Page 1 of 9

Loan Amortization Schedule

HELP

2008 Vertex42 LLC

Loan Information
Loan Amount
Annual Interest Rate
Term of Loan in Years
First Payment Date
Payment Frequency
Compound Period
Payment Type
Monthly Payment

612,000.00
10.00%
5
3/1/2016
Monthly

Summary
Rate (per period)
Number of Payments
Total Payments
Total Interest
Est. Interest Savings

0.833%
60
773,743.51
161,743.51
0.11
.
.

Monthly
Beginning of Period

12,895.73
[42]

Amortization Schedule
No.

Due Date

Payment

3/1/16

Additional
Payment

Rounding On 1

Interest

Principal

Balance

12,895.73

0.00

12,895.73

599,104.27

4/1/16

12,895.73

4,992.54

7,903.19

591,201.08

5/1/16

12,895.73

4,926.68

7,969.05

583,232.03

6/1/16

12,895.73

4,860.27

8,035.46

575,196.57

7/1/16

12,895.73

4,793.30

8,102.43

567,094.14

8/1/16

12,895.73

4,725.78

8,169.95

558,924.19

9/1/16

12,895.73

4,657.70

8,238.03

550,686.16

10/1/16

12,895.73

4,589.05

8,306.68

542,379.48

11/1/16

12,895.73

4,519.83

8,375.90

534,003.58

10

12/1/16

12,895.73

4,450.03

8,445.70

525,557.88

612,000.00

11

1/1/17

12,895.73

4,379.65

8,516.08

517,041.80

12

2/1/17

12,895.73

4,308.68

8,587.05

508,454.75

13

3/1/17

12,895.73

4,237.12

8,658.61

499,796.14

14

4/1/17

12,895.73

4,164.97

8,730.76

491,065.38

15

5/1/17

12,895.73

4,092.21

8,803.52

482,261.86

16

6/1/17

12,895.73

4,018.85

8,876.88

473,384.98

17

7/1/17

12,895.73

3,944.87

8,950.86

464,434.12

18

8/1/17

12,895.73

3,870.28

9,025.45

455,408.67

19

9/1/17

12,895.73

3,795.07

9,100.66

446,308.01

20

10/1/17

12,895.73

3,719.23

9,176.50

437,131.51

21

11/1/17

12,895.73

3,642.76

9,252.97

427,878.54

22

12/1/17

12,895.73

3,565.65

9,330.08

418,548.46

23

1/1/18

12,895.73

3,487.90

9,407.83

409,140.63

24

2/1/18

12,895.73

3,409.51

9,486.22

399,654.41

25

3/1/18

12,895.73

3,330.45

9,565.28

390,089.13

26

4/1/18

12,895.73

3,250.74

9,644.99

380,444.14

27

5/1/18

12,895.73

3,170.37

9,725.36

370,718.78

28

6/1/18

12,895.73

3,089.32

9,806.41

360,912.37

29

7/1/18

12,895.73

3,007.60

9,888.13

351,024.24

30

8/1/18

12,895.73

2,925.20

9,970.53

341,053.71

31

9/1/18

12,895.73

2,842.11

10,053.62

331,000.09

32

10/1/18

12,895.73

2,758.33

10,137.40

320,862.69

33

11/1/18

12,895.73

2,673.86

10,221.87

310,640.82

34

12/1/18

12,895.73

2,588.67

10,307.06

300,333.76

35

1/1/19

12,895.73

2,502.78

10,392.95

289,940.81

Page 2 of 9

No.

