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Closing Costs

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Nov 02 2020, 11:06AM MT

This rate quote is based on a loan amount of $289,500.00.

Interest Rate Discount Points Payment APR Margin Lifetime Cap
2.750% 0.750% $1,181.86 3.952% N/A N/A
Loan Fees      
Origination Fees $ 2,895.00  
Discount Points $ 2,171.25  
Appraisal Fee $ 500.00
Closing or Escrow Fee $ 780.00
Document Preparation Fee $ 625.00
Title Insurance $ 1,700.00
Recording Fees $ 65.00
Total Loan Fees $ 8,736.25  
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 $21.81 $ 327.17  
Home Owners Insurance $ TBD  
Property Tax $ TBD  
Total Prepaid Items $ 327.17  
Total Closing Costs $ 9,063.42  
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The above payment reflects principal and interest only.

All rates subject to change without notice