The document presents three loan options for a $350,000 loan to open a new store in Mexico City. The original loan terms are 3 years at 7% interest with monthly payments of $10,806.98. Option 1 reduces the loan to $242,898 but keeps the same terms. Option 2 increases the term to 4.55 years but keeps the monthly payment at $7,500; the interest rate remains at 7%. A table also shows varying interest rates and their impact on monthly loan payments over different durations.

1. Mexico City - New Store Loan Option
Amount of Loan $350,000
Period (years) 3
Interest rate (per year) 7%
Payment (per month) $10,806.98
Option #1 - Reduce the Loan
Amount of Loan $242,898
Period (years) 3
Interest rate (per year) 7%
Payment (per month) $7,500.00
Option #2 - Increase Years
Amount of Loan $350,000
Period (years) 4.55
Interest rate (per year) 7%
Payment (per month) $7,500.00
11bnewstorejaredkopman-1294987355844-phpapp02.xlsx

2. Loan Options for New Store in Mexico City - Rates versus Month
Amount of Loan $ 350,000
Period (Months) 36
Interest rate (per year) 7.00%
Payment Options
Number of Monthly Payments
$10,806.98 24 30 36 42
8.000% $15,829.55 $12,910.91 $10,967.73 $9,581.94
7.875% $15,809.61 $12,890.88 $10,947.56 $9,561.60
7.750% $15,789.67 $12,870.86 $10,927.41 $9,541.29
7.625% $15,769.76 $12,850.87 $10,907.28 $9,521.01
7.500% $15,749.86 $12,830.89 $10,887.18 $9,500.75
7.375% $15,729.97 $12,810.93 $10,867.09 $9,480.51
7.250% $15,710.10 $12,790.99 $10,847.04 $9,460.31
7.125% $15,690.24 $12,771.07 $10,827.00 $9,440.13
Rates 7.000% $15,670.40 $12,751.17 $10,806.98 $9,419.97
6.875% $15,650.58 $12,731.28 $10,786.99 $9,399.84
6.750% $15,630.77 $12,711.42 $10,767.02 $9,379.74
6.625% $15,610.97 $12,691.57 $10,747.08 $9,359.66
6.500% $15,591.19 $12,671.74 $10,727.15 $9,339.61
6.375% $15,571.42 $12,651.94 $10,707.25 $9,319.59
6.250% $15,551.67 $12,632.15 $10,687.37 $9,299.59
6.125% $15,531.93 $12,612.37 $10,667.51 $9,279.62
6.000% $15,512.21 $12,592.62 $10,647.68 $9,259.68
11bnewstorejaredkopman-1294987355844-phpapp02.xlsx

3. w Store in Mexico City - Rates versus Months
Payment Options
Number of Monthly Payments
48 54 60
$8,544.52 $7,739.35 $7,096.74
$8,524.00 $7,718.63 $7,075.82
$8,503.51 $7,697.95 $7,054.94
$8,483.05 $7,677.30 $7,034.09
$8,462.62 $7,656.68 $7,013.28
$8,442.21 $7,636.10 $6,992.51
$8,421.84 $7,615.55 $6,971.78
$8,401.50 $7,595.03 $6,951.08
$8,381.19 $7,574.55 $6,930.42
$8,360.90 $7,554.10 $6,909.80
$8,340.65 $7,533.69 $6,889.21
$8,320.43 $7,513.31 $6,868.66
$8,300.23 $7,492.96 $6,848.15
$8,280.07 $7,472.64 $6,827.68
$8,259.94 $7,452.36 $6,807.24
$8,239.83 $7,432.11 $6,786.84
$8,219.76 $7,411.90 $6,766.48
11bnewstorejaredkopman-1294987355844-phpapp02.xlsx