Mechanic by trade all around handy man

Borrower: ROBY KING

Co-Borrower:

Project Address: 4722 CLEAR CREEK RD

DALLAS, TX 75232

Phone: 972-***-****

Email: ********@*****.***

Loan Agreement Number: 832749 Date: 12/09/2024

Installation

Contractor:

American Power

Company

Number of Payments Amount of Payments When Payments are Due 16 $181.01 Monthly, beginning 12/25/2024

281 $256.10 Monthly, beginning 04/25/2026

1 $250.78 09/25/2049

Term: 25 Years

Loan Start Date: 09/25/2024

First Payment Date1: 12/25/2024

Maturity Date: 09/25/2049

Choice Annual Percentage Rate

(APR)*:

6.99%

Choice Balance Date (est.): 03/25/2026

Choice Balance Target Amount

(est):

$25,146.79

Total Amount Financed: $34,710.00

Total of Payments2: $75,111.04

Loan Disbursement Schedule (est.):

Initial Disbursement: $10,121.43

Install Complete Confirmation: $24,588.57

Adjustment Disubursement: $433.88

LOAN CLOSING CERTIFICATE

SYSTEM DESCRIPTION

PAYMENT TERMS

LOAN SUMMARY

*You indicated in your application that you will make loan payments via Automated Clearing House (ACH). Therefore, your annual percentage rate (APR) includes a 0.5000% reduction. The APR will increase by 0.5000% on the first calendar day of the next billing period if you terminate ACH payments or are not current on your loan payments. An increase will take the form of higher payment amounts and may cause additional payments.

1 Please refer to your Loan Agreement for circumstances under which the First Payment Date stated here may be earlier. 2 Total of payments does not consider any prepayments or changes in method of payment selected (i.e. ACH or check).

Contact this candidate