CMS Case Study

Detailed Simulation Assumptions - 03/31/2021

NEW CASHFLOW

PREPAY TYPE

STARTING

EXISTING REPRICING

NEW VOLUME

NEW REPRICING

REP FREQ

CHG CAP

CHG FLOOR

LIFE CAP

LIFE FLOOR

FIXED PER

REP FREQ

CHG CAP

CHG FLOOR

LIFE

LIFE FLOOR

TERM (MTHS)

AMORT (WAM) EXISTING NEW

BALANCE RATE ACCRUAL

INDEX OFFSET RATE

INDEX OFFSET RATE

INDEX OFFSET RATE

CAP

OCI (ASC 320)

1,567 --

30/360

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Cloyd Bank & Trust - Page 68