Cities Index.
Exhibit 1 - Payment Plan and Lien Agreement

Corona City Council
November 15, 2023

Document
Exhibit 1 - Payment Plan and Lien Agreement
Meeting
November 15, 2023
Body
Corona City Council
Original file
4.9 MB
Text extracted from the city's file for reading and search. Open the original on corona.legistar1.com. That file is the official record.

*Monthly payment may change based on actual cost for the purchase and installation of the device. $ 45,000.00

6.000%
6 12/1/2023
$ -
$745.78
72 72
$ -
$ 8,696.16
Total payments $ 53,696.16
No. Payment Date
Beginning
Balance
Scheduled
Payment Extra Payment Total Payment Principal Interest Ending Balance 1 12/31/2023 45,000.00 $ 745.78 $ $ - $ 520.78 745.78 $ 225.00 $ 44,479.22 $ 2 1/31/2024 44,479.22 $ 745.78 $ $ - $ 523.38 745.78 $ 222.40 $ 43,955.84 $ 3 2/29/2024 43,955.84 $ 745.78 $ $ - $ 526.00 745.78 $ 219.78 $ 43,429.84 $ 4 3/31/2024 43,429.84 $ 745.78 $ $ - $ 528.63 745.78 $ 217.15 $ 42,901.20 $ 5 4/30/2024 42,901.20 $ 745.78 $ $ - $ 531.27 745.78 $ 214.51 $ 42,369.93 $ 6 5/31/2024 42,369.93 $ 745.78 $ $ - $ 533.93 745.78 $ 211.85 $ 41,836.00 $ 7 6/30/2024 41,836.00 $ 745.78 $ $ - $ 536.60 745.78 $ 209.18 $ 41,299.40 $ 8 7/31/2024 41,299.40 $ 745.78 $ $ - $ 539.28 745.78 $ 206.50 $ 40,760.12 $ 9 8/31/2024 40,760.12 $ 745.78 $ $ - $ 541.98 745.78 $ 203.80 $ 40,218.14 $ 10 9/30/2024 40,218.14 $ 745.78 $ $ - $ 544.69 745.78 $ 201.09 $ 39,673.45 $ 11 10/31/2024 39,673.45 $ 745.78 $ $ - $ 547.41 745.78 $ 198.37 $ 39,126.04 $ 12 11/30/2024 39,126.04 $ 745.78 $ $ - $ 550.15 745.78 $ 195.63 $ 38,575.89 $ 13 12/31/2024 38,575.89 $ 745.78 $ $ - $ 552.90 745.78 $ 192.88 $ 38,022.99 $ 14 1/31/2025 38,022.99 $ 745.78 $ $ - $ 555.67 745.78 $ 190.11 $ 37,467.32 $ 15 2/28/2025 37,467.32 $ 745.78 $ $ - $ 558.44 745.78 $ 187.34 $ 36,908.88 $ 16 3/31/2025 36,908.88 $ 745.78 $ $ - $ 561.24 745.78 $ 184.54 $ 36,347.64 $ 17 4/30/2025 36,347.64 $ 745.78 $ $ - $ 564.04 745.78 $ 181.74 $ 35,783.60 $ 18 5/31/2025 35,783.60 $ 745.78 $ $ - $ 566.86 745.78 $ 178.92 $ 35,216.74 $ 19 6/30/2025 35,216.74 $ 745.78 $ $ - $ 569.70 745.78 $ 176.08 $ 34,647.04 $ 20 7/31/2025 34,647.04 $ 745.78 $ $ - $ 572.54 745.78 $ 173.24 $ 34,074.50 $ 21 8/31/2025 34,074.50 $ 745.78 $ $ - $ 575.41 745.78 $ 170.37 $ 33,499.09 $ 22 9/30/2025 33,499.09 $ 745.78 $ $ - $ 578.28 745.78 $ 167.50 $ 32,920.81 $ 23 10/31/2025 32,920.81 $ 745.78 $ $ - $ 581.18 745.78 $ 164.60 $ 32,339.63 $ 24 11/30/2025 32,339.63 $ 745.78 $ $ - $ 584.08 745.78 $ 161.70 $ 31,755.55 $ 25 12/31/2025 31,755.55 $ 745.78 $ $ - $ 587.00 745.78 $ 158.78 $ 31,168.55 $ 26 1/31/2026 31,168.55 $ 745.78 $ $ - $ 589.94 745.78 $ 155.84 $ 30,578.61 $ 27 2/28/2026 30,578.61 $ 745.78 $ $ - $ 592.89 745.78 $ 152.89 $ 29,985.72 $ 28 3/31/2026 29,985.72 $ 745.78 $ $ - $ 595.85 745.78 $ 149.93 $ 29,389.87 $ 29 4/30/2026 29,389.87 $ 745.78 $ $ - $ 598.83 745.78 $ 146.95 $ 28,791.04 $ 30 5/31/2026 28,791.04 $ 745.78 $ $ - $ 601.82 745.78 $ 143.96 $ 28,189.21 $ 31 6/30/2026 28,189.21 $ 745.78 $ $ - $ 604.83 745.78 $ 140.95 $ 27,584.38 $ 32 7/31/2026 27,584.38 $ 745.78 $ $ - $ 607.86 745.78 $ 137.92 $ 26,976.52 $ 33 8/31/2026 26,976.52 $ 745.78 $ $ - $ 610.90 745.78 $ 134.88 $ 26,365.63 $ 34 9/30/2026 26,365.63 $ 745.78 $ $ - $ 613.95 745.78 $ 131.83 $ 25,751.67 $ 35 10/31/2026 