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 , geological , etc .) Homeowner ’ s insurance Other :
Total Estimated Closing Costs
Estimated monthly payment : Principal and interest Property tax Homeowner ’ s insurance Private mortgage insurance ( PMI ) Homeowner ’ s 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 . Your lender can provide a more accurate “ good faith ” estimate . You will receive a detailed breakdown of costs prior to closing of the transaction .