Mortgage PV System $40,271 Net Cost of PV system
Principal  $         42,934 $2,663 Mortgage Closing Costs (for first mortgage)
Interest 5.75% $42,934 Amount assumed borrowed for PV system
Monthly $250.55
Month Mo. Principal Interest Pd Principal Pd Month Mo. Principal Interest Pd Principal Pd
Apr-03 1  $  42,934.00  $     205.73 $44.82 Jul-04 16  $40,315.11  $   193.18 $57.37
May-03 2  $  42,889.18  $     205.51 $45.04 Aug-04 17  $40,257.74  $   192.90 $57.65
Jun-03 3  $  42,844.14  $     205.29 $45.26 Sep-04 18  $40,200.09  $   192.63 $57.92
Jul-03 4  $  42,798.88  $     205.08 $45.47 Oct-04 19  $40,142.17  $   192.35 $58.20
Aug-03 5  $  42,753.41  $     204.86 $45.69 Nov-04 20  $40,083.97  $   192.07 $58.48
Sep-03 6  $  42,707.71  $     204.64 $45.91 Dec-04 21  $40,025.49  $   191.79 $58.76
Oct-03 7  $  42,661.80  $     204.42 $46.13 Jan-05 22  $39,966.73  $   191.51 $59.04
Nov-03 8  $  42,615.67  $     204.20 $46.35 Feb-05 23  $39,907.69  $   191.22 $59.33
Dec-03 9  $  42,569.32  $     203.98 $46.57 Mar-05 24  $39,848.35  $   190.94 $59.61
Jan-04 10  $  42,522.75  $     203.75 $46.80 Apr-05 25  $39,788.74  $   190.65 $59.90
Feb-04 11  $  42,475.95  $     203.53 $47.02 May-05 26  $39,728.84  $   190.37 $60.18
Mar-04 12  $  42,428.93  $     203.31 $47.24 Jun-05 27  $39,668.66  $   190.08 $60.47
Apr-04 13  $  42,381.69  $     203.08 $47.47 Extra Payment    $39,608.19   $113.91
May-04 14  $  42,334.21  $     202.85 $47.70 Annual Total  $2,299.69
Jun-04 15  $  42,286.51  $     202.62 $47.93
Extra Payment    $  42,238.58   $1,923.47
Annual Total  $  3,062.85
Refinance
Principal  $    39,494.27
Interest 5.00%
Monthly $212.01
Year 3 Month Mo. Principal Interest Pd Principal Pd
Jul-05 28  $  39,494.27  $     164.56 $47.45
Aug-05 29  $  39,446.82  $     164.36 $47.65
Sep-05 30  $  39,399.17  $     164.16 $47.85
Oct-05 31  $  39,351.31  $     163.96 $48.05
Nov-05 32  $  39,303.26  $     163.76 $48.25
Dec-05 33  $  39,255.01  $     163.56 $48.45
Jan-06 34  $  39,206.55  $     163.36 $48.65
Feb-06 35  $  39,157.90  $     163.16 $48.85
Mar-06 36  $  39,109.04  $     162.95 $49.06
Apr-06 37  $  39,059.98  $     162.75 $49.26
May-06 38  $  39,010.72  $     162.54 $49.47
Jun-06 39  $  38,961.24  $     162.34 $49.67
Extra Payment    $  38,911.57   $3,218.97
Annual Total  $  1,961.46
Year 4 Month Mo. Principal Interest Pd Principal Pd
Jul-06 40  $  35,692.60  $     148.72 $63.29
Aug-06 41  $  35,629.31  $     148.46 $63.55
Sep-06 42  $  35,565.75  $     148.19 $63.82
Oct-06 43  $  35,501.93  $     147.92 $64.09
Nov-06 44  $  35,437.84  $     147.66 $64.35
Dec-06 45  $  35,373.48  $     147.39 $64.62
Jan-07 46  $  35,308.86  $     147.12 $64.89
Feb-07 47  $  35,243.96  $     146.85 $65.16
Mar-07 48  $  35,178.80  $     146.58 $65.43
Apr-07 49  $  35,113.37  $     146.31 $65.70
May-07 50  $  35,047.66  $     146.03 $65.98
Jun-07 51  $  34,981.68  $     145.76 $66.25
Extra Payment    $  34,915.42   $4,468.88
Annual Total  $  1,766.99
Year 5 Month Mo. Principal Interest Pd Principal Pd
Jul-07 52  $  30,446.54  $     126.86 $85.15
Aug-07 53  $  30,361.39  $     126.51 $85.50
Sep-07 54  $  30,275.88  $     126.15 $85.86
Oct-07 55  $  30,190.02  $     125.79 $86.22
Nov-07 56  $  30,103.80  $     125.43 $86.58
Dec-07 57  $  30,017.21  $     125.07 $86.94
Jan-08 58  $  29,930.27  $     124.71 $87.30
Feb-08 59  $  29,842.96  $     124.35 $87.66
Mar-08 60  $  29,755.30  $     123.98 $88.03
Apr-08 61  $  29,667.27  $     123.61 $88.40
