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Table 1 No DPA AC Boost Only Amortized DPA DPA Loan with Deferred DPA Assistance Loan No Interest Loan Purchasing Power $469,503.00 $539,580.00 $538,716.00 $567,250.00 $613,639.00 Down Payment $25,000.00 $25,000.00 $25,000.00 $25,000.00 $25,000.00 AC Boost Loan Amount $0.00 $100,000.00 $100,000.00 $100,000.00 $100,000.00 Pleasanton DPA Loan Amount $0.00 $0.00 $100,000.00 $100,000.00 $100,000.00 Final 1st Mortgage Loan Amount $469,503.00 $414,580.00 $311,780.00 $338,888.00 $382,597.00 Interest rate (estimate) 3.25% 3.25% 3.25% 3.25% 3.25% Mortgage payment(P&I) $1,935 $1,804 $1,357 $1,475 $1,667 City DPA monthly payment $0.00 $0.00 $449.04 $277.77 $0.00 (3.5% interest rate assumed) Property tax (1.45%) $567 $652 $651 $685 $741 Hazard Insurance (est.) $50.00 $50.00 $50.00 $50.00 $50.00 TOTAL-front end $2,982 $2 982 $2 982 $2 982 $2,982 (monthly housing payments) 3. Adopt a "Shared Appreciation Loan". Pleasanton's DPA loan would be restructured to a "shared appreciation loan", similarly to the AC Boost (and City of Livermore) DPA loans. Under this loan structure, the loan is interest-free, and the payments are deferred with no monthly payment for 30 years (as described previously). The principal balance amount plus a share of the appreciation becomes due at the end of the 30-year term or when the homeowner sells or transfers the property. For example, if the borrower receives the DPA loan in the amount of$100,000 with a purchase price of$663,0531, the loan amount is 15.08% of the purchase price. Therefore, the share of the appreciation would also be 15.08%. ' This home cost represents what a 4-member household making 120% of the median income can afford. Page 4 of 9