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Cost & Cash Requirement Analysis for:

Condo with 10% Downpayment

3735 Terstena Pl #156, Santa Clara

Date: Oct 23 2012

To buy any Bay Area home with 3% to 5% downpay ONLY Visit/Contact: www.HomeBuyerHelps .com By: Alex Aung (Broker/Owner) Tel: 408-646-4622

On Yelp: Name: Alex Aung City: Cupertino AlexAungRealEstate@Gmail.com 10% DOWN -Condo / Conventional Program , 1st loan amount < 417K (keeping under conforming amount for best rate)
30 yr Interest Rate with Lender Paid MI Number Of Payment Total Monthly Debt Purchase Price Less Buyer's 10%
4.25 (Interest rate changes daily until it is locked & Rate can NOT be locked until lender has seller's signed contract) 360 (For 10% Rate is reflective of lender paid PMI) 0 370000 37000 37000 333000 ($1,638) 90.00% 1,638 422 385 2,446 469 380000 38000 38000 342000 ($1,682) 90.00% 1,682 422 396 2,500 482 385000 38500 38500 346500 ($1,705) 90.00% 1,705 422 401 2,528 488 390000 39000 39000 351000 ($1,727) 90.00% 1,727 422 406 2,555 495 395000 39500 39500 355500 ($1,749) 90.00% 1,749 422 411 2,582 501

Down Payment

Total Down Payment Help 1st Loan MUST be <417K fr best rates 1st loan Monthly LTV 1st Loan Payment (Mortgage Principal & Interest) *HOA Property Tax Total Housing Payment before Tax Deduction benefit / Monthly **Tax deduction estimate using ~ 30% bracket

NET Total Housing cost After Tax Deduction Benefit


(**Consult with your CPA -this is for refernce only) Total Cash Needed for purchase (DownPay +2% closing cost) Minimum NET Yearly Income needed (after ALL debts) 63000 68000 70000

1,976
44,400

2,018
45,600

2,039
46,200

2,060
46,800

2,081
47,400 PMI

Debt Ratio Must be <45% 46.58% 43.16% 41.92% 47.62% 44.12% 42.86% 48.15% 44.60% 43.33% 48.67% 45.09% 43.80%

49.19% 45.57% 44.27%

*HOA Facilities: Gym, Snooker, Swimming pool, Jacuzzi, Sauna, TableTennis,Den, Party Area, Too many to list - please see photos *HOA Fees: $422 (Cover: Water, Fire & Hazard Insurance, Garbage, Roof, Bld Exterior, All Common facilities)

Cost & Cash Requirement Analysis for:

Condo with 20% Downpayment

3735 Terstena Pl #156, Santa Clara

Date: Oct 23 2012

To buy any Bay Area home with 3% to 5% downpay ONLY Visit/Contact: www.HomeBuyerHelps .com By: Alex Aung (Broker/Owner) Tel: 408-646-4622

On Yelp: Name: Alex Aung City: Cupertino AlexAungRealEstate@Gmail.com 20% DOWN -Condo / Conventional Program , 1st loan amount < 417K (keeping under conforming amount for best rate)
30 yr Interest Rate Number Of Payment Total Monthly Debt Purchase Price Less Buyer's 20%
3.75 (Interest rate changes daily until it is locked & Rate can NOT be locked until lender has seller's signed contract) 360 (For 10% Rate is reflective of lender paid PMI) 0 370000 380000 76000 76000 304000 ($1,408) 80.00% 1,408 422 396 2,226 404 385000 77000 77000 308000 ($1,426) 80.00% 1,426 422 401 2,249 409 390000 78000 78000 312000 ($1,445) 80.00% 1,445 422 406 2,273 414 395000 79000 79000 316000 ($1,463) 80.00% 1,463 422 411 2,297 420

Down Payment

74000 74000 296000 ($1,371) 80.00% 1,371 422 385 2,178 393

Total Down Payment Help 1st Loan MUST be <417K fr best rates 1st loan Monthly LTV 1st Loan Payment (Mortgage Principal & Interest) *HOA Property Tax Total Housing Payment before Tax Deduction benefit / Monthly **Tax deduction estimate using ~ 30% bracket

NET Total Housing cost After Tax Deduction Benefit


(**Consult with your CPA -this is for refernce only) Total Cash Needed for purchase (DownPay +2% closing cost) Minimum NET Yearly Income needed (after ALL debts) 63000 65000

1,785
81,400

1,822
83,600

1,840
84,700

1,859
85,800

1,877
86,900 PMI

Debt Ratio Must be <45% 41.49% 40.21% 42.39% 41.09% 42.85% 41.53% 43.30% 41.97%

43.75% 42.40%

*HOA Facilities: Gym, Snooker, Swimming pool, Jacuzzi, Sauna, TableTennis,Den, Party Area, Too many to list - please see photos *HOA Fees: $422 (Cover: Water, Fire & Hazard Insurance, Garbage, Roof, Bld Exterior, All Common facilities)