25,751.67 $ 745.78 $ $ - $ 617.02 745.78 $ 128.76 $ 25,134.65 $ 36 11/30/2026 25,134.65 $ 745.78 $ $ - $ 620.11 745.78 $ 125.67 $ 24,514.55 $ 37 12/31/2026 24,514.55 $ 745.78 $ $ - $ 623.21 745.78 $ 122.57 $ 23,891.34 $ 38 1/31/2027 23,891.34 $ 745.78 $ $ - $ 626.32 745.78 $ 119.46 $ 23,265.01 $ 39 2/28/2027 23,265.01 $ 745.78 $ $ - $ 629.45 745.78 $ 116.33 $ 22,635.56 $ 40 3/31/2027 22,635.56 $ 745.78 $ $ - $ 632.60 745.78 $ 113.18 $ 22,002.96 $ 41 4/30/2027 22,002.96 $ 745.78 $ $ - $ 635.77 745.78 $ 110.01 $ 21,367.19 $ 42 5/31/2027 21,367.19 $ 745.78 $ $ - $ 638.94 745.78 $ 106.84 $ 20,728.25 $ 43 6/30/2027 20,728.25 $ 745.78 $ $ - $ 642.14 745.78 $ 103.64 $ 20,086.11 $ 44 7/31/2027 20,086.11 $ 745.78 $ $ - $ 645.35 745.78 $ 100.43 $ 19,440.76 $ 45 8/31/2027 19,440.76 $ 745.78 $ $ - $ 648.58 745.78 $ 97.20 $ 18,792.18 $ 46 9/30/2027 18,792.18 $ 745.78 $ $ - $ 651.82 745.78 $ 93.96 $ 18,140.37 $ 47 10/31/2027 18,140.37 $ 745.78 $ $ - $ 655.08 745.78 $ 90.70 $ 17,485.29 $ 48 11/30/2027 17,485.29 $ 745.78 $ $ - $ 658.35 745.78 $ 87.43 $ 16,826.93 $ 49 12/31/2027 16,826.93 $ 745.78 $ $ - $ 661.65 745.78 $ 84.13 $ 16,165.29 $ 50 1/31/2028 16,165.29 $ 745.78 $ $ - $ 664.95 745.78 $ 80.83 $ 15,500.33 $ 51 2/29/2028 15,500.33 $ 745.78 $ $ - $ 668.28 745.78 $ 77.50 $ 14,832.06 $ 52 3/31/2028 14,832.06 $ 745.78 $ $ - $ 671.62 745.78 $ 74.16 $ 14,160.44 $ 53 4/30/2028 14,160.44 $ 745.78 $ $ - $ 674.98 745.78 $ 70.80 $ 13,485.46 $ 54 5/31/2028 13,485.46 $ 745.78 $ $ - $ 678.35 745.78 $ 67.43 $ 12,807.11 $ 55 6/30/2028 12,807.11 $ 745.78 $ $ - $ 681.74 745.78 $ 64.04 $ 12,125.36 $ 56 7/31/2028 12,125.36 $ 745.78 $ $ - $ 685.15 745.78 $ 60.63 $ 11,440.21 $ 57 8/31/2028 11,440.21 $ 745.78 $ $ - $ 688.58 745.78 $ 57.20 $ 10,751.63 $ 58 9/30/2028 10,751.63 $ 745.78 $ $ - $ 692.02 745.78 $ 53.76 $ 10,059.61 $ 59 10/31/2028 10,059.61 $ 745.78 $ $ - $ 695.48 745.78 $ 50.30 $ 9,364.13 $ 60 11/30/2028 9,364.13 $ 745.78 $ $ - $ 698.96 745.78 $ 46.82 $ 8,665.17 $ 61 12/31/2028 8,665.17 $ 745.78 $ $ - $ 702.45 745.78 $ 43.33 $ 7,962.71 $ 62 1/31/2029 7,962.71 $ 745.78 $ $ - $ 705.97 745.78 $ 39.81 $ 7,256.75 $ 63 2/28/2029 7,256.75 $ 745.78 $ $ - $ 709.50 745.78 $ 36.28 $ 6,547.25 $ 64 3/31/2029 6,547.25 $ 745.78 $ $ - $ 713.04 745.78 $ 32.74 $ 5,834.21 $ 65 4/30/2029 5,834.21 $ 745.78 $ $ - $ 716.61 745.78 $ 29.17 $ 5,117.60 $ 66 5/31/2029 5,117.60 $ 745.78 $ $ - $ 720.19 745.78 $ 25.59 $ 4,397.41 $ 67 6/30/2029 4,397.41 $ 745.78 $ $ - $ 723.79 745.78 $ 21.99 $ 3,673.61 $ 68 7/31/2029 3,673.61 $ 745.78 $ $ - $ 727.41 745.78 $ 18.37 $ 2,946.20 $ 69 8/31/2029 $ 2,946.20 $ 745.78 $ - $ 745.78 $ 731.05 $ 14.73 $ 2,215.15 70 9/30/2029 $ 2,215.15 $ 745.78 $ - $ 745.78 $ 734.70 $ 11.08 $ 1,480.45 71 10/31/2029 $ 1,480.45 $ 745.78 $ - $ 745.78 $ 738.38 $ 7.40 $ 742.07 72 11/30/2029 $ 742.07 $ 745.78 $ - $ 745.78 $ 742.07 $ 3.71 $ (0.00) Total of early payments
Total interest
Note period in years
Start date of Note
Optional extra payments
Scheduled monthly payment
Scheduled number of payments
Actual number of payments
1850 and 1838 Wild Turkey Circle Payment Plan
Payment Plan Amortization Schedule
Note amount Term must be between 1 and 30 years.

Annual interest rate Enter extra payment in column F if any.

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