Debt Service School Fields Playgrounds (2) — File 207607

Debt Service Calculator 1) $752,000 2) Enter borrowing conditions: Interest Rate (e.g., 3.5% as 3.5): 3.7500 Term ( enter 5 or more) 15 3) Indicate ("x") payment type. Check both for comparisons. Level Debt Service x Level Principal Projected annual payment Level Debt Service $66,459 Level Principal (Year One) Principal & Interest Interest only Level Debt Service $996,881 $244,881 Level Principal Year Level debt service ($) 1 66,459 2 66,459 3 66,459 4 66,459 5 66,459 6 66,459 7 66,459 8 66,459 9 66,459 10 66,459 11 66,459 12 66,459 13 66,459 14 66,459 15 66,459 Projected total payments over term. Enter amount to be borrowed. ESTIMATED DEBT SERVICE -FIELD/SCHOOL PLAYGROUND IMPROVEMENTS -PARK STABILIZATION FUND - 2/28/2019