4240.2 REV CHG 3

APPENDIX 11

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

SECTION 245(B) GRADUATED PAYMENT MORTGAGE

WITH INCREASING PAYMENTS FOR 10 YEARS AT 4.90 PERCENT EACH YEAR

MONTHLY INSTALLMENT PER THOUSAND DOLLARS OF ORIGINAL LOAN PROCEEDS

FOR 30 YEAR MORTGAGES WITH ANNUAL CONTRACT INTEREST RATES OF

YEAR 7.75 8.00 8.25 8.50 8.75

1 5.2091 5.3502 5.4931 5.6377 5.7841

2 5.4644 5.6124 5.7622 5.9140 6.0676

3 5.7321 5.8874 6.0446 6.2038 6.3649

4 6.0130 6.1759 6.3408 6.5078 6.6768

5 6.3077 6.4785 6.6515 6.8266 7.0039

6 6.6167 6.7959 6.9774 7.1612 7.3471

7 6.9410 7.1289 7.3193 7.5120 7.7071

8 7.2811 7.4782 7.6779 7.8801 8.0848

9 7.6378 7.8447 8.0542 8.2663 8.4809

10 8.0121 8.2291 8.4488 8.6713 8.8965

REMAINING

PMTS

8.4047 8.6323 8.8628 9.0962 9.3324

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

HUD-Wash., D.C. 8/80

Page 1 (1 of 2)

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4240.2 REV CHG 3

APPENDIX 11

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

SECTION 245(B) GRADUATED PAYMENT MORTGAGE

WITH INCREASING PAYMENTS FOR 10 YEARS AT 4.90 PERCENT EACH YEAR

MONTHLY INSTALLMENT PER THOUSAND DOLLARS OF ORIGINAL LOAN PROCEEDS

FOR 30 YEAR MORTGAGES WITH ANNUAL CONTRACT INTEREST RATES OF

YEAR 9.00 9.25 9.50 9.75 10.00

1 5.9323 6.0821 6.2335 6.3866 6.5412

2 6.2230 6.3801 6.5390 6.6995 6.8618

3 6.5279 6.6927 6.8594 7.0278 7.1980

4 6.8477 7.0207 7.1955 7.3722 7.5507

5 7.1833 7.3647 7.5481 7.7334 7.9207

6 7.5353 7.7255 7.9179 8.1123 8.3088

7 7.9045 8.1041 8.3059 8.5098 8.7159

8 8.2918 8.5012 8.7129 8.9268 9.1430

9 8.6981 8.9178 9.1398 9.3642 9.5910

10 9.1243 9.3547 9.5877 9.8231 10.0609

REMAINING

PMTS

9.5714 9.8131 10.0575 10.3044 10.5539

NOTE: THIS PLAN CAN BE USED ONLY FOR SECTION 245(B) LOANS

\@XQT.RW B. FOSTER - ABS6

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HUD-Wash., D.C. 8/80

Page 1 (2 of 2)

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4240.2 REV CHG 3

APPENDIX 11

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

SECTION 245(B) GRADUATED PAYMENT MORTGAGE

WITH INCREASING PAYMENTS FOR 10 YEARS AT 4.90 PERCENT EACH YEAR

MONTHLY MORTGAGE INSURANCE PREMIUM FACTORS

(PER THOUSAND DOLLARS OF ORIGINAL LOAN PROCEEDS)

