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Attachment A <br />First Mortgage Qualifying Summary <br /> <br />O~_ tion 2 <br /> <br />Purchase Price <br />Marketing and Closing Costs <br /> Total <br /> <br />Buyer's 5 % Minimum Down Payment <br />City 2nd Mortgage to Assist Down Payment <br /> Total to be financed with buyers 1st mortgage <br /> <br />Monthly amount available for housing costs <br />Insurances <br />Property Taxes <br />Homeowners Association Fees <br />Interest Payment to City for 2nd Mortgage <br /> Available for 1st Mortgage <br /> <br />$176,000 <br /> 7.818 <br /> <br />$ 8,800 <br />26,400 <br /> <br />$1,543 <br /> (60) <br /> (183) <br /> (120) <br /> (88)~ <br /> <br />$183,818 <br /> <br />$148,618 <br /> <br />$ 1,092 <br /> <br />I - Assumes a 4 % interest only payment <br /> <br />SB/sy/cf(v,,,s,~..cm <br /> <br />A-1 <br /> <br /> <br />