Additional
Payment

Due Date

Payment

Interest

Principal

Balance

36

2/1/19

12,895.73

2,416.17

10,479.56

279,461.25

37

3/1/19

12,895.73

2,328.84

10,566.89

268,894.36

38

4/1/19

12,895.73

2,240.79

10,654.94

258,239.42

39

5/1/19

12,895.73

2,152.00

10,743.73

247,495.69

40

6/1/19

12,895.73

2,062.46

10,833.27

236,662.42

41

7/1/19

12,895.73

1,972.19

10,923.54

225,738.88

42

8/1/19

12,895.73

1,881.16

11,014.57

214,724.31

43

9/1/19

12,895.73

1,789.37

11,106.36

203,617.95

44

10/1/19

12,895.73

1,696.82

11,198.91

192,419.04

45

11/1/19

12,895.73

1,603.49

11,292.24

181,126.80

46

12/1/19

12,895.73

1,509.39

11,386.34

169,740.46

47

1/1/20

12,895.73

1,414.50

11,481.23

158,259.23

48

2/1/20

12,895.73

1,318.83

11,576.90

146,682.33

49

3/1/20

12,895.73

1,222.35

11,673.38

135,008.95

50

4/1/20

12,895.73

1,125.07

11,770.66

123,238.29

51

5/1/20

12,895.73

1,026.99

11,868.74

111,369.55

52

6/1/20

12,895.73

928.08

11,967.65

99,401.90

53

7/1/20

12,895.73

828.35

12,067.38

87,334.52

54

8/1/20

12,895.73

727.79

12,167.94

75,166.58

55

9/1/20

12,895.73

626.39

12,269.34

62,897.24

56

10/1/20

12,895.73

524.14

12,371.59

50,525.65

57

11/1/20

12,895.73

421.05

12,474.68

38,050.97

58

12/1/20

12,895.73

317.09

12,578.64

25,472.33

59

1/1/21

12,895.73

212.27

12,683.46

12,788.87

60

2/1/21

12,895.44

106.57

12,788.87

0.00

Page 3 of 9

No.

Due Date

Payment

Additional
Payment

Interest

Principal

Balance

Page 4 of 9

No.

Due Date

Payment

Additional
Payment

Interest

Principal

Balance

Page 5 of 9

Loan Payment Schedule

HELP

2008 Vertex42 LLC

Loan Amount
$
612,000
Annual Interest Rate
10.00%
Compound Period
Monthly
Term of Loan in Years
5
First Payment Date
3/1/2016
Payment Frequency
Monthly
Payment Type
eginning of Period
Number of Payments
60
Rate (per period)
0.833%
Payment (per period)
12,895.73

Total Payments
Total Interest
Est. Interest Savings

$
$
$

780,636.34
168,636.34
(6,892.72)
.

Recording
Recording Actual
Actual Payments
Payments
This
Thisspreadsheet
spreadsheetprovides
providesan
analternate
alternate
way
wayto
torecord
recordpayments,
payments,assuming
assumingthe
the
same
sameloan
loaninformation
informationas
asininthe
theSchedule
Schedule
worksheet.
worksheet.The
Theactual
actualpayment
paymentisis
recorded
each
pay
period.
recorded each pay period.Any
Anyamount
amount
above
abovethe
thepayment
paymentdue
dueisisused
usedto
topay
payoff
off
the
theprincipal.
principal.IfIfno
nopayment
paymentisismade,
made,the
the
interest
interestdue
dueisisadded
addedto
tothe
thebalance
balance(i.e.
(i.e.
negative
amortization).
This
assumes
negative amortization). This assumesthere
there
are
areno
nopenalties
penaltiesfor
forlate
latepayments,
payments,missing
missing
payments,
or
prepayments,
payments, or prepayments,and
andthat
that
prepayments
prepaymentsgo
gointo
intoeffect
effecton
onthe
thedue
due
date.
date.

Payment Schedule

[42]

