Summary (1/4/12)

• Current P&I Payment = $2,268.28– 4.375% with 12 Years and 5 Months left ($337,973.72)

• Current Auto Payment = $414.24– 2.9% with 53 Payments Left ($21,954.72)

• Current Total Payments = $2,682.52 ($359,928.44)• Refinance– 1 Point at Closing = $2,850– $285,000 for 15 Years @ 3.375% for 3.581% APR– New Mortgage P&I Payment = $2,019.97– Savings Per Month = $662.55– 31 More Months = $ 62,619.07– Total Payments = $363,594.60

1/4/12

1/4/12

1/4/12

Call on 1/6/12

• Talk to a Loan Officer 1.800.586.9861– Mon. - Fri. 8 a.m. - 11 p.m. ET– Sat. 8 a.m. - 8 p.m. ET

• Service for existing loans 1.800.669.6607• Spoke with loan officer Kevin Knight (603-767-4771

Bedford, NH)

Call on 1/6/12, Cont.

• 15 year fixed for $285,000– 0 points 3.625%, P&I $2,054.95– 1 point 3.375%, P&I $2,019.97 (82 months to recover $2,850)

• 10 year fixed for $285,000– 0 point 3.375%, P&I $2,801.59– 1 point 3.000%, P&I $2,751.98 (58 months to recover $2,850)

• Closing costs $2,500 total– $465 on CC for appraisal & credit report– $2,000 can be taken out of loan amount leaving $283,000

• Payoff of $261,000 for mortgage gives us a check for $22,000 at the closing; after we pay $21,000 for car, we have $1,000 left

• Break even in 29 months– 261,000 * 4.375 / 100 / 12 = 951.56 interest/mo.– 285,000 * 3.625 / 100 / 12 = 860.94 interest/mo.– 2,500 / (947.92 – 860.94) = 28 months– Would be 16 months if we only did the $261,000

• Early (12 year payoff) P&I is $2,443

Call on 1/6/12, Cont.

• 15 year fixed for $261,000– 0 points 3.625%, P&I $1,881.91

• Kevin ran the credit check and it came back good; I paid $465 via credit card to lock in and start the refinance process– Will email two forms (IRS Tax Return Release and Select

Accurate Title) to return by 1/11/12– Should hear from appraiser by 1/13/12

Call on 1/6/12, Cont.

Loan Monthly Total Monthly TotalDescription Amount Term Points Rate P&I Total Savings Savings Interest Interest

Current Mort. $260,407 12 yr, 5 mo 4.375 $2,268.28 $337,973.72Current Car $20,733 4 yr, 5 mo 2.9 $414.24 $21,954.72Total Curent $281,140 $2,682.52 $359,928.44

Option 1 $285,000 15 0 3.625 $2,054.95 $369,891.00 $627.57 -$9,962.56 $860.94 $154,968.75Option 2 $285,000 15 1 3.375 $2,019.97 $363,594.60 $662.55 -$6,516.16 $801.56 $144,281.25Option 3 $285,000 10 0 3.375 $2,801.59 $336,190.80 -$119.07 $23,737.64 $801.56 $96,187.50Option 4 $285,000 10 1 3 $2,751.98 $330,237.60 -$69.46 $26,840.84 $712.50 $85,500.00Option 5 $261,000 15 0 3.625 $1,881.91 $360,698.52 $386.37 -$770.08 $788.44 $141,918.75Option 6 $285,000 12 0 3.625 $2,443.00 $351,792.00 $239.52 $8,136.44 $860.94 $123,975.00

2/8/12

2/8/12