May-08 62  $  29,578.86  $     123.25 $88.76
Jun-08 63  $  29,490.10  $     122.88 $89.13
Extra Payment    $  29,400.97   $4,383.06
Annual Total  $  1,498.59
Year 6 Month Mo. Principal Interest Pd Principal Pd
Jul-08 64  $  25,017.90  $     104.24 $107.77
Aug-08 65  $  24,910.13  $     103.79 $108.22
Sep-08 66  $  24,801.91  $     103.34 $108.67
Oct-08 67  $  24,693.23  $     102.89 $109.12
Nov-08 68  $  24,584.11  $     102.43 $109.58
Dec-08 69  $  24,474.52  $     101.98 $110.03
Jan-09 70  $  24,364.49  $     101.52 $110.49
Feb-09 71  $  24,254.00  $     101.06 $110.95
Mar-09 72  $  24,143.04  $     100.60 $111.41
Apr-09 73  $  24,031.63  $     100.13 $111.88
May-09 74  $  23,919.75  $       99.67 $112.34
Jun-09 75  $  23,807.40  $       99.20 $112.81
Extra Payment    $  23,694.59   $4,294.25
Annual Total  $  1,220.85
Year 7 Month Mo. Principal Interest Pd Principal Pd
Jul-09 76  $  19,400.33  $       80.83 $131.18
Aug-09 77  $  19,269.15  $       80.29 $131.72
Sep-09 78  $  19,137.43  $       79.74 $132.27
Oct-09 79  $  19,005.15  $       79.19 $132.82
Nov-09 80  $  18,872.33  $       78.63 $133.38
Dec-09 81  $  18,738.94  $       78.08 $133.93
Jan-10 82  $  18,605.01  $       77.52 $134.49
Feb-10 83  $  18,470.52  $       76.96 $135.05
Mar-10 84  $  18,335.46  $       76.40 $135.61
Apr-10 85  $  18,199.85  $       75.83 $136.18
May-10 86  $  18,063.66  $       75.27 $136.74
Jun-10 87  $  17,926.92  $       74.70 $137.31
Extra Payment    $  17,789.61   $4,202.36
Annual Total  $     933.44
Year 8 Month Mo. Principal Interest Pd Principal Pd
Jul-10 88  $  13,587.25  $       56.61 $155.40
Aug-10 89  $  13,431.85  $       55.97 $156.04
Sep-10 90  $  13,275.80  $       55.32 $156.69
Oct-10 91  $  13,119.11  $       54.66 $157.35
Nov-10 92  $  12,961.76  $       54.01 $158.00
Dec-10 93  $  12,803.75  $       53.35 $158.66
Jan-11 94  $  12,645.09  $       52.69 $159.32
Feb-11 95  $  12,485.76  $       52.02 $159.99
Mar-11 96  $  12,325.77  $       51.36 $160.65
Apr-11 97  $  12,165.12  $       50.69 $161.32
May-11 98  $  12,003.79  $       50.02 $161.99
Jun-11 99  $  11,841.80  $       49.34 $162.67
Extra Payment    $  11,679.13   $4,107.26
Annual Total  $     636.04
Year 9 Month Mo. Principal Interest Pd Principal Pd
Jul-11 100  $    7,571.86  $       31.55 $180.46
Aug-11 101  $    7,391.40  $       30.80 $181.21
Sep-11 102  $    7,210.19  $       30.04 $181.97
Oct-11 103  $    7,028.21  $       29.28 $182.73
Nov-11 104  $    6,845.48  $       28.52 $183.49
Dec-11 105  $    6,661.98  $       27.76 $184.25
Jan-12 106  $    6,477.73  $       26.99 $185.02
Feb-12 107  $    6,292.71  $       26.22 $185.79
Mar-12 108  $    6,106.91  $       25.45 $186.56
Apr-12 109  $    5,920.35  $       24.67 $187.34
May-12 110  $    5,733.01  $       23.89 $188.12
Jun-12 111  $    5,544.88  $       23.10 $188.91
Extra Payment    $    5,355.97   $4,008.85
Annual Total  $     328.27
Year 10 Month Mo. Principal Interest Pd Principal Pd
Jul-12 112  $    1,347.12  $        5.61 $206.40
Aug-12 113  $    1,140.71  $        4.75 $207.26
Sep-12 114  $       933.45  $        3.89 $208.12
Oct-12 115  $       725.32  $        3.02 $208.99
Nov-12 116  $       516.33  $        2.15 $209.86
Dec-12 117  $       306.47  $        1.28 $210.73
Jan-13 118  $        95.73  $        0.40 Paid Off
Feb-13 119      
Mar-13 120      
Apr-13 121      
May-13 122      
Jun-13 123      
Extra Payment      
Annual Total  $       21.10