Sales Price $240,000.00
  Term   360
  Initial Base Loan $232,800.00
 
  Loan Amount $236,292.00
  Interest Rate   6.00%
  LTV   97.0%
ESTIMATED CLOSING COSTS
BUYER
SELLER
 
ESTIMATED PREPAID ITEMS
BUYER
SELLER
Loan Origination Fee
0.00
0.00
 
Up-Front Mtg.Ins. Premium
 
 
Appraisal Fee
425.00
0.00
 
A) Amount Financed
3,492.00
 
Credit Report Fee
16.00
0.00
 
B) Amount Paid in Cash
 
 
Flood Certification Fee
17.00
0.00
 
Interest for 15 days @ $38.84
582.60
0.00
Title Insurance Binder
50.00
0.00
 
Hazard Ins. Premium for 1st yr
360.00
0.00
Attorney's Fees
 
 
  Hazard Insurance 2 Months
 
 
    (Includes above items)
250.00
0.00
 
    @$30.00 per month
60.00
0.00
Title Insurance
 
 
  3 months taxes @ $200.00 per month
600.00
0.00
    (Includes above items)
866.00
0.00
  TOTAL ESTIMATED PREPAIDS
1602.60
0.00
Recording Fees
40.00
0.00
   
 
 
City/County Tax/Stamps
259.92
0.00
  ESTIMATED INVESTMENT
 
 
Stat Tax/Stamp
732.51
0.00
 
    Down Payment
7200.00
0.00
Survey
250.00
0.00
 
    Estimated Prepaid Items
1,602.60
0.00
Tax Service Fee
77.00
0.00
 
    Estimated Closing Costs
3,628.43
0.00
Realtor Fee
195.00
0.00
 
    Interest Adj. to reflect closing date
(500.00)
 
Underwriting Fee
200.00
0.00
  TOTAL ESTIMATED PREPAIDS
11,931.03
0.00
Doc. Review Fee
250.00
0.00
   
Bob
<900.00>
 
TOTAL ESTIMATED
 
 
   
 
CLOSING COSTS
3,628.43
0.00
   
Eric
<1,181.00>
 
         
 
        Adjusted Total Estimated Investment
ESTIMATED MONTHLY PAYMENT
 
 
       
    Mortgage Principle & Interest
1,416.69
 
       
    Estimated Hazard Insurance
30.00
 
       
    Estimated Mtg Ins. Premium
96.46
 
       
    Estimated Real Estated Taxes
200.00
 
        TOTAL MONTHLY PAYMENT
1,743.15