|
EXHIBIT C—Preliminary Debt Service Schedule
<br /> Debt Service Schedule
<br /> Date Principal Coupon Interest Total P+I Fiscal Total
<br /> 01/15/2015 - - -
<br /> 08/01/2015 - - 13,521.28 13,521.28 -
<br /> 02/01/2016 20,000.00 0.500% 12,417.50 32,417.50 45,938.78
<br /> 08/01/2016 - - 12,367.50 12,367.50 -
<br /> 02/01/2017 25,000.00 0.700% 12,367.50 37,367.50 49,735.00
<br /> 08/01/2017 - - 12,280.00 12,280.00 -
<br /> 02/01/2018 25,000.00 0.950% 12,280.00 37,280.00 49,560.00
<br /> 08/01/2018 - - 12,161.25 12,161.25 -
<br /> 02/01/2019 215,000.00 1.150% 12,161.25 227,161.25 239,322.50
<br /> 08/01/2019 - - 10,925.00 10,925.00 -
<br /> 02/01/2020 120,000.00 1.400% 10,925.00 130,925.00 141,850.00
<br /> 08/01/2020 - - 10,085.00 10,085.00 -
<br /> 02/01/2021 190,000.00 1.650% 10,085.00 200,085.00 210,170.00
<br /> 08/01/2021 - - 8,517.50 8,517.50 -
<br /> 02/01/2022 190,000.00 1.850% 8,517.50 198,517.50 207,035.00
<br /> 08/01/2022 - - 6,760.00 6,760.00 -
<br /> 02/01/2023 200,000.00 2.050% 6,760.00 206,760.00 213,520.00
<br /> 08/01/2023 - - 4,710.00 4,710.00 -
<br /> 02/01/2024 200,000.00 2.250% 4,710.00 204,710.00 209,420.00
<br /> 08/01/2024 - - 2,460.00 2,460.00 -
<br /> 02/01/2025 205,000.00 2.400% 2,460.00 207,460.00 209,920.00
<br /> Total $1,390,000.00 - $186,471.28 $1,576,471.28 -
<br /> Dated 1/15/2015
<br /> Delivery Date 1/15/2015
<br /> First Coupon Date 8/01/2015
<br /> First available call date
<br /> Call Price -
<br /> Bond Year Dollars $9,586.78
<br /> Average Life 6.897 Years
<br /> Average Coupon 1.9450882%
<br /> Net Interest Cost(NIC) 1.9450882%
<br /> True Interest Cost(TIC) 1.9371532%
<br /> All Inclusive Cost(AIC) 2.4233520%
<br /> Page 6
<br /> NORTHLAND SFCUR111ES
<br />
|