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Estimate of Costs |
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It is helpful to have an estimate of the costs associated with purchasing a home.*
Costs required to close the transaction
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Title insurance |
__________ |
| Settlement fees |
__________ |
| Recording fees |
__________ |
| Property tax (pro-rated) |
__________ |
| Loan origination fee |
__________ |
| Appraisal |
__________ |
| Credit report |
__________ |
| Other loan fees |
__________ |
| Interest on new loan (pro-rated) |
__________ |
| Home warranty |
__________ |
| Termite inspection |
__________ |
| Other inspections (roof, property inspection, geological, etc.) |
__________ |
| Homeowners insurance |
__________ |
| Other |
__________ |
| Other |
__________ |
| Total estimated closing costs |
__________ |
Estimated monthly payment
| Principal and interest |
__________ |
| Property tax |
__________ |
| Howeowners insurance |
__________ |
| Private Mortgage Insurance (PMI) |
__________ |
| Homeowners association dues |
__________ |
| Total estimated monthly payment |
__________ |
Home Purchase Summary*
| Purchase price of home $ |
__________ |
| Down payment $ |
__________ |
| Amount financed $ |
__________ |
| Estimated closing costs $ |
__________ |
| Estimated monthly payment |
__________ |
* This is a preliminary estimate only. Actual costs will vary depending on the property, the lender and other factors.
You will receive a detailed breakdown of costs prior to closing of the transaction. |
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