($141,657.60) ($101,323.1 ($40,334.44)
9 $28,340,829. ($141,657.60) ($101,179.3 ($40,478.23)
10 $28,300,207. ($141,657.60) ($101,035.0 ($40,622.54)
11 $28,259,439. ($141,657.60) ($100,890.2 ($40,767.36)
12 $28,218,527. ($141,657.60) ($100,744.9 ($40,912.69)
13 $28,177,468. ($141,657.60) ($100,599.0 ($41,058.55)
14 $28,136,263. ($141,657.60) ($100,452.6 ($41,204.92)
15 $28,094,911. ($141,657.60) ($100,305.7 ($41,351.82)
16 $28,053,412. ($141,657.60) ($100,158.3 ($41,499.24)
17 $28,011,765. ($141,657.60) ($100,010.4 ($41,647.18)
18 $27,969,969. ($141,657.60) ($99,861.94) ($41,795.65)
19 $27,928,025. ($141,657.60) ($99,712.94) ($41,944.65)
20 $27,885,930. ($141,657.60) ($99,563.41) ($42,094.19)
21 $27,843,686. ($141,657.60) ($99,413.34) ($42,244.25)
22 $27,801,291. ($141,657.60) ($99,262.74) ($42,394.85)
23 $27,758,745. ($141,657.60) ($99,111.61) ($42,545.99)
24 $27,716,048. ($141,657.60) ($98,959.93) ($42,697.67)
25 $27,673,198. ($141,657.60) ($98,807.71) ($42,849.88)
26 $27,630,195. ($141,657.60) ($98,654.95) ($43,002.64)
27 $27,587,039. ($141,657.60) ($98,501.65) ($43,155.95)
28 $27,543,729. ($141,657.60) ($98,347.80) ($43,309.80)

12. 29 $27,500,265. ($141,657.60) ($98,193.40) ($43,464.20)
30 $27,456,646. ($141,657.60) ($98,038.45) ($43,619.15)
31 $27,412,871. ($141,657.60) ($97,882.95) ($43,774.65)
32 $27,368,941. ($141,657.60) ($97,726.89) ($43,930.71)
33 $27,324,853. ($141,657.60) ($97,570.28) ($44,087.32)
34 $27,280,609. ($141,657.60) ($97,413.10) ($44,244.49)
35 $27,236,207. ($141,657.60) ($97,255.37) ($44,402.22)
36 $27,191,646. ($141,657.60) ($97,097.08) ($44,560.52)
37 $27,146,927. ($141,657.60) ($96,938.22) ($44,719.38)
38 $27,102,048. ($141,657.60) ($96,778.80) ($44,878.80)
39 $27,057,009. ($141,657.60) ($96,618.80) ($45,038.79)
40 $27,011,810. ($141,657.60) ($96,458.24) ($45,199.36)
41 $26,966,449. ($141,657.60) ($96,297.10) ($45,360.49)
42 $26,920,927. ($141,657.60) ($96,135.39) ($45,522.20)
43 $26,875,243. ($141,657.60) ($95,973.11) ($45,684.49)
44 $26,829,395. ($141,657.60) ($95,810.24) ($45,847.35)
45 $26,783,385. ($141,657.60) ($95,646.80) ($46,010.80)
46 $26,737,210. ($141,657.60) ($95,482.77) ($46,174.83)
47 $26,690,870. ($141,657.60) ($95,318.15) ($46,339.44)
48 $26,644,366. ($141,657.60) ($95,152.95) ($46,504.64)
49 $26,597,695. ($141,657.60) ($94,987.17) ($46,670.43)
50 $26,550,858. ($141,657.60) ($94,820.79) ($46,836.81)
51 $26,503,855. ($141,657.60) ($94,653.81) ($47,003.78)
52 $26,456,683. ($141,657.60) ($94,486.24) ($47,171.35)
53 $26,409,344. ($141,657.60) ($94,318.08) ($47,339.52)
54 $26,361,835. ($141,657.60) ($94,149.31) ($47,508.28)
55 $26,314,158. ($141,657.60) ($93,979.95) ($47,677.65)
56 $26,266,310. ($141,657.60) ($93,809.97) ($47,847.62)
57 $26,218,292. ($141,657.60) ($93,639.40) ($48,018.20)
