Closing Costs
Mon, Feb 23, 2009 6:05 PM
This rate quote is based on a loan amount of $625,500.00.
| 30 Year Fixed Agency High Balance |
| Interest Rate |
Discount Points |
Payment |
APR |
Margin |
Lifetime Cap |
| 4.250% |
2.915 |
$3,077.08 |
4.915% |
N/A |
N/A |
| Loan Fees |
|
|
|
| Appraisal Fee |
$ |
385.00 |
|
| Credit Report |
$ |
16.50 |
|
| Mortgage Broker Fee |
$ |
14,595.00 |
|
| Tax Related Service Fee |
$ |
65.00 |
|
| Processing Fee |
$ |
300.00 |
|
| Administration Fee |
$ |
850.00 |
|
| Wire Transfer Fee |
$ |
25.00 |
|
| Document Preparation Fee |
$ |
125.00 |
|
| Notary Fees |
$ |
80.00 |
|
| Recording Fees |
$ |
125.00 |
|
| City/County Tax/Stamps |
$ |
1,204.08 |
|
| Total Loan Fees |
$ |
17,770.58 |
|
| 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 $72.83 |
$ |
1,092.48 |
|
| Home Owners Insurance |
$ |
TBD |
|
| Property Tax |
$ |
TBD |
|
| Total Prepaid Items |
$ |
1,092.48 |
|
| Origination and Discount Points |
|
|
|
| Origination Fees |
$ |
12,510.00 |
|
| Discount Points |
$ |
18,233.33 |
|
| Total Closing Costs |
$ |
49,606.39 |
|
| Apply Now! |
The above payment reflects principal and interest only.
These are only example rates.
|