Villa (Single Payment or Final Payment at 12th Month) 34,000.- US$

Villa (Initial Payment and Final Payment at 57th Month) 37,252.- US$

INTEREST RATE/YEAR 18 Percent (First Year 0 Percent)

Remaining Payment

Payment/Month

Actual Price

Interest Rate/Year%

Subtotal:

$20,252.96

$17,000.00

$650.00

$17,000.00

0 % First Year

plus initial Payment:

$17,000.00

$17,000.00

0

1

TOTAL:

$37,252.96

$17,000.00

0

2

$17,000.00

0

3

$17,000.00

0

4

$17,000.00

0

5

$17,000.00

0

6

$17,000.00

$650.00

$16,350.00

7

$16,350.00

$650.00

$15,700.00

8

$15,700.00

$650.00

$15,050.00

9

$15,050.00

$650.00

$14,400.00

10

$14,400.00

$650.00

$13,750.00

11

$13,750.00

$650.00

$13,100.00

12

$13,100.00

REDUCTION FOR FIRST YEAR:

$3,900.00

Open Payment

Payment/Month

Actual Price

Interest Rate/Year%

$13,100.00

$510.00

$13,100.00

18

$13,100.00

$510.00

$12,590.00

13

$188.85

$12,778.85

$510.00

$12,268.85

14

$184.03

$12,452.88

$510.00

$11,942.88

15

$179.14

$12,122.03

$510.00

$11,612.03

16

$174.18

$11,786.21

$510.00

$11,276.21

17

$169.14

$11,445.35

$510.00

$10,935.35

18

$164.03

$11,099.38

$510.00

$10,589.38

19

$158.84

$10,748.22

$510.00

$10,238.22

20

$153.57

$10,391.79

$510.00

$9,881.79

21

$148.23

$10,030.02

$510.00

$9,520.02

22

$142.80

$9,662.82

$510.00

$9,152.82

23

$137.29

$9,290.11

$510.00

$8,780.11

24

$131.70

$8,911.81

REDUCTION FOR SECOND YEAR:

$4,188.19

$8,911.81

$510.00

$8,401.81

25

$126.03

$8,527.84

$510.00

$8,017.84

26

$120.27

$8,138.11

$510.00

$7,628.11

27

$114.42

$7,742.53

$510.00

$7,232.53

28

$108.49

$7,341.02

$510.00

$6,831.02

29

$102.47

$6,933.48

$510.00

$6,423.48

30

$96.35

$6,519.84

$510.00

$6,009.84

31

$90.15

$6,099.98

$510.00

$5,589.98

32

$83.85

$5,673.83

$510.00

$5,163.83

33

$77.46

$5,241.29

$510.00

$4,731.29

34

$70.97

$4,802.26

$510.00

$4,292.26

35

$64.38

$4,356.65

$510.00

$3,846.65

36

$57.70

$3,904.34

REDUCTION FOR THIRD YEAR:

$5,007.47

$3,904.34

$510.00

$3,394.34

37

$50.92

$3,445.26

$510.00

$2,935.26

38

$44.03

$2,979.29

$510.00

$2,469.29

39

$37.04

$2,506.33

$510.00

$1,996.33

40

$29.94

$2,026.27

$510.00

$1,516.27

41

$22.74

$1,539.02

$510.00

$1,029.02

42

$15.44

$1,044.45

$510.00

$534.45

43

$8.02

$542.47

$510.00

$32.47

44

$0.49

$32.96

$32.96

$0.00

45

$0.00

$0.00

$0.00

$0.00

46

$0.00

$0.00

$0.00

$0.00

47

$0.00

$0.00

$0.00

$0.00

48

$0.00

$0.00

REDUCTION FOR FOURTH YEAR:

$3,904.34