|
Down Payment |
|
|
|
|
if known Est. |
|
Down Payment
|
% |
Annual Taxes |
$
5,000 |
|
Purchase Price
(no commas please) |
|
Hazard Ins |
$ 625 |
|
Loan Amount |
|
Monthly HOA |
$ 60 |
|
LTV |
% |
ENTER RATE |
% |
|
|
|
|
|
|
TOTAL HOUSING PAYMENT |
|
MONEY NEEDED |
|
|
P & I |
|
Down Payment |
|
|
Secondary Financing |
|
Closing Costs: |
__________ |
|
Property Taxes |
|
PMC Mortgage Fees |
|
|
Hazard Ins |
|
Appraisal, Underwriting... |
|
|
Mortgage Ins. |
|
Settlement Company Fees |
|
|
HOA |
|
State/County/City Rec. |
|
|
TOTAL HOUSING PAYMENT |
|
PrePaids:Escrows |
|
|
|
|
TOTAL MONEY NEEDED |
|
|
DETAIL OF ESTIMATED COSTS |
|
Purchase Price |
|
|
|
|
Total $ Borrowed |
|
|
|
|
ITEMS IN CONNECTION WITH
LOAN - No Points |
DETAIL OF ESTIMATED
PRE-PAIDS |
|
Appraisal |
350 |
Interest (est. 5 days) |
394 |
|
Credit Report |
16 |
Hazard Insurance: |
|
|
Underwriting |
400
|
1st Year Premium |
625 |
|
Processing |
95
|
Escrow |
104 |
|
Flood Cert. |
20
|
Property Tax Escrow |
1000 |
|
AUS LP |
20
|
|
$ 2,123 |
|
Tax Service |
85 |
|
|
|
|
|
These Figures Are
Estimates. |
|
TITLE CHARGES (Settlement Company) |
Some Other Common Expenses
are: |
|
Settlement |
300
|
Upfront Reserves or Premiums for |
|
Doc. Prep. |
195
|
HOA or Condo Fees, Home Inspection, |
|
Courier |
35
|
Termite Inspection, Real Estate Company |
|
Title Insurance (Lenders' Cov) |
1,500
|
Administrative Fees. |
|
Title Insurance (Owners' Cov) |
600 |
|
|
|
Survey |
300 |
|
|
|
GOVERNMENT RECORDING &
TRANSFER CHARGES |
|
|
|
State Transfer Tax |
2,250 |
|
|
|
County Transfer Tax |
747 |
|
|
|
Record Deed |
33 |
|
|
|
Deed of Trust |
46 |
|
|
|
|
|
|
|
TOTAL COST |
$6,992 |
|
|
|
DISCLAIMER:
The prequalification figures above are based upon conventional program
guidelines. Calculations by this tool are assumed to be accurate,
but are not guaranteed. Further review is necessary to obtain a faithful
qualification. If you have less than 20% equity in your home, a monthly
mortgage insurance payment may be required. |