Due Date

Payment
Due

Payment

Interest

Principal

3/1/16

12,895.73

12,895.73

0.00

12,895.73

599,104.27

4/1/16

12,895.73

12,895.73

4,992.54

7,903.19

591,201.08

5/1/16

12,895.73

1,500.00

4,926.68

-3,426.68

594,627.76

6/1/16

12,895.73

12,895.73

4,955.23

7,940.50

586,687.26

7/1/16

12,895.73

12,895.73

8,006.67

578,680.59

8/1/16

12,895.73

12,895.73

8,073.39

570,607.20

9/1/16

12,895.73

12,895.73

8,140.67

562,466.53

10/1/16

12,895.73

12,895.73

8,208.51

554,258.02

11/1/16

12,895.73

12,895.73

4,618.82

8,276.91

545,981.11

10

12/1/16

12,895.73

12,895.73

4,549.84

8,345.89

537,635.22

11

1/1/17

12,895.73

12,895.73

4,480.29

8,415.44

529,219.78

12

2/1/17

12,895.73

12,895.73

4,410.16

8,485.57

520,734.21

13

3/1/17

12,895.73

12,895.73

4,339.45

8,556.28

512,177.93

14

4/1/17

12,895.73

12,895.73

4,268.15

8,627.58

503,550.35

15

5/1/17

12,895.73

12,895.73

4,196.25

8,699.48

494,850.87

16

6/1/17

12,895.73

12,895.73

4,123.76

8,771.97

486,078.90

17

7/1/17

12,895.73

12,895.73

4,050.66

8,845.07

477,233.83

18

8/1/17

12,895.73

12,895.73

3,976.95

8,918.78

468,315.05

19

9/1/17

12,895.73

12,895.73

3,902.63

8,993.10

459,321.95

20

10/1/17

12,895.73

12,895.73

3,827.68

9,068.05

450,253.90

21

11/1/17

12,895.73

12,895.73

3,752.12

9,143.61

441,110.29

22

12/1/17

12,895.73

12,895.73

3,675.92

9,219.81

431,890.48

23

1/1/18

12,895.73

12,895.73

3,599.09

9,296.64

422,593.84

24

2/1/18

12,895.73

12,895.73

3,521.62

9,374.11

413,219.73

25

3/1/18

12,895.73

12,895.73

3,443.50

9,452.23

403,767.50

26

4/1/18

12,895.73

12,895.73

3,364.73

9,531.00

394,236.50

27

5/1/18

12,895.73

12,895.73

3,285.30

9,610.43

384,626.07

28

6/1/18

12,895.73

12,895.73

3,205.22

9,690.51

374,935.56

29

7/1/18

12,895.73

12,895.73

3,124.46

9,771.27

365,164.29

30

8/1/18

12,895.73

12,895.73

3,043.04

9,852.69

355,311.60

31

9/1/18

12,895.73

12,895.73

2,960.93

9,934.80

345,376.80

32

10/1/18

12,895.73

12,895.73

2,878.14

10,017.59

335,359.21

No.

Balance
612,000.00

4,889.06
Enter
Enterthe
theamount
amount
paid
in
paid4,822.34
inthis
thiscolumn
column
(principal+interest
(principal+interest
4,755.06
))
4,687.22

Page 6 of 9

Due Date

Payment
Due

Payment

Interest

Principal

Balance

33

11/1/18

12,895.73

12,895.73

2,794.66

10,101.07

325,258.14

34

12/1/18

12,895.73

12,895.73

2,710.48

10,185.25

315,072.89

35

1/1/19

12,895.73

12,895.73

2,625.61

10,270.12

304,802.77

36

2/1/19

12,895.73

12,895.73

2,540.02

10,355.71

294,447.06

37

3/1/19

12,895.73

12,895.73

2,453.73

10,442.00

284,005.06

38

4/1/19

12,895.73

12,895.73

2,366.71

10,529.02

273,476.04

39

5/1/19

12,895.73

12,895.73

2,278.97

10,616.76

262,859.28

40

6/1/19

12,895.73

12,895.73

2,190.49

10,705.24

252,154.04

41

7/1/19

12,895.73

12,895.73

2,101.28

10,794.45

241,359.59

42

8/1/19

12,895.73

12,895.73

2,011.33

10,884.40

230,475.19

43

9/1/19

12,895.73

12,895.73

1,920.63

10,975.10

219,500.09

44

10/1/19

12,895.73

12,895.73

1,829.17

11,066.56

208,433.53

45

11/1/19

12,895.73

12,895.73

1,736.95

11,158.78

197,274.75

46

12/1/19

12,895.73

12,895.73

1,643.96

11,251.77

186,022.98

47

1/1/20

12,895.73

12,895.73

1,550.19

11,345.54

174,677.44

48

2/1/20

12,895.73

12,895.73

1,455.65

11,440.08

163,237.36

49

3/1/20

12,895.73

12,895.73

1,360.31

11,535.42

151,701.94

50

4/1/20

12,895.73

12,895.73

1,264.18

11,631.55

140,070.39

51

5/1/20

12,895.73

12,895.73

1,167.25

11,728.48

128,341.91

52

6/1/20

12,895.73

12,895.73

1,069.52

11,826.21

116,515.70

53

7/1/20

12,895.73

12,895.73

970.96

11,924.77

104,590.93

54

8/1/20

12,895.73

12,895.73

871.59

12,024.14

92,566.79

55

9/1/20

12,895.73

12,895.73

771.39

12,124.34

80,442.45

56

10/1/20

12,895.73

12,895.73

670.35

12,225.38

68,217.07

57

11/1/20

12,895.73

12,895.73

568.48

12,327.25

55,889.82

58

12/1/20

12,895.73

12,895.73

465.75

12,429.98

43,459.84

59

1/1/21

12,895.73

12,895.73

362.17

12,533.56

30,926.28

60

2/1/21

31,184.00

31,184.00

257.72

30,926.28

0.00

No.

Page 7 of 9

No.

Due Date

Payment
Due

Payment

Interest

Principal

Balance

Page 8 of 9

No.

Due Date

Payment
Due

Payment

Interest

Principal

Balance

Total Vehicle Cost

EMI
No. of times

750000
11700
60

Loan amount
DP

612000
138000

P+I
Interest
Total cost

702000
90000
840000