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Covenant Village: 9% Tax Credit: $1.6M PBC

Schedule L: Debt Service Schedule

Annual from opening

  Total 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
661 1st Mortgage Interest 2,187,419   85323 169311 167385 165267 162940 160382 157569 154478 151079 147344 143237 138724 133762 128307 122312
671 1st Mortgage Amortization 548998   9036 19408 21334 23451 25778 28337 31149 34241 37639 41375 45481 49995 54957 60411 66407
Subtotal: 2,736,418   94359 188718 188718 188718 188718 188718 188718 188718 188718 188718 188718 188718 188718 188718 188718
                                   
4 662 2cd Mortgage Interest 116000   4000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000
4 672 2cd Mortgage Amortization                                  
Subtotal: 116000   4000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000 8000
                                   
1 663 3rd Mortgage Interest 435300   12075 24700 25451 26225 27023 27845 28692 29565 30464 31391 32345 33329 34343 35387 36464
1 673 3rd Mortgage Amortization -435300   -12075 -24700 -25451 -26225 -27023 -27845 -28692 -29565 -30464 -31391 -32345 -33329 -34343 -35387 -36464
Subtotal:                                  
                                   
7 641 Credit Enhancement 162000 6000 12000 12000 12000 12000 12000 12000 12000 12000 12000 12000 12000 12000 12000    
                                   
Total 3,014,418 6000 110359 208718 208718 208718 208718 208718 208718 208718 208718 208718 208718 208718 208718 196718 196718


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