58 $26,170,103. ($141,657.60) ($93,468.21) ($48,189.38)
59 $26,121,741. ($141,657.60) ($93,296.42) ($48,361.18)
60 $26,073,208. ($141,657.60) ($93,124.01) ($48,533.59)

13. Loan Payments
Year 1 Year 2 Year 3 Year 4 Year 5
$ (3,997,723.92) $ (4,170,640.81) $ (4,351,037.37 $ (4,539,237.16 $ (292,341,360.75)
$ (5,480,918.83) $ (5,308,001.94) $ (5,246,622.82 $ (5,058,619.39 $ (4,743,065.03)
Bond Payments
A-1
Coupon rate 2.367%
$ 20,000,000.00 $ 16,002,276.08 $ 11,831,635.2 $ 7,480,597.90 $ 2,941,360.75
Principal $ (3,997,723.92) $ (4,170,640.81) $ (4,351,037.37 $ (4,539,237.16 $ 2,941,360.75
Interest $ 473,400.00 $ 378,773.87 $ 280,054.81 $ 177,065.75 $ 69,622.01
Ending balance $ 16,002,276.08 $ 11,831,635.27 $ 7,480,597.90 $ 2,941,360.75 $ -
Total cash flow $ 4,471,123.92 $ 4,549,414.68 $ 4,631,092.18 $ 4,716,302.91 $ 3,010,982.76
$ (289,400,000.00)
A-2
Coupon rate 3.686%
$ 220,791,000.00 $ 220,791,000.0 $ 220,791,000. $ 220,791,000.0 $ 220,791,000.00
Principal $ - $ - $ - $ - $ 220,791,000.00
Interest $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26
Ending balance $ 220,791,000.00 $ 220,791,000.0 $ 220,791,000. $ 220,791,000.0 $ -
Total cash flow $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26 $ 228,929,356.26
$ (68,609,000.00)
B
Coupon rate 4.630%
$ 18,575,000.00 $ 18,575,000.00 $ 18,575,000.0 $ 18,575,000.00 $ 18,575,000.00
Principal $ - $ - $ - $ - $ 18,575,000.00
Interest $ 860,113.52 $ 860,113.52 $ 860,113.52 $ 860,113.52 $ 860,113.52
Ending balance $ 18,575,000.00 $ 18,575,000.00 $ 18,575,000.0 $ 18,575,000.00 $ -
Total cash flow $ 860,113.52 $ 860,113.52 $ 860,113.52 $ 860,113.52 $ 19,435,113.52
$ (50,034,000.00)
C
Coupon rate 4.663%
$ 20,900,000.00 $ 20,900,000.00 $ 20,900,000.0 $ 20,900,000.00 $ 20,900,000.00
Principal $ - $ - $ - $ - $ 20,900,000.00
Interest $ 974,669.41 $ 974,669.41 $ 974,669.41 $ 974,669.41 $ 974,669.41
Total principal into the pool
Total interest into the pool
Beginning balance
Beginning balance
Beginning balance
Beginning balance

14. Ending balance $ 20,900,000.00 $ 20,900,000.00 $ 20,900,000.0 $ 20,900,000.00 $ -
Total cash flow $ 974,669.41 $ 974,669.41 $ 974,669.41 $ 974,669.41 $ 21,874,669.41
$ (29,134,000.00)
D
Coupon rate 4.663%
$ 29,434,000.00 $ 29,434,000.00 $ 29,434,000.0 $ 29,434,000.00 $ 29,434,000.00
Principal $ - $ - $ - $ - $ 29,434,000.00
Interest $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65
Ending balance $ 29,434,000.00 $ 29,434,000.00 $ 29,434,000.0 $ 29,434,000.00 $ -
Total cash flow $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65 $ 30,806,651.65
Par y0 y1 y2 y3 y4 y5
$ (29,434,000 $ 1,372,651.65 $ 1,372,651. $ 1,372,651.65 $ 1,372,651. $ 30,806,651.65
IRR 4.663%
Discount y0 y1 y2 y3 y4 y5
