Mortgage Rates Calculator

This material has been prepared and contains indicative terms only. All material contained herein, including proposed terms and conditions, is for discussion purposes only. The spreadsheet, supplied in good faith by Goldman Sachs ("GS"), is based upon certain factors, assumptions and historical information as GS may in its absolute discretion have considered appropriate; however, GS does not represent that the spreadsheet or any information derived from the spreadsheet is accurate or complete and accepts no liability in relation thereto. This spreadsheet may not be similar to the pricing model used by GS or its affiliates for their own purposes, and there is no assurance that the data inputs you use or the quantitative output you obtain from the spreadsheet will be the same as those which GS or its affiliates may use for or obtain from their own proprietary models or which you may obtain from other sources, including, but not limited to, models or valuations received from another dealer. Values generated through use of the data or spreadsheet may not reflect actual prices or values that would be available in the market at the time that the user may want to value, close out or transfer the particular transaction, either with or through GS or any other party.

The quantitative output that you may obtain by your use of the spreadsheet is for information purposes only. All pricing levels are indicative, and there is no representation that any transaction can or could have been effected at such prices. Valuations derived from the spreadsheet may not reflect the value of the positions carried on the books and records of GS or their affiliates.

The spreadsheet should not be relied upon for the maintenance of your books and records or for any tax, accounting, legal or other purposes. GS makes no warranty whatsoever, express or implied, including, but not limited to, warranties as to correctness, quality, accuracy, timeliness, pricing, reliability, performance, continued availability or completeness of the data, inputs or spreadsheet; nor are there any implied warranties of merchantability or fitness for a particular purpose in respect of the spreadsheet. GS shall have no responsibility to provide any corrections, updates or releases in connection herewith.

GS shall have no liability, contingent or otherwise, to the user or to third parties, or any responsibility whatsoever, for the correctness, quality, accuracy, timeliness, pricing, reliability, performance or completeness of the data or formulae provided herein or for any other aspect of the performance of this spreadsheet. This spreadsheet may involve a series of approximations with varying degrees of accuracy. In no event will GS be liable for any special, indirect, incidental or consequential damages which may be incurred or experienced on account of the user using the data provided herein or this spreadsheet, even if GS has been advised of the possibility of such damages. GS will have no responsibility to inform the user of any difficulties experienced by GS or third parties with respect to the use of the spreadsheet or to take any action in connection therewith.

The fact that GS has made the spreadsheet or any other materials available to you constitutes neither a recommendation that you enter into or maintain a particular transaction or position nor a representation that any transaction is suitable or appropriate for you. Transactions involving derivative products may involve significant risk, and you should not enter into any transaction unless you fully understand all such risks and have independently determined that such transaction is appropriate for you. GS does not provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel. GS is acting in the capacity of an arm's-length contractual counterparty to the user in connection with any transaction GS may enter into with the user and not as a financial advisor or a fiduciary. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of this material that are necessary to support any U.S. federal income tax benefits, without GS imposing any limitation of any kind. Further information regarding this material may be obtained upon request.