"Loan Estimate Form"

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Save this Loan Estimate to compare with your Closing Disclosure.
Loan Estimate
30 years
LOAN TERM
Purchase
PURPOSE
5 Year Interest Only, 5/3 Adjustable Rate
PRODUCT
DATE ISSUED
Conventional
FHA
VA
_____________
LOAN TYPE
APPLICANTS
1330172608
LOAN ID #
NO
YES, until
RATE LOCK
PROPERTY
Before closing, your interest rate, points, and lender credits can
change unless you lock the interest rate. All other estimated
SALE PRICE
closing costs expire on
Loan Terms
Can this amount increase after closing?
Loan Amount
Interest Rate
Monthly Principal & Interest
See Projected Payments below for your
Estimated Total Monthly Payment
Does the loan have these features?
Prepayment Penalty
Balloon Payment
Projected Payments
Payment Calculation
Principal & Interest
Mortgage Insurance
Estimated Escrow
Amount can increase over time
Estimated Total
Monthly Payment
This estimate includes
In escrow?
Property Taxes
Estimated Taxes, Insurance
Homeowner’s Insurance
& Assessments
Other:
Amount can increase over time
See Section G on page 2 for escrowed property costs. You must pay for other
property costs separately.
Costs at Closing
Estimated Closing Costs
Includes
in Loan Costs +
in Other Costs –
in Lender Credits.
See page 2 for details.
Estimated Cash to Close
Includes Closing Costs.
See Calculating Cash to Close on page 2 for details.
Visit www.consumerfinance.gov/mortgage-estimate for general information and tools.
LOAN ESTIMATE
PAGE 1 OF 3 • LOAN ID #
1330172608
Save this Loan Estimate to compare with your Closing Disclosure.
Loan Estimate
30 years
LOAN TERM
Purchase
PURPOSE
5 Year Interest Only, 5/3 Adjustable Rate
PRODUCT
DATE ISSUED
Conventional
FHA
VA
_____________
LOAN TYPE
APPLICANTS
1330172608
LOAN ID #
NO
YES, until
RATE LOCK
PROPERTY
Before closing, your interest rate, points, and lender credits can
change unless you lock the interest rate. All other estimated
SALE PRICE
closing costs expire on
Loan Terms
Can this amount increase after closing?
Loan Amount
Interest Rate
Monthly Principal & Interest
See Projected Payments below for your
Estimated Total Monthly Payment
Does the loan have these features?
Prepayment Penalty
Balloon Payment
Projected Payments
Payment Calculation
Principal & Interest
Mortgage Insurance
Estimated Escrow
Amount can increase over time
Estimated Total
Monthly Payment
This estimate includes
In escrow?
Property Taxes
Estimated Taxes, Insurance
Homeowner’s Insurance
& Assessments
Other:
Amount can increase over time
See Section G on page 2 for escrowed property costs. You must pay for other
property costs separately.
Costs at Closing
Estimated Closing Costs
Includes
in Loan Costs +
in Other Costs –
in Lender Credits.
See page 2 for details.
Estimated Cash to Close
Includes Closing Costs.
See Calculating Cash to Close on page 2 for details.
Visit www.consumerfinance.gov/mortgage-estimate for general information and tools.
LOAN ESTIMATE
PAGE 1 OF 3 • LOAN ID #
1330172608
Save this Loan Estimate to compare with your Closing Disclosure.
Loan Estimate
30 years
LOAN TERM
Purchase
PURPOSE
5 Year Interest Only, 5/3 Adjustable Rate
PRODUCT
DATE ISSUED
Conventional
FHA
VA
_____________
LOAN TYPE
APPLICANTS
1330172608
LOAN ID #
NO
YES, until
RATE LOCK
PROPERTY
Before closing, your interest rate, points, and lender credits can
change unless you lock the interest rate. All other estimated
EST. PROP. VALUE
closing costs expire on
Loan Terms
Can this amount increase after closing?
Loan Amount
Interest Rate
Monthly Principal & Interest
See Projected Payments below for your
Estimated Total Monthly Payment
Does the loan have these features?
Prepayment Penalty
Balloon Payment
Projected Payments
Payment Calculation
Principal & Interest
Mortgage Insurance
Estimated Escrow
Amount can increase over time
Estimated Total
Monthly Payment
This estimate includes
In escrow?
Property Taxes
Estimated Taxes, Insurance
Homeowner’s Insurance
& Assessments
Other:
Amount can increase over time
See Section G on page 2 for escrowed property costs. You must pay for other
property costs separately.
Costs at Closing
Estimated Closing Costs
Includes
in Loan Costs +
in Other Costs –
in Lender Credits.
See page 2 for details.
Estimated Cash to Close
Includes Closing Costs.
See Calculating Cash to Close on page 2 for details.
Visit www.consumerfinance.gov/mortgage-estimate for general information and tools.
LOAN ESTIMATE
PAGE 1 OF 3 • LOAN ID #
1330172608
Closing Cost Details
Loan Costs
Other Costs
A. Origination Charges
E. Taxes and Other Government Fees
% of Loan Amount (Points)
Recording Fees and Other Taxes
Desk Review Fee
$150
Transfer Taxes
es
Loan Origination Fee
$1,000
F. Prepaids
Processing Fee
$300
Homeowner’s Insurance Premium (
months)
Rate Lock Fee
$525
Mortgage Insurance Premium (
months)
Underwriting Fee
$675
Prepaid Interest (
per day for
days @
)
Verification Fee
$200
Property Taxes (
months)
G. Initial Escrow Payment at Closing
Homeowner’s Insurance
per month for
3
mo.
