Closing Costs

Mon, Aug 23, 2010 1:15 PM

This rate quote is based on a loan amount of $165,000.00.

5/1 ARM
Interest Rate Discount Points Payment APR Margin Lifetime Cap
3.500% 0.000 $740.92 3.473% 2.250 5.000
Loan Fees      
Appraisal Fee $ 450.00
Credit Report $ 18.00
Application Fee $ 0.00
Tax Related Service Fee $ 80.00
Processing Fee $ 300.00
Underwriting Fee $ 695.00
Wire Transfer Fee $ 35.00
Closing or Escrow Fee $ 250.00
Document Preparation Fee $ 0.00
Title Insurance $ 425.00
Recording Fees $ 128.00
Total Loan Fees $ 2,381.00  
Prepaid Items
The following items may be required for you to prepay in escrow. These are not additional fees, they are expenses which are prepaid to cover items such as homeowners insurance, initial interest payment on your new mortgage, and mortgage insurance [if required].
15 Days of Interest at $15.82 $ 237.33  
Home Owners Insurance $ TBD  
Property Tax $ TBD  
Total Prepaid Items $ 237.33  
Origination and Discount Points      
Origination Fees $ 0.00  
Discount Points $ 0.00  
Total Closing Costs $ 2,618.33  
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The above payment reflects principal and interest only.

Rates displayed are for 30 day lock-in periods and are subject to change without notice. Eligibility for quoted rates and/or loan fee's may change with differing loan amounts, loan products and/or longer lock periods. Thousands of different loan programs available call or email us for details. Subject to underwriter approval. Not all applicants will be approved.


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