-$25,651,731. $ 1,372,651.65 $ 1,372,651. $ 1,372,651.65 $ 1,372,651. $ 30,806,651.65
% of par 0.8715 IRR 7.8709%
Beginning balance

15. Assumptions:
Mortgage amount 35,600,000
Payments per year 12
Interest rate 4.236%
Maturity 60
Amortization 360
Payoff payment -$20,104,79
Year Payment Balance Payment Interest Principal
35,600,000 Year Yearly interest Yearly principal
1 1 $35,550,829.05 ($174,838.95) ($125,668.00) ($49,170.95) 1 $ (1,496,424.2 $ (601,643.09)
1 2 $35,501,484.53 ($174,838.95) ($125,494.43) ($49,344.52) 2 $ (1,470,438.0 $ (627,629.36)
1 3 $35,451,965.83 ($174,838.95) ($125,320.24) ($49,518.71) 3 $ (1,562,346.7 $ (654,738.04)
1 4 $35,402,272.32 ($174,838.95) ($125,145.44) ($49,693.51) 4 $ (1,534,263.5 $ (683,017.60)
1 5 $35,352,403.39 ($174,838.95) ($124,970.02) ($49,868.93) 5 ($1,385,548.76) ($20,104,790.59)
1 6 $35,302,358.43 ($174,838.95) ($124,793.98) ($50,044.96)
1 7 $35,252,136.81 ($174,838.95) ($124,617.33) ($50,221.62) $ (22,671,818.68
1 8 $35,201,737.90 ($174,838.95) ($124,440.04) ($50,398.90)
1 9 $35,151,161.09 ($174,838.95) ($124,262.13) ($50,576.81)
1 10 $35,100,405.74 ($174,838.95) ($124,083.60) ($50,755.35)
1 11 $35,049,471.23 ($174,838.95) ($123,904.43) ($50,934.52)
1 12 $34,998,356.91 ($174,838.95) ($123,724.63) ($51,114.31)
2 13 $34,947,062.16 ($174,838.95) ($123,544.20) ($51,294.75)
2 14 $34,895,586.35 ($174,838.95) ($123,363.13) ($51,475.82)
2 15 $34,843,928.82 ($174,838.95) ($123,181.42) ($51,657.53)
2 16 $34,792,088.94 ($174,838.95) ($122,999.07) ($51,839.88)
2 17 $34,740,066.07 ($174,838.95) ($122,816.07) ($52,022.87)
2 18 $34,687,859.55 ($174,838.95) ($122,632.43) ($52,206.51)
2 19 $34,635,468.75 ($174,838.95) ($122,448.14) ($52,390.80)
2 20 $34,582,893.01 ($174,838.95) ($122,263.20) ($52,575.74)
2 21 $34,530,131.67 ($174,838.95) ($122,077.61) ($52,761.33)
2 22 $34,477,184.09 ($174,838.95) ($121,891.36) ($52,947.58)
2 23 $34,424,049.60 ($174,838.95) ($121,704.46) ($53,134.49)
2 24 $34,370,727.55 ($174,838.95) ($121,516.90) ($53,322.05)
3 25 $34,317,217.27 ($174,838.95) ($121,328.67) ($53,510.28)
3 26 $34,263,518.10 ($174,838.95) ($121,139.78) ($53,699.17)
3 27 $34,209,629.37 ($174,838.95) ($120,950.22) ($53,888.73)

16. 3 28 $34,155,550.42 ($174,838.95) ($120,759.99) ($54,078.96)
3 29 $34,101,280.56 ($174,838.95) ($120,569.09) ($54,269.85)
3 30 $34,046,819.14 ($174,838.95) ($120,377.52) ($54,461.43)
3 31 $33,992,165.46 ($174,838.95) ($120,185.27) ($54,653.68)
3 32 $33,937,318.86 ($174,838.95) ($119,992.34) ($54,846.60)
3 33 $33,882,278.65 ($174,838.95) ($119,798.74) ($55,040.21)
3 34 $33,827,044.14 ($174,838.95) ($119,604.44) ($55,234.50)
3 35 $33,771,614.66 ($174,838.95) ($119,409.47) ($55,429.48)
3 36 $33,715,989.51 ($174,838.95) ($119,213.80) ($55,625.15)
4 37 $33,660,168.01 ($174,838.95) ($119,017.44) ($55,821.50)
