Mortgage Comparison

	             Current Mortgage	     Mortgage Offered	      Mortgage Renewal
                      (scenario 1)            (scenario 2)            (scenario 3)
Principal Amount	354,000	              347,000	               339,000
Rate	                5.19	              2.79	               3.5
Amortization	        40	              30	               30
Term	                 5	              5	                       5
Monthly Payment	         1,743	              1,421	               1517
Principal Paid	        15,325	              39,782	               35,035

Interest Paid at the
end of 5 year term	89,291	              45,478	               55,990

O/S balance at the
end of term             339,675               307,218                  303,940