PREMIUM FOR 30 YEAR MORTGAGES WITH ANNUAL CONTRACT INTEREST RATES OF

YEAR 10.25 10.50 10.75 11.00 11.25

1 .4210 .4211 .4213 .4214 .4215

2 .4304 .4308 .4312 .4316 .4319

3 .4390 .4397 .4404 .4410 .4417

4 .4467 .4477 .4487 .4496 .4506

5 .4533 .4546 .4559 .4571 .4584

6 .4585 .4602 .4618 .4633 .4649

7 .4622 .4642 .4661 .4680 .4698

8 .4641 .4663 .4685 .4707 .4729

9 .4638 .4663 .4688 .4713 .4737

10 .4610 .4638 .4666 .4693 .4719

11 .4554 .4584 .4613 .4642 .4671

12 .4476 .4508 .4540 .4571 .4601

13 .4391 .4425 .4458 .4491 .4523

14 .4296 .4332 .4367 .4402 .4435

15 .4192 .4229 .4266 .4302 .4338

16 .4076 .4115 .4153 .4191 .4228

17 .3947 .3988 .4028 .4067 .4106

18 .3805 .3847 .3888 .3929 .3969

19 .3648 .3690 .3733 .3774 .3816

20 .3473 .3516 .3560 .3602 .3644

21 .3280 .3324 .3367 .3410 .3453

22 .3066 .3109 .3153 .3196 .3239

23 .2829 .2872 .2914 .2957 .2999

24 .2566 .2608 .2649 .2690 .2731

25 .2276 .2315 .2354 .2392 .2431

26 .1954 .1989 .2025 .2060 .2096

27 .1597 .1628 .1659 .1690 .1721

28 .1203 .1227 .1252 .1276 .1301

29 .0766 .0782 .0799 .0815 .0832

30 .0281 .0288 .0294 .0301 .0307

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

8/80 HUD-Wash., D.C.

Page 2 (1 of 2)

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4240.2 REV CHG 3

APPENDIX 11

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

SECTION 245(B) GRADUATED PAYMENT MORTGAGE

WITH INCREASING PAYMENTS FOR 10 YEARS AT 4.90 PERCENT EACH YEAR

MONTHLY MORTGAGE INSURANCE PREMIUM FACTORS

(PER THOUSAND DOLLARS OF ORIGINAL LOAN PROCEEDS)

PREMIUM FOR 30 YEAR MORTGAGES WITH ANNUAL CONTRACT INTEREST RATES OF

YEAR 11.50 11.75 12.00 12.25 12.50

1 .4216 .4217 .4218 .4219 .4220

2 .4323 .4327 .4330 .4333 .4337

3 .4423 .4430 .4436 .4442 .4447

4 .4515 .4524 .4533 .4541 .4550

5 .4596 .4608 .4619 .4631 .4642

6 .4664 .4679 .4693 .4707 .4721

7 .4716 .4734 .4751 .4768 .4785

8 .4750 .4770 .4790 .4810 .4829

9 .4761 .4784 .4807 .4829 .4851

10 .4745 .4771 .4796 .4821 .4845

11 .4699 .4727 .4754 .4781 .4807

12 .4631 .4660 .4689 .4717 .4745

13 .4555 .4586 .4616 .4646 .4676

14 .4469 .4502 .4534 .4566 .4597

15 .4373 .4407 .4441 .4475 .4507

16 .4265 .4301 .4337 .4372 .4406

17 .4144 .4182 .4219 .4256 .4232

18 .4009 .4048 .4086 .4125 .4162

19 .3857 .3897 .3937 .3976 .4015

20 .3686 .3728 .3769 .3809 .3849

21 .3495 .3537 .3579 .3620 .3661

22 .3281 .3323 .3365 .3406 .3448

23 .3041 .3083 .3124 .3165 .3206

24 .2772 .2812 .2853 .2893 .2933

25 .2470 .2508 .2547 .2585 .2623

26 .2131 .2167 .2202 .2237 .2273

27 .1752 .1783 .1813 .1844 .1876

28 .1326 .1351 .1376 .1401 .1426

29 .0849 .0866 .0883 .0900 .0917

30 .0314 .0320 .0327 .0333 .0340

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

8/80 HUD-Wash., D.C.

