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BUYER COST CONVENTIONAL ESTIMATE |
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$500,000 No money down payments $6,200 taxes, $4,120.69 monthly payments |
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Property Information: |
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Sale Price: |
$500,000.00 |
Down Payment: |
$0.00 |
Interest Rate: |
7.00 |
Total Payments: |
360 |
Estimated Closing Costs: |
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Loan Orig. Fee: |
$5,050.51 |
Upfront PMI: |
$5,050.51 |
Closing Fee: |
$883.84 |
Deed Stamps: |
$833.33 |
Title Insurance: |
$2,020.20 |
Property Appraisal: |
$300.00 |
Credit Report: |
$40.00 |
Title Search: |
$50.00 |
Recording Fee: |
$60.00 |
Inspection Fee: |
$20.00 |
Document Prep Fee: |
$150.00 |
Tax Service Fee: |
$81.00 |
Survey Fee: |
$200.00 |
UnderWriting Fee: |
$250.00 |
Flood Certification: |
$23.50 |
Total Estimated Closing Costs: |
$15,012.89 |
Estimated Prepaid Expenses: |
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Prepaid Interest: (Closing to First payment date) |
$11,980.93 |
Total Estimated Prepaid Expenses: |
$11,980.93 |
Total Credits: |
Total Credits: |
($0.00) |
Total Cash to Close: |
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Down Payment: |
$0.00 |
Total Cash to Close on 8/1/2008 : |
$15,012.89 |
Monthly Property Taxes: |
$516.67 |
Monthly PMI Payment: |
$244.11 |
Monthly Prin. & Int. Pmt.: (1st payment due 12/1/2008 ) |
$3,360.19 |
Total Monthly Payment: |
$4,120.96 |
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