4 38 $33,604,149.45 ($174,838.95) ($118,820.39) ($56,018.55)
4 39 $33,547,933.15 ($174,838.95) ($118,622.65) ($56,216.30)
4 40 $33,491,518.41 ($174,838.95) ($118,424.20) ($56,414.74)
4 41 $33,434,904.52 ($174,838.95) ($118,225.06) ($56,613.89)
4 42 $33,378,090.79 ($174,838.95) ($118,025.21) ($56,813.73)
4 43 $33,321,076.50 ($174,838.95) ($117,824.66) ($57,014.29)
4 44 $33,263,860.96 ($174,838.95) ($117,623.40) ($57,215.55)
4 45 $33,206,443.44 ($174,838.95) ($117,421.43) ($57,417.52)
4 46 $33,148,823.24 ($174,838.95) ($117,218.75) ($57,620.20)
4 47 $33,090,999.63 ($174,838.95) ($117,015.35) ($57,823.60)
4 48 $33,032,971.92 ($174,838.95) ($116,811.23) ($58,027.72)
5 49 $32,974,739.36 ($174,838.95) ($116,606.39) ($58,232.56)
5 50 $32,916,301.24 ($174,838.95) ($116,400.83) ($58,438.12)
5 51 $32,857,656.84 ($174,838.95) ($116,194.54) ($58,644.40)
5 52 $32,798,805.42 ($174,838.95) ($115,987.53) ($58,851.42)
5 53 $32,739,746.26 ($174,838.95) ($115,779.78) ($59,059.16)
5 54 $32,680,478.61 ($174,838.95) ($115,571.30) ($59,267.64)
5 55 $32,621,001.76 ($174,838.95) ($115,362.09) ($59,476.86)
5 56 $32,561,314.94 ($174,838.95) ($115,152.14) ($59,686.81)
5 57 $32,501,417.44 ($174,838.95) ($114,941.44) ($59,897.51)
5 58 $32,441,308.49 ($174,838.95) ($114,730.00) ($60,108.94)
5 59 $32,380,987.37 ($174,838.95) ($114,517.82) ($60,321.13)
5 60 $32,320,453.30 ($174,838.95) ($114,304.89) ($60,534.06)

17. Assumptions:
Mortgage amount 35,600,000
Payments per year 12
Interest rate 4.236%
Maturity 60
Amortization 360
Payoff payment $23,201,328
Year Payment Balance Payment Interest Principal
35,600,000 Year Yearly interest Yearly principal 100.00% y5 84% chance
1 1 $35,425,161.05 ($174,838.95) ($125,668.00) ($49,170.95) 1 $ (1,467,282.0 $ (630,785.35) $25,109,663.16 ($26,095,945.04) -$21,920,593.84
1 2 $35,250,322.11 ($174,838.95) ($125,050.82) ($49,788.13) 2 $ (1,378,407.8 $ (719,659.48) $21,092,117.06
1 3 $35,075,483.16 ($174,838.95) ($124,433.64) ($50,405.31) 3 $ (1,392,983.2 $ (808,533.61) 60% y5 16% chance
1 4 $34,900,644.21 ($174,838.95) ($123,816.46) ($51,022.49) 4 $ (1,304,726.2 $ (897,407.75) 1506579789.85% ($16,052,079.78) -$2,568,332.76
1 5 $34,725,805.26 ($174,838.95) ($123,199.27) ($51,639.67) 5 ($1,111,785.49) -$24,488,926.60 $2,109,211.71
1 6 $34,550,966.32 ($174,838.95) ($122,582.09) ($52,256.85)
1 7 $34,376,127.37 ($174,838.95) ($121,964.91) ($52,874.04)
1 8 $34,201,288.42 ($174,838.95) ($121,347.73) ($53,491.22)
1 9 $34,026,449.47 ($174,838.95) ($120,730.55) ($54,108.40)
1 10 $33,851,610.53 ($174,838.95) ($120,113.37) ($54,725.58)
1 11 $33,676,771.58 ($174,838.95) ($119,496.19) ($55,342.76)
1 12 $33,501,932.63 ($174,838.95) ($118,879.00) ($55,959.94)
2 13 $33,327,093.69 ($174,838.95) ($118,261.82) ($56,577.13)
