Relocatees:	enter text	Project No.:	enter text
Address:	enter text	Designation:	enter text
enter text	Parcel No.:	enter text

I.	Existing First Mortgage:
Remaining Principal Balance:	enter	(6)
Interest Rate	enter	(7)
Monthly Payment (Principal/Interest)	enter	(8)
Years Remaining	enter	(9)
II.	Existing Second Mortgage:
Remaining Principal Balance:	enter	(10)
Interest Rate	enter	(11)
Monthly Payment (Principal/Interest)	enter	(12)
Years Remaining	enter	(13)
III.	New Mortgage:
Principal Balance from (6)	enter	(14)
Prevailing fixed interest rate for conventional mortgages	enter	(15)
Monthly Payment (Principal/Interest)	enter	(16)
Term (Years)	enter	(17)

IV.	Calculate present value for a monthly payment based on Item (8) above at a rate of interest based on Item (15) above and the years remaining based on (9) above. (Use fraction of years; i.e., 1.3, 1.5, etc.) (For second mortgage, calculate same as for first mortgage.)

HP 12C Calculations
A	Clear calculator:	f then CLX
B	Enter number of years from (9)	g then n
C	Enter Interest rate from (7)	g then i
D	Enter remaining principal balance (6)	PV	enter
E	Solve for payment	PMT
F	Enter prevailing interest rate (15)	g then i
G	Solve for present value	PV then CHS	enter
H	Increased Mortgage Differential payment (D minus G)	enter

V.	Total Mortgage (Principal) Adjustment Calculate the equivalent mortgage principle adjustment.	enter

ELECTRONIC SIGNATURE CONSENT

By my signature/typewritten name, I declare under penalty of perjury and the laws of the State of Montana that the foregoing is true and correct and contains no willful falsifications or misrepresentations.

Signature (Typed Name)	Date	Place of Signature (City, State)

MDT Relocation Agent