Mortgage Insurance
per month for
0
mo.
B. Services You Cannot Shop For
Property Taxes
per month for
3
mo.
Appraisal Fee
$305
Credit Report Fee
$30
Flood Determination Fee
$35
Lender’s Attorney
$400
H. Other
Real Estate Broker Administration Fee
$200
Title – Owner’s Title Policy (optional)
$1,436
I. TOTAL OTHER COSTS (E + F + G + H)
C. Services You Can Shop For
Pest Inspection Fee
$125
J. TOTAL CLOSING COSTS
Survey Fee
$150
Title – Courier Fee
$32
D + I
Title – Lender’s Title Policy
$100
Lender Credits
Title – Settlement Agent Fee
$300
Title – Title Search
$150
Calculating Cash to Close
Total Closing Costs (J)
Closing Costs Financed (Paid from your Loan Amount)
Down Payment/Funds from Borrower
Deposit
Funds for Borrower
Seller Credits
Adjustments and Other Credits
Estimated Cash to Close
D. TOTAL LOAN COSTS (A + B + C)
LOAN ESTIMATE
PAGE 2 OF 3 • LOAN ID #
1330172608
Closing Cost Details
Loan Costs
Other Costs
A. Origination Charges
E. Taxes and Other Government Fees
% of Loan Amount (Points)
Recording Fees and Other Taxes
Desk Review Fee
$150
Transfer Taxes
Loan Origination Fee
$1,000
F. Prepaids
Processing Fee
$300
Homeowner’s Insurance Premium (
months)
Rate Lock Fee
$525
Mortgage Insurance Premium (
months)
Underwriting Fee
$675
Prepaid Interest (
per day for
days @
)
Verification Fee
$200
Property Taxes (
months)
G. Initial Escrow Payment at Closing
Homeowner’s Insurance
per month for
3
mo.
Mortgage Insurance
per month for
0
mo.
B. Services You Cannot Shop For
Property Taxes
per month for
3
mo.
Appraisal Fee
$305
Credit Report Fee
$30
Flood Determination Fee
$35
Lender’s Attorney
$400
H. Other
Real Estate Broker Administration Fee
$200
Title – Owner’s Title Policy (optional)
$1,436
I. TOTAL OTHER COSTS (E + F + G + H)
C. Services You Can Shop For
Pest Inspection Fee
$125
J. TOTAL CLOSING COSTS
Survey Fee
$150
Title – Courier Fee
$32
D + I
Title – Lender’s Title Policy
$100
Lender Credits
Title – Settlement Agent Fee
$300
Title – Title Search
$150
Calculating Cash to Close
Total Closing Costs (J)
Closing Costs Financed (Paid from your Loan Amount)
Down Payment/Funds from Borrower
Deposit
Funds for Borrower
Seller Credits
Adjustments and Other Credits
Estimated Cash to Close
D. TOTAL LOAN COSTS (A + B + C)
Adjustable Payment (AP) Table
Adjustable Interest Rate (AIR) Table
Index + Margin
Interest Only Payments?
Initial Interest Rate
Optional Payments?
Minimum/Maximum Interest Rate
Step Payments?
Change Frequency
Seasonal Payments?
First Change
Monthly Principal and Interest Payments
Subsequent Changes
First Change/Amount
Limits on Interest Rate Changes
Subsequent Changes
First Change
Maximum Payment
Subsequent Changes
LOAN ESTIMATE
PAGE 2 OF 3 • LOAN ID #
1330172608
Closing Cost Details
Loan Costs
Other Costs
A. Origination Charges
E. Taxes and Other Government Fees
% of Loan Amount (Points)
Recording Fees and Other Taxes
Desk Review Fee
$150
Transfer Taxes
Loan Origination Fee
$1,000
F. Prepaids
Processing Fee
$300
Homeowner’s Insurance Premium (
months)
Rate Lock Fee
$525
Mortgage Insurance Premium (
months)
Underwriting Fee
$675
Prepaid Interest (
per day for
days @
)
Verification Fee
$200
Property Taxes (
months)
G. Initial Escrow Payment at Closing
Homeowner’s Insurance
per month for
3
mo.
Mortgage Insurance
per month for
0
mo.
B. Services You Cannot Shop For
Property Taxes
per month for
3
mo.
Appraisal Fee
$305
Credit Report Fee
$30
Flood Determination Fee
$35
Lender’s Attorney
$400
H. Other
Real Estate Broker Administration Fee
$200
Title – Owner’s Title Policy (optional)
$1,436
I. TOTAL OTHER COSTS (E + F + G + H)
C. Services You Can Shop For
Pest Inspection Fee
$125
J. TOTAL CLOSING COSTS
Survey Fee
$150
Title – Courier Fee
$32
D + I
Title – Lender’s Title Policy
$100
Lender Credits
Title – Settlement Agent Fee
$300
Title – Title Search
$150
Calculating Cash to Close
Total Closing Costs (J)
Closing Costs Financed (Paid from your Loan Amount)
Down Payment/Funds from Borrower
Deposit
Funds for Borrower
Seller Credits
Adjustments and Other Credits
Estimated Cash to Close
D. TOTAL LOAN COSTS (A + B + C)
Adjustable Payment (AP) Table
Interest Only Payments?
Optional Payments?
Step Payments?
Seasonal Payments?
Monthly Principal and Interest Payments
First Change/Amount
Subsequent Changes
Maximum Payment
LOAN ESTIMATE
PAGE 2 OF 3 • LOAN ID #
1330172608
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