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This worksheet shows what happens as loans are converted to the
new banking laws.
For further details, read “NESARA—What’s In
It For Me?—Don’t Have What You Don’t Want”
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Your current conventional loan data |
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Assume the following four numbers from your current
loan |
|
Amount borrowed |
$100,000 |
$100,000 |
$100,000 |
|
Term of loan in years |
30 |
30 |
30 |
|
Annual interest rate (monetizing fee) |
8.5 |
8.5 |
8.5 |
|
Number of monthly payments made to date |
60 |
180 |
300 |
|
Repayment rate $/$/month |
0.007689135 |
0.007689135 |
0.007689135 |
|
Monthly payment on your conventional loan |
$768.91 |
$768.91 |
$768.91 |
|
Total amount repaid for loan |
$276,808.85 |
$276,808.85 |
$276,808.85 |
|
Cost factor for the loan |
2.768 |
2.768 |
2.768 |
|
Bank profit |
$176,808.85 |
$176,808.85 |
$176,808.85 |
|
Bank profit averaged/month |
$491.14 |
$491.14 |
$491.14 |
|
|
|
|
|
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Retroactively calculate your loan using the new 7F
rules |
|
Monthly bank service fee |
$25.00 |
$25.00 |
$25.00 |
|
Monthly payment minus monthly service fee |
$743.91 |
$743.91 |
$743.91 |
|
New repayment rate $/$/month |
0.007439135 |
0.007439135 |
0.007439135 |
|
Total original 7F loan repayment including service
fee |
$152,569.13 |
$152,569.13 |
$152,569.13 |
|
Cost factor for the 7F loan |
1.526 |
1.526 |
1.526 |
|
Total number of 7F monthly payments |
198.42 |
198.42 |
198.42 |
|
Number of 7F monthly payments remaining |
138.42 |
18.42 |
0.00 |
|
Total 7F loan repayment remaining including service
fee |
$106,434.32 |
$14,164.70 |
$0.00 |
|
|
|
|
|
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Evaluate your loan under the new 7F rules |
|
Amount of conventional loan principal and interest
paid to date |
$46,134.81 |
$138,404.43 |
$230,674.05 |
|
Is the mortgage paid in full? |
No |
No |
Yes |
|
Is principal paid in full? |
No |
Yes |
Yes |
|
Amount still due |
$106,434.32 |
$14,164.70 |
$0.00 |
|
Years remaining to close the new loan |
11.54 |
1.54 |
0.00 |
|
|
|
|
|
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Indentured servitude reduced by (years) |
13.46 |
13.46 |
5.00 |
|
Amount you save |
$124,239.73 |
$124,239.73 |
$46,134.81 |
|