Original Loan Balance:
Interest Rate:
%
Interest Accrual Type:
Amortization Term:
months
First Payment Date: mm/dd/yyyy

Maturity Date:

Defeasance Date:



   KEY ASSUMPTIONS
Monthly P&I Payment
---   
Loan Balance at Defeasance
---   
Balloon Amount
---   
Delayed Quotes (15 mins.)
2 yr.
2.447%
3 yr.
2.346%
5 yr.
3.185%
10 yr.
3.889%

   SECURITIES
Securities Cost
---   
Defeasance Premium
---   

   ESTIMATED THIRD-PARTY FEE
Servicer Processing
---   
Servicer Legal
---   
Accountant
---   
Custodian
---   
Rating Agencies
---   
Successor Borrower
---   
Sub-Total
---   

   ADVISORY FEE
Consultant
---   

   TOTAL
Total Defeasance Cost
---