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Estimate of Costs

 

It is helpful to have an estimate of the costs associated with purchasing a home.*

Costs required to close the transaction

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.