* For illustrative purposes only. Actual results may vary based the on the credit quality of the borrower and market conditions. We make no representations regarding the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes.

This calculator is based upon information and assumptions provided by you. Results depend on the variables inputted, and the assumptions underlying the calculation. The results provide broad and general guidelines on the advantages of certain debt financing concepts and does not constitute a recommendation of the sale or purchase of any security. Since past performance and market conditions may not be repeated in the future, your investment goals may not be fulfilled by following advice that is based on the projections herein. Additionally, this report may not reflect all costs, or proceeds received by you. The information contained in the report is not intended as financial, tax or legal advice.