Variable Rate Mortgages
Thursday, July 22, 2004

	Interest Rate	APR*	Monthly Payment**
1 Yr ARM*	6.00%	6.115%	$599.77
5 Yr Balloon	6.75%	6.993%	$658.46
Lake Lots Hunting Land (1 yr ARM)*	7.00%	7.123%	$665.56
3 Yr Balloon*	6.50%	6.958%	$632.37

*Annual Percentage Rate may increase after consummation of loan
**APRs and Monthly Payments based on $100,000 loan amortized for 360 months with 20% down and 1% origination fee.

© Woodland Bank 2000