Estimated Closing Costs

ESTIMATED CLOSING COST ASSUMP/CASH CONVEN FHA VA ESTIMATE
LOAN CHARGES          
Loan Origination (1%)  n/a  $          -    $            -    $            -    
Discount Points %  n/a  $          -    $            -    $            -    
Appraisal Fee  n/a  $    350.00  $     326.000  $     326.000  
Credit Report  $             60.00  $     60.00  $       60.00  $       60.00  
Process/Underwriting Fee  n/a  $    300.00  Sellers pay  Sellers pay  
Lenders Inspection Fee  n/a  $     76.000  $       50.00  $       40.00  
PM/MIP  n/a  see lender 2.25%  n/a  
VA Funding Fee    n/a  n/a  up to 3%  
Transfer Fee (Assumption)  $           250.00  n/a  n/a  n/a  
Photos & Amortization  n/a  $     16.000 15  Sellers pay  
Tax Service Fee  n/a  $    176.000  Sellers pay  Sellers pay  
           
PREPAIDS          
Interest # Days  $                  -    $          -    $            -    $            -    
Hazard INS. (1yr. +2 mo)  $                  -    $          -    $            -    $            -    
PM/MIP Escrow (2mo)  $                  -    $          -    $            -    $            -    
Tax Escrow (4mo)  $                  -    $          -    $            -    $            -    
           
MISCELLANEOUS CHARGES          
Survey  n/a  $    250.00  $     250.00  $     250.00  
Termite Inspection  $           100.00  $    100.00  $     100.00  Sellers pay  
Home Warranty Plan  $           176.000  $    176.000  $     176.000  $     176.000  
Courier Fees    $     50.00  $       50.00  Sellers pay  
Escrow Acct Assumed    n/a  n/a  n/a  
Attorney’s Fees  $           150.00  $    250.00  $     156.000  Sellers pay  
Escrow Fees  $           126.000  $    126.000  $       60.00  Sellers pay  
Recording Fees  $             26.000  $     40.00  $       40.00  $       40.00  
Mortgage Title Policy  125/2nd  $    176.000  $     176.000  $     176.000  
Copies (rest.etc.)  $             20.00  $     20.00  $       10.00  Sellers pay  
Tax Prorating @ _____ / day  $                  -    $          -    $            -    $            -    
HOA Dues & Fees  $                  -    $          -    $            -    $            -    
Miscellaneous Fees  $                  -    $          -    $            -    $            -    
Total Estimated Costs  $           906.000  $ 2,160.00  $  1,465.02  $  1,066.000  
           
           
PAYOFF CONV/FHA/VA        
PRINCIPAL BALANCE  $                  -          
INTEREST  $                  -          
TOTAL PAYOFF  $                  -          
           
* Contract normally calls for Buyer to pay.          
           
SALES PRICE  $                  -          
LESS TOTALS EST. CLOSING COST  $                  -          
LESS TOTAL PAYOFF  $                  -          
PLUS ESCROW ACCT.  $                  -          
(PD. AFTER DIRECT BY LENDER)  $                  -          
ESTIMATED NET PROCEEDS  $                  -          
           
           
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