2 14 $33,152,254.74 ($174,838.95) ($117,644.64) ($57,194.31)
2 15 $32,977,415.79 ($174,838.95) ($117,027.46) ($57,811.49)
2 16 $32,802,576.84 ($174,838.95) ($116,410.28) ($58,428.67)
2 17 $32,627,737.90 ($174,838.95) ($115,793.10) ($59,045.85)
2 18 $32,452,898.95 ($174,838.95) ($115,175.91) ($59,663.03)
2 19 $32,278,060.00 ($174,838.95) ($114,558.73) ($60,280.21)
2 20 $32,103,221.05 ($174,838.95) ($113,941.55) ($60,897.40)
2 21 $31,928,382.11 ($174,838.95) ($113,324.37) ($61,514.58)
2 22 $31,753,543.16 ($174,838.95) ($112,707.19) ($62,131.76)
2 23 $31,578,704.21 ($174,838.95) ($112,090.01) ($62,748.94)
2 24 $31,403,865.27 ($174,838.95) ($111,472.83) ($63,366.12)
3 25 $31,229,026.32 ($174,838.95) ($110,855.64) ($63,983.30)
3 26 $31,054,187.37 ($174,838.95) ($110,238.46) ($64,600.48)
3 27 $30,879,348.42 ($174,838.95) ($109,621.28) ($65,217.67)
3 28 $30,704,509.48 ($174,838.95) ($109,004.10) ($65,834.85)
3 29 $30,529,670.53 ($174,838.95) ($108,386.92) ($66,452.03)
3 30 $30,354,831.58 ($174,838.95) ($107,769.74) ($67,069.21)
3 31 $30,179,992.63 ($174,838.95) ($107,152.56) ($67,686.39)
3 32 $30,005,153.69 ($174,838.95) ($106,535.37) ($68,303.57)
3 33 $29,830,314.74 ($174,838.95) ($105,918.19) ($68,920.75)
3 34 $29,655,475.79 ($174,838.95) ($105,301.01) ($69,537.94)
3 35 $29,480,636.85 ($174,838.95) ($104,683.83) ($70,155.12)
3 36 $29,305,797.90 ($174,838.95) ($104,066.65) ($70,772.30)
4 37 $29,130,958.95 ($174,838.95) ($103,449.47) ($71,389.48)
4 38 $28,956,120.00 ($174,838.95) ($102,832.29) ($72,006.66)
4 39 $28,781,281.06 ($174,838.95) ($102,215.10) ($72,623.84)
4 40 $28,606,442.11 ($174,838.95) ($101,597.92) ($73,241.03)
4 41 $28,431,603.16 ($174,838.95) ($100,980.74) ($73,858.21)

18. 4 42 $28,256,764.21 ($174,838.95) ($100,363.56) ($74,475.39)
4 43 $28,081,925.27 ($174,838.95) ($99,746.38) ($75,092.57)
4 44 $27,907,086.32 ($174,838.95) ($99,129.20) ($75,709.75)
4 45 $27,732,247.37 ($174,838.95) ($98,512.01) ($76,326.93)
4 46 $27,557,408.43 ($174,838.95) ($97,894.83) ($76,944.11)
4 47 $27,382,569.48 ($174,838.95) ($97,277.65) ($77,561.30)
4 48 $27,207,730.53 ($174,838.95) ($96,660.47) ($78,178.48)
5 49 $27,032,891.58 ($174,838.95) ($96,043.29) ($78,795.66)
5 50 $26,858,052.64 ($174,838.95) ($95,426.11) ($79,412.84)
5 51 $26,683,213.69 ($174,838.95) ($94,808.93) ($80,030.02)
5 52 $26,508,374.74 ($174,838.95) ($94,191.74) ($80,647.20)
5 53 $26,333,535.79 ($174,838.95) ($93,574.56) ($81,264.38)
5 54 $26,158,696.85 ($174,838.95) ($92,957.38) ($81,881.57)
5 55 $25,983,857.90 ($174,838.95) ($92,340.20) ($82,498.75)
5 56 $25,809,018.95 ($174,838.95) ($91,723.02) ($83,115.93)
5 57 $25,634,180.01 ($174,838.95) ($91,105.84) ($83,733.11)
5 58 $25,459,341.06 ($174,838.95) ($90,488.66) ($84,350.29)
5 59 $25,284,502.11 ($174,838.95) ($89,871.47) ($84,967.47)
