DATE 09/14/2009

RESERVATION DAT
03.HELENA
CLIENT: SAMPLE PROJECTED COMPUTATION
ADDRESS: THESE COMPUTATIONS ARE NOT FINAL,
THEY BEING SUBMITTED TO THE CLIENT
FOR EVALUATION PURPOSES ONLY. ACTUAL
COSTINGS WILL CHANGE BASED ON FINAL
PROJECT: MAHOGANY 3
REQUIREMENTS
BUILDING: 0
BLOCK: 6
LOT: 6 RFO TERM: 12
LOT AREA: 120 RFO DATE:
UNIT AREA: 182.4 No. Months to RFO

TERMS: 30% SPOT DP 70% Balance thru In House

LIST PRICE COMPUTATION:

REF LIST PRICE DESCRIPTIO
BASE UNIT 12,109,000.00

LIST PRICE 12,109,000.00 Closing Fee Total

Discount 0.04 -484,360.00

Net 11,624,640.00
Discount (PDC) 0.02 -232,492.80

Total Contract Price 11,392,147.20 0.04 455,685.89 11,847,833.09

Downpayment 30.00% 3,417,644.16 455,685.89

Less: Reservation 50,000.00

Net Downpayment 3,367,644.16 455,685.89

SPOT DP Applicable 70.00% 0.00

SPOT DP Discount 4.00% 0.00

DP Balance Due 3,367,644.16

DP Payable in 1 mo. 3,367,644.16 455,685.89 3,823,330.05

per month

In House Financing 70.00% 7,974,503.04 per month

Monthly Ammortization 0.08333 12mo 664,541.92 664,541.92
0.04568 24mo 364,312.78 364,312.78
0.03227 36mo 257,314.88 257,314.88
0.02585 48mo 206,105.02 206,105.02
0.02224 60mo 177,388.35 177,388.35

TOTAL CONTRACT PRICE 11,392,147.20