Closing Costs
Thu, Jul 15, 2010 10:08 AM
This rate quote is based on a loan amount of $417,000.00.
| 5/1 Year ARM | ||||||
| Interest Rate | Discount Points | Payment | APR | Margin | Lifetime Cap | |
| 5.000% | 0.000 | $2,238.55 | 6.176% | 2.250 | 10.250 | |
| Loan Fees | |||
| Appraisal Fee | $ | 350.00 | |
| Credit Report | $ | 50.00 | |
| Processing Fee | $ | 400.00 | |
| Document Preparation Fee | $ | 350.00 | |
| Total Loan Fees | $ | 1,150.00 |
| 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 $57.12 | $ | 856.85 | |
| Home Owners Insurance | $ | TBD | |
| Property Tax | $ | TBD | |
| Total Prepaid Items | $ | 856.85 |
| Origination and Discount Points | |||
| Origination Fees | $ | 4,170.00 | |
| Discount Points | $ | 0.00 | |
| Total Closing Costs | $ | 6,176.85 | |
| Apply Now! | |||
The above payment reflects principal and interest only.
All rates subject to change without notice
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559-325-3650
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