PROC MORTGAGE Output

MORTGAGE Procedure

L O A N   S U M M A R Y

Payment:             768.91      Principal Amount:    100000.00

Total Interest:   176813.51      Nominal Rate:           8.500%
Total Payment:    276813.51      Effective Rate:         8.839%

Pay Interval:       MONTHLY      Compound Interval:     MONTHLY
Number of Payments:     360


First Payment:    OCT1996         Last Payment:       SEP2026

Note: The computed quantity is PAYMENT.


































(Data generated by PROC MORTGAGE)


PROC MORTGAGE Output

MORTGAGE Procedure

                    Loan Repayment Schedule

        BEGINNING              INTEREST  PRINCIPAL       ENDING
YEAR  OUTSTANDING    PAYMENT    PAYMENT  REPAYMENT  OUTSTANDING
1996    100000.00    2306.73    2123.70     183.03     99816.97
1997     99816.97    9226.92    8454.82     772.10     99044.87
1998     99044.87    9226.92    8386.58     840.34     98204.53
1999     98204.53    9226.92    8312.31     914.61     97289.92
2000     97289.92    9226.92    8231.45     995.47     96294.45
2001     96294.45    9226.92    8143.48    1083.44     95211.01
2002     95211.01    9226.92    8047.70    1179.22     94031.79
2003     94031.79    9226.92    7943.46    1283.46     92748.33
2004     92748.33    9226.92    7830.02    1396.90     91351.43
2005     91351.43    9226.92    7706.54    1520.38     89831.05
2006     89831.05    9226.92    7572.18    1654.74     88176.31
2007     88176.31    9226.92    7425.90    1801.02     86375.29
2008     86375.29    9226.92    7266.69    1960.23     84415.06
2009     84415.06    9226.92    7093.44    2133.48     82281.58
2010     82281.58    9226.92    6904.85    2322.07     79959.51
2011     79959.51    9226.92    6699.61    2527.31     77432.20
2012     77432.20    9226.92    6476.21    2750.71     74681.49
2013     74681.49    9226.92    6233.07    2993.85     71687.64
2014     71687.64    9226.92    5968.46    3258.46     68429.18
2015     68429.18    9226.92    5680.43    3546.49     64882.69
2016     64882.69    9226.92    5366.95    3859.97     61022.72
2017     61022.72    9226.92    5025.75    4201.17     56821.55
2018     56821.55    9226.92    4654.41    4572.51     52249.04
2019     52249.04    9226.92    4250.25    4976.67     47272.37
2020     47272.37    9226.92    3810.36    5416.56     41855.81
2021     41855.81    9226.92    3331.58    5895.34     35960.47
2022     35960.47    9226.92    2810.52    6416.40     29544.07
2023     29544.07    9226.92    2243.33    6983.59     22560.48
2024     22560.48    9226.92    1626.04    7600.88     14959.60
2025     14959.60    9226.92     954.20    8272.72      6686.88
2026      6686.88    6926.10     239.22    6686.88         0.00













(Data generated by PROC MORTGAGE)


PROC SQL Output

                    Beginning   Monthly  Interest  Principal     Ending
    Year     Month  Principal   Payment   Payment  Repayment  Principal
-----------------------------------------------------------------------
    1996        10     100000    768.91    708.33      60.58   99939.42
    1996        11   99939.42    768.91     707.9      61.01   99878.41
    1996        12   99878.41    768.91    707.47      61.44   99816.97













































(Data generated by PROC MORTGAGE)


PROC PRINT Output

                  Beginning     Monthly    Interest   Principal      Ending
Year  Month       Principal     Payment     Payment   Repayment   Principal
1996  October    100,000.00      768.91      708.33       60.58   99,939.42
1996  November    99,939.42      768.91      707.90       61.01   99,878.41
1996  December    99,878.41      768.91      707.47       61.44   99,816.97
1997  January     99,816.97      768.91      707.04       61.87   99,755.10
1997  February    99,755.10      768.91      706.60       62.31   99,692.79
1997  March       99,692.79      768.91      706.16       62.75   99,630.04
1997  April       99,630.04      768.91      705.71       63.20   99,566.84
1997  May         99,566.84      768.91      705.27       63.64   99,503.20
1997  June        99,503.20      768.91      704.81       64.10   99,439.10
1997  July        99,439.10      768.91      704.36       64.55   99,374.55
1997  August      99,374.55      768.91      703.90       65.01   99,309.54
1997  September   99,309.54      768.91      703.44       65.47   99,244.07
1997  October     99,244.07      768.91      702.98       65.93   99,178.14
1997  November    99,178.14      768.91      702.51       66.40   99,111.74
1997  December    99,111.74      768.91      702.04       66.87   99,044.87
1998  January     99,044.87      768.91      701.57       67.34   98,977.53
1998  February    98,977.53      768.91      701.09       67.82   98,909.71
1998  March       98,909.71      768.91      700.61       68.30   98,841.41
1998  April       98,841.41      768.91      700.13       68.78   98,772.63
1998  May         98,772.63      768.91      699.64       69.27   98,703.36
1998  June        98,703.36      768.91      699.15       69.76   98,633.60
1998  July        98,633.60      768.91      698.65       70.26   98,563.34
1998  August      98,563.34      768.91      698.16       70.75   98,492.59
1998  September   98,492.59      768.91      697.66       71.25   98,421.34
1998  October     98,421.34      768.91      697.15       71.76   98,349.58
1998  November    98,349.58      768.91      696.64       72.27   98,277.31
1998  December    98,277.31      768.91      696.13       72.78   98,204.53
1999  January     98,204.53      768.91      695.62       73.29   98,131.24
1999  February    98,131.24      768.91      695.10       73.81   98,057.43
1999  March       98,057.43      768.91      694.57       74.34   97,983.09
1999  April       97,983.09      768.91      694.05       74.86   97,908.23
1999  May         97,908.23      768.91      693.52       75.39   97,832.84
1999  June        97,832.84      768.91      692.98       75.93   97,756.91
1999  July        97,756.91      768.91      692.44       76.47   97,680.44
1999  August      97,680.44      768.91      691.90       77.01   97,603.43
1999  September   97,603.43      768.91      691.36       77.55   97,525.88
1999  October     97,525.88      768.91      690.81       78.10   97,447.78
1999  November    97,447.78      768.91      690.26       78.65   97,369.13
1999  December    97,369.13      768.91      689.70       79.21   97,289.92
                             ==========  ==========  ==========
                              29,987.49   27,277.41    2,710.08







(Data generated by PROC MORTGAGE)