BelalM

Computation of the 709923 is shown in Exhibit 4.

400Mill Prin, 8.125% WAC on Collateral, Month 1, but 4 Months seasoned.
Mortgage Pmt=2975868
Interest = 2500000 (Paying 7.5% per month)
SMM=0.00111

Prin=267535
Prepayment=0.00111(400Mill-267535)=442389

Total Prin Paid=442389+267535=709923

CP