Page 2 (2 of 2)

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4240.2 REV CHG 3

APPENDIX 11

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

SECTION 245(B) GRADUATED PAYMENT MORTGAGE

WITH INCREASING PAYMENTS FOR 10 YEARS AT 4.90 PERCENT EACH YEAR

MONTHLY MORTGAGE INSURANCE PREMIUM FACTORS

(PER THOUSAND DOLLARS OF ORIGINAL LOAN PROCEEDS)

PREMIUM FOR 30 YEAR MORTGAGES WITH ANNUAL CONTRACT INTEREST RATES OF

YEAR 12.75 13.00 13.25 13.50 13.75

1 .4221 .4222 .4223 .4224 .4225

2 .4340 .4343 .4346 .4349 .4352

3 .4453 .4458 .4464 .4469 .4474

4 .4458 .4566 .4574 .4581 .4589

5 .4653 .4663 .4674 .4684 .4694

6 .4735 .4748 .4761 .4774 .4786

7 .4801 .4817 .4833 .4848 .4863

8 .4848 .4867 .4885 .4903 .4920

9 .4872 .4894 .4914 .4934 .4954

10 .4869 .4892 .4915 .4938 .4960

11 .4832 .4857 .4882 .4906 .4930

12 .4772 .4799 .4825 .4851 .4877

13 .4704 .4733 .4761 .4788 .4815

14 .4627 .4657 .4687 .4716 .4744

15 .4540 .4571 .4603 .4633 .4664

16 .4440 .4474 .4507 .4539 .4571

17 .4327 .4362 .4397 .4431 .4464

18 .4199 .4236 .4272 .4307 .4342

19 .4054 .4092 .4129 .4166 .4203

20 .3889 .3928 .3966 .4005 .4042

21 .3701 .3741 .3781 .3820 .3859

22 .3488 .3529 .3569 .3609 .3648

23 .3247 .3287 .3327 .3367 .3406

24 .2973 .3012 .3051 .3091 .3129

25 .2661 .2699 .2737 .2774 .2812

26 .2308 .2343 .2378 .2413 .2448

27 .1907 .1938 .1969 .1999 .2030

28 .1451 .1476 .1501 .1527 .1552

29 .0934 .0951 .0969 .0986 .1003

30 .0347 .0354 .0361 .0367 .0374

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HUD-Wash., D.C. 8/80

Page 3 (1 of 2)

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4240.2 REV CHG 3

APPENDIX 11

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

SECTION 245(B) GRADUATED PAYMENT MORTGAGE

WITH INCREASING PAYMENTS FOR 10 YEARS AT 4.90 PERCENT EACH YEAR

MONTHLY MORTGAGE INSURANCE PREMIUM FACTORS

(PER THOUSAND DOLLARS OF ORIGINAL LOAN PROCEEDS)

PREMIUM FOR 30 YEAR MORTGAGES WITH ANNUAL CONTRACT INTEREST RATES OF

YEAR 14.00 14.25 14.50 14.75 15.00

1 .4225 .4226 .4227 .4228 .4228

2 .4355 .4358 .4360 .4363 .4365

3 .4479 .4484 .4488 .4493 .4498

4 .4596 .4603 .4610 .4617 .4623

5 .4703 .4713 .4722 .4731 .4740

6 .4798 .4810 .4822 .4833 .4844

7 .4878 .4892 .4906 .4920 .4933

8 .4938 .4954 .4971 .4987 .5003

9 .4974 .4993 .5012 .5030 .5048

10 .4981 .5002 .5023 .5044 .5064

11 .4954 .4976 .4999 .5021 .5043

12 .4901 .4926 .4950 .4973 .4996

13 .4841 .4867 .4893 .4918 .4942

14 .4772 .4800 .4827 .4853 .4879

15 .4693 .4722 .4571 .4779 .4806

16 .4602 .4633 .4663 .4693 .4722

17 .4497 .4530 .4561 .4593 .4624

18 .4377 .4411 .4444 .4477 .4510

19 .4239 .4274 .4309 .4343 .4377

20 .4080 .4116 .4153 .4188 .4224

21 .3897 .3935 .3972 .4009 .4045

22 .3687 .3725 .3763 .3801 .3839

23 .3445 .3484 .3523 .3561 .3598

24 .3168 .3206 .3244 .3282 .3320

25 .2849 .2886 .2923 .2960 .2996

26 .2483 .2517 .2552 .2586 .2620

27 .2061 .2092 .2123 .2154 .2184

28 .1577 .1602 .1628 .1653 .1678

29 .1021 .1038 .1056 .1073 .1091

30 .0381 .0388 .0395 .0402 .0409

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HUD-Wash., D.C. 8/80

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