Closing Costs

Thu, Jul 22, 2010 8:15 AM

This rate quote is based on a loan amount of $550,000.00.

30 Year FHA Fixed - Jumbo
Interest Rate Discount Points Payment APR Margin Lifetime Cap
4.990% 0.000 $2,949.16 5.283% N/A N/A
Loan Fees      
Appraisal Fee $ 300.00
Credit Report $ 25.00
Title Insurance $ 250.00
FHA Mortgage Insurance Premium $ 12,375.00  
Total Loan Fees $ 12,950.00  
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 $75.19 $ 1,127.88  
Home Owners Insurance $ TBD  
Property Tax $ TBD  
Total Prepaid Items $ 1,127.88  
Origination and Discount Points      
Origination Fees $ 0.00  
Discount Points $ 0.00  
Total Closing Costs $ 14,077.88  
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The above payment reflects principal and interest only.

 

NMLS #1403

All loans arranged thru 3rd party provider

We arrange but do not make loans,

We act as mortgage brokers in all licensed states


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