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Price to be set in advance of identifying a specific buyer. The Affordable Sales Price for each <br />Affordable Unit is determined by using three -bedroom unit and presumed household size of four <br />and by using four -bedroom unit and presumed household size of five. <br />AFFORDABLE SALES PRICE CALCULATIONS <br />JANUARY 1 -MARCH 31, 2025 <br />AHOCO CALCULATIONS: 2024 INCOME STANDARDS <br />ORANGE COUNTY, CALIFORNIA <br />II. Moderate Income; 12a9f HCD Median Income -_gyp w of Income Allotted to HousfnE Expenses <br />A. Income <br />Benchmark Household Size <br />Household Income <br />cA of IncomeAlLocated to Housing <br />Income Allotted to Housing <br />B. On¢o1n9 Exoenses <br />Utility Allowances <br />HOA/lnsurance/Mainten ante <br />Property Taxes (ED 1.16% of Affordable Price <br />Total Expenses <br />C. Income Available for Mortgage <br />D. Affordable Housing Price <br />Supportable Mtg@ 7.23% Interest <br />Home Buyer Down Pymt Qc 5%Affordable Price <br />Maximum Purchase Price <br />1-8drm <br />2-8drm <br />3-13drm <br />4-Bdrm <br />2 <br />3 <br />4 <br />5 <br />$123,840 <br />$139,320 <br />$154,800 <br />$167,160 <br />30% <br />30% <br />3086 <br />3096 <br />$37,150 <br />$41,800 <br />$46,440 <br />$50,150 <br />' $2,592 <br />$3,396 <br />$4,296 <br />$5,268 <br />2,100 <br />2,400 <br />2,700 <br />3,000 <br />4,220 <br />4,6111 <br />5,128 <br />5.445 <br />$8,912 <br />$10,477 <br />$12,124 <br />$13,713 <br />$2a,238 <br />$31,323 <br />$34,316 <br />$36,437 <br />' $345,600 <br />$3a3,300 <br />$420,000 <br />$445,9DO <br />16,200 <br />20,200 <br />_ 22;100 <br />23,500 <br />$36 .sw <br />$403,530 <br />$442,100 <br />$469,400 <br />' Based on the Orange County Hcusing Authority utilities allowances effective as of 1011124. Assumes: Electric Cooking; Electric <br />Heating Electric Water Heater; Be sic Electric; Air Conditioning; Water; Sewer; and Trash. <br />' Eased on a 50 basis points premlum applied to the FfeddIe Mac monthly average, between February 2024 and January 2025 for a <br />fixed interest rate mortgage loan with a 30-year amortization period.. <br />Page 80 <br />