First Team Mortgage
 Knowledge is Power
836 1/2 Dickson Hill
Petaluma, CA 94952
Tel: (800) 696-7570
(530) 589-1276
Mo. Income
$7,000
   Prepared by
Tax Bracket
28%
   Michael Donish
  Date Prepared: 5/12/2003
FICO
590
The purpose of this analysis is to help you make an informed decision when reviewing your current debt structure.

FOLLOW THESE 3 SIMPLE STEPS:

1. CURRENT LIABILITIES displays the current liabilities information that we ahve on file for you.

2. RECOMMENDED DEBT STRUCTURE shows how you can consolidate your debt and save hundres of dollars.

3. TERM REDUCTION shows you how you can take our recommended monthly savings and save thousands on interest AS WELL AS pay off your loan sooner!
Debt Free Analysis
 Client B
xxx Northview Road
Your Town, FL 328xx

CURRENT
LIABILITIES
 Your current debt structure
Type Creditor
Rate
Balance
Payment
Tax Ded.
Debt Free In
Mortgage Chase Manhattan
8.150%
$190,000
$1,414
$361
25.67 yrs.
Mortgage Money Tree
9.000%
$22,000
$223
$46
13.08 yrs.
Auto Toyota
8.000%
$16,525
$452
$0
3.50 yrs.
Credit Card Visa
16.000%
$8,125
$275
$0
3.15 yrs.
Credit Card Master Card
14.000%
$7,950
$250
$0
3.33 yrs.
Credit Card Discover
16.000%
$3,925
$200
$0
1.91 yrs.
Totals (Paid-Off Items)
$248,525
$2,815
$408
RECOMMENDED
DEBT STRUCTURE
 Our proposed debt structure
Program Terms
Rate
Balance
Payment
Tax Ded.
1st New Program 360
7.150%
$262,000
$1,770
$437
2nd 180
0.000%
$0
$0
$0
Totals
$262,000
$1,770
$437
PAYMENT SAVINGS
Savings based on our Debt Free proposal
Savings
Monthly
Quarterly
Annually
Before
$2,815
$8,444
$33,775
After
$1,770
$5,309
$21,235
Totals
$1,045
$3,135
$12,541
TERM REDUCTION
Suggestions to become Debt Free quicker!
Pre-payment
Years
Equity Increase
$600
5.0
$43,123
8.0
$77,418
12.0
$136.190
Loan Pay Off
15.0
$208,134
Interest Savings
ASSET ACCUMULATION
Savings based on our current recommendations
Asset Specs.
Benefit After x yrs
Opening Balance
$0
5
$33,564
Rate
9.000%
8
$62,236
Payment
$445
15
$168,391
NOTES

Small changes in your debt structure can make a life changing difference in your financial future. when you're ready to refinance or buy a new home, be sure to call us first. With a simple phone call, you can apply for a loan, get advance loan approval, and lock in your interest rate! Just call our dedicated team of Home Loan Experts at (800) 696-7570.
If you have any friends or family that would ike to receive our
Debt Free Analysis Report, please call us today!
*NOTICE: Information provided is time-sensitive material. Rates, programs, fees and points are subject to change without notice. If you are applying for an Adjustible Rate Mortgage payments and interest rates will change. Payments, interest rates and loan balances are estimates only. Your amount may be different. This is not a loan commitment, nor is it a guarantee of any kind.