2/22/2024

FNMA RefiNow Refinance Calculator

Payoff Statement Date: Borrower Name:
Existing UPB from payoff statement: Loan #:
PAYOFF
STATEMENT Total interest through disbursemtent date: Freddie Mac only allows financed interest through disbursement date on HUD

Payoff total included in the loan amount: $0.00 Demand fees may not be financed, do not include in the payoff total

Closing Costs and Pre-Paids Closing costs & prepaids include 3rd party fees paid by the borrower, discount points paid by the borrower.
CLOSING COSTS
AND PREPAIDS Lender Credits & Non RESPA credits (enter as negative) : DO NOT INCLUDE POC items or demand fees from the payoff

Total closing costs: $0.00

Lesser of total closing costs or $5000 $0.00 Financed closing costs may not exceed $5000
MAX LOAN
AMOUNT
CC financed into maximum loan amount: $0.00
Maximum loan amount allowed: $0.00
IMPORTANT NOTES
* If the borrower made a payment after payoff demand was issued, an updated payoff demand is required.
* Borrowers may bring in funds to close and a lender credit may be given to payf for some or all of the loan fees, subject to the maximum interested party contribution limits and compensation rule requirements.
* Max cash back to the borrower is $250. Any amount over this must be applied to the pay down the prinicpal balance of the new loan.

Borrower Benefit
All of the following benefits must be met:

A Reduction in the Interest Rate of the First Mortgage of .50%

Current Interest Rate:
New Interest Rate:
A Reduction in the Monthly PI & MI of the First Mortgage of at least $50
Current P&I:
New P&I:

January 2, 2019