Total contruct price     3,187,000.00

   20% down payment        637,400.00

   80% loanable balance   2,549,600.00

         DOWN PAYMENT BREAK DOWN:

    20% down payment    637,400.00

    less res. fee                 20,000.00

     net downpayment        617,400.00

    12 mos. to pay           51,450/mos.

          FINANCING COMPUTATION:

    80% loanable balance      2,549,600.00

           SAMPLE BANK COMPUTATION

    5 years                         51,696.69/mo.

   10 years                         30,933.68/mo.

    15 years                         24,365.31/mo.

         SUBJECT FOR APPROVAL PAYMENT TERM:

    20 years                      21,325.88/mo

    25 years                      19,678.23/mo.

          IN HOUSE FINANCING no loan requirement needed

     5 years                        64,743.00/mo

    10 years                        19,678.00/mo