Closing Costs
Tue, Sep 07, 2010 3:02 PM
This rate quote is based on a loan amount of $228,950.00.
| 30 Year FHA Fixed |
| Interest Rate |
Discount Points |
Payment |
APR |
Margin |
Lifetime Cap |
| 4.500% |
0.000 |
$1,160.06 |
5.169% |
N/A |
N/A |
| Loan Fees |
|
|
|
| Credit Report |
$ |
20.00 |
|
| Closing or Escrow Fee |
$ |
183.00 |
|
| Title Insurance |
$ |
349.00 |
|
| Recording Fees |
$ |
100.00 |
|
| FHA Mortgage Insurance Premium |
$ |
5,151.38 |
|
| Total Loan Fees |
$ |
5,803.38 |
|
| 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 $28.23 |
$ |
423.40 |
|
| Home Owners Insurance |
$ |
TBD |
|
| Property Tax |
$ |
TBD |
|
| Total Prepaid Items |
$ |
423.40 |
|
| Origination and Discount Points |
|
|
|
| Origination Fees |
$ |
2,289.50 |
|
| Discount Points |
$ |
0.00 |
|
| Total Closing Costs |
$ |
8,516.28 |
|
| Apply Now! |
The above payment reflects principal and interest only.
Rates are subject to change without notice.