5 60 $25,109,663.16 ($174,838.95) ($89,254.29) ($85,584.65)
Loan IRR

19. Loan Payments
Year 1 Year 2 Year 3 Year 4 Year 5
$ (4,026,866.18) $ (4,262,670.93) $ (4,504,832.94 $ (4,753,627.30 $ (283,797,315.43)
$ (5,451,776.57) $ (5,215,971.82) $ (5,077,259.27 $ (4,829,082.09 $ (4,469,301.76)
Bond Payments
A-1
Coupon rate 2.37%
$ 20,000,000.00 $ 15,973,133.82 $ 11,710,462.9 $ 7,134,240.47 $ 2,309,840.87
Principal $ (4,026,866.18) $ (4,262,670.93) $ (4,576,222.42 $ (4,824,399.60 $ 2,309,840.87
Interest $ 473,400.00 $ 378,084.08 $ 277,186.66 $ 168,867.47 $ 54,673.93
Ending balance $ 15,973,133.82 $ 11,710,462.90 $ 7,134,240.47 $ 2,309,840.87 $ -
Total cash flow $ 4,500,266.18 $ 4,640,755.00 $ 4,853,409.08 $ 4,993,267.08 $ 2,364,514.80
$ (281,487,474.56)
A-2
Coupon rate 3.69%
$ 220,791,000.00 $ 220,791,000.0 $ 220,791,000. $ 220,791,000.0 $ 220,791,000.00
Principal $ - $ - $ - $ - $ 220,791,000.00
Interest $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26
Ending balance $ 220,791,000.00 $ 220,791,000.0 $ 220,791,000. $ 220,791,000.0 $ -
Total cash flow $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26 $ 8,138,356.26 $ 228,929,356.26
$ (60,696,474.56)
B
Coupon rate 4.63%
$ 18,575,000.00 $ 18,575,000.00 $ 18,575,000.0 $ 18,575,000.00 $ 18,575,000.00
Principal $ - $ - $ - $ - $ 18,575,000.00
Interest $ 860,113.52 $ 860,113.52 $ 860,113.52 $ 860,113.52 $ 860,113.52
Ending balance $ 18,575,000.00 $ 18,575,000.00 $ 18,575,000.0 $ 18,575,000.00 $ -
Total cash flow $ 860,113.52 $ 860,113.52 $ 860,113.52 $ 860,113.52 $ 19,435,113.52
$ (42,121,474.56)
C
Coupon rate 4.66%
$ 20,900,000.00 $ 20,900,000.00 $ 20,900,000.0 $ 20,900,000.00 $ 20,900,000.00
Principal $ - $ - $ - $ - $ 20,900,000.00
Interest $ 974,669.41 $ 974,669.41 $ 974,669.41 $ 974,669.41 $ 974,669.41
Total principal into the pool
Total interest into the pool
Beginning balance
Beginning balance
Beginning balance
Beginning balance

20. Ending balance $ 20,900,000.00 $ 20,900,000.00 $ 20,900,000.0 $ 20,900,000.00 $ -
Total cash flow $ 974,669.41 $ 974,669.41 $ 974,669.41 $ 974,669.41 $ 21,874,669.41
$ (21,221,474.56)
D
Coupon rate 4.66%
$ 29,434,000.00 $ 29,434,000.00 $ 29,434,000.0 $ 29,434,000.00 $ 29,434,000.00
Principal $ - $ - $ - $ - $ 21,221,474.56
Interest $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65
Ending balance $ 29,434,000.00 $ 29,434,000.00 $ 29,434,000.0 $ 29,434,000.00 $ 8,212,525.44
Total cash flow $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65 $ 1,372,651.65 $ 22,594,126.21
Par y0 y1 y2 y3 y4 y5
$ (29,434,000 $ 1,372,651.65 $ 1,372,651. $ 1,372,651.65 $ 1,372,651. $ 22,594,126.21
$ (21,940,936 $ 1,372,651.6 $ 1,372,651. $ 1,372,651. $ 1,372,651. $ 22,594,126.21
IRR -1%
PV @ 6.18%
Beginning balance
D-Tranche Valuation
-$7,493,063.65