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    Ang Rbottomlines 82010

    Uploaded by

    Angelica Rodriguez
    This document summarizes the loan prepared for Jose Luis Ruiz for the purchase of a property with a sales price of $115,000. It outlines the details of an 80% conventional loan with a 30-year term and 5.25% interest rate, requiring a $23,000 down payment and estimated closing costs of $4,413.40. The monthly principal, interest, taxes, and insurance payment would be $680.53, with the total cash investment from the buyer being $29,798.40.

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    Ang Rbottomlines 82010

    Uploaded by

    Angelica Rodriguez
    7 views3 pages
    This document summarizes the loan prepared for Jose Luis Ruiz for the purchase of a property with a sales price of $115,000. It outlines the details of an 80% conventional loan with a 30-year term and 5.25% interest rate, requiring a $23,000 down payment and estimated closing costs of $4,413.40. The monthly principal, interest, taxes, and insurance payment would be $680.53, with the total cash investment from the buyer being $29,798.40.

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    AngRbottomlines82010 (1)

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    This document summarizes the loan prepared for Jose Luis Ruiz for the purchase of a property with a sales price of $115,000. It outlines the details of an 80% conventional loan with a 30-year term and 5.25% interest rate, requiring a $23,000 down payment and estimated closing costs of $4,413.40. The monthly principal, interest, taxes, and insurance payment would be $680.53, with the total cash investment from the buyer being $29,798.40.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    7 views3 pages

    Ang Rbottomlines 82010

    Uploaded by

    Angelica Rodriguez
    This document summarizes the loan prepared for Jose Luis Ruiz for the purchase of a property with a sales price of $115,000. It outlines the details of an 80% conventional loan with a 30-year term and 5.25% interest rate, requiring a $23,000 down payment and estimated closing costs of $4,413.40. The monthly principal, interest, taxes, and insurance payment would be $680.53, with the total cash investment from the buyer being $29,798.40.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 3

    Prepared Loan

    For

    Jose LuisRuiz

    Date:812012010

    Type 90.0

    Conventional
    115,000.00 103,500.00 Term

    Sales Price
    1st Loan Amount

    Yrs 30

    lnt. Rate 5.2500

    2nd Loan Amount Down Payment

    0.00 1'l,500.00

    Closing Coets
    Discount

    0.0000

    o/o

    0.00
    1,035.00 537.50

    Origination Fee
    Escrow or Settlement

    Title lnsurance Processing Fee Tax Service Contract Document Preparation Undenrriting Appraisal Credil Report
    Recording Fees Home Protection Plan Flood Certification FedEx

    381.00 350.00 85.00


    350.00
    425.4O

    Prepaids & lmpounds

    9 Months Taxes 1.4000 15 Months lnsurance 4.0000 30 Days lnterest 2 Months PMI
    Pad for Adjustments

    Yo
    o/o

    1,207.50

    575.00
    452.81

    89.70 200.00
    2,525.01

    3s0.00 60.00 200.00 0.00 25.00


    11.50 300.00 150.00 150.00 100.00 18.40

    Total Prepald ltems


    Payment Breakdown
    Principal and lnterest Real Estate Taxes Homeowner lnsurance Monthly P.M.l. HOA Mello-Roos

    571.53

    lU.17
    38.33 44.85 0.00 0.00 788.88 0.00
    18,553.41

    Endorsement
    Notary Fees Loan Tie ln Fee E-Docs

    Outside Courier Other

    0.00 4,528.40

    Total Payment (PlTl)


    Estimated Tax Prorations

    Total Closing Coets

    Total Cash lnvestment

    lndependent companies will vary in their fees; therefore, these fees cannot be guaranteed.

    Prepared

    By

    J. lgnacio Somoza
    BuYer Date

    I have received a copy of this estimate: Buyer


    Date

    Title and Escrow Fees Provide by Fidelity National Title Company

    Prepared Loan

    For

    Jose LuisRuiz

    Date:812012010

    Type 85.0

    Gonventional
    115,000.00 Term

    Sales Price
    1st Loan Amount

    97,749.00 0.00
    17,251.00

    Yrs 30

    lnt, Rate 5.2500

    2nd Loan Amount

    Down Payment Closing Costs

    Discount

    0.0000

    o/o

    0.00
    977.49

    Origination Fee
    Escrow or Seftlement

    537.50 38't.00 350.00 85,00 350.00 425.00 350.00 60.00 200.00 0.00 25.00
    11.50 300.00 150.00 150.00 100.00 18.40

    Title lnsurance Processing Fee Tax Service Contract


    Document Preparation

    Prepaids & lmpounds

    Undenrriting Appraisal
    Credit Report Recording Fees Home Protection Plan Flood Certification FedEx

    9 Months Taxes 1.4000 15 Months lnsurance 4.0000 30 Days lnterest 2 Months PMI
    Pad for Adjustments

    o/o o/o

    1,207.54

    575.00 427.65
    61.91

    200.00 2,472.06

    Total Prepaid ltems


    Payment Breakdown

    Principaland lnterest
    Real Estate Taxes Homeowner lnsurance Monthly P.M.l. HOA Mello-Roos

    639.77

    1U.17
    38.33 30.95 0.00 0.00 743.22 0.00 24,193.95

    Endorsement
    Notary Fees Loan Tie ln Fee E-Docs

    Outside Courier Other

    0.00 4,470.89

    Total Payment (PlTl)


    Estimated Tax Prorations

    TotalGlosing Coate

    Total Cash lnvestment

    lndependent companies will vary in their fees; therefore, these fees cannot be guaranteed

    Prepared

    By

    J. lgnacio Somoza
    Buyer
    Date Buyer Date

    I have received a copy of this eslimate: Title and Escrow Fees Provide by Fidelity National Title Company

    Prepared Loan

    For

    Jose LuisRuiz

    Dale:81201201O

    Type 80.0

    Conventional
    115,000.00 Term

    Sales Price
    1st Loan Amount

    92,000,00 0.00 23,000.00

    Yrs 30

    lnt. Rate 5.2500

    2nd Loan Amount

    Down Payment Glosing Coets

    Discount

    0.0000

    o/o

    0.00 920.00 537.50 381.00 350.00 85.00 350.00


    425.00

    Origination Fee
    Escrow or Settlement

    Title lnsurance Processing Fee Tax Service Contract Document Preparation


    Undenrvriting

    Prcpaids & lmpounde

    9 Months Taxes 1.4000 15 Months lnsurance 4.0000 30 Days lnterest 2 Months PMI
    Pad for Adjustments

    o/o o/o

    1,207.50 575.00

    402.50 0.00 200.00 2,385.00

    Appraisal Credit Report Recording Fees


    Home Protec'tion Plan Flood Certification FedEx

    350.00 60.00 200.00 0.00 25,00


    11.50

    Total Prepaid ltems


    Payment Breakdown Principaland lnterest
    Real Estate Taxes

    508.03 13/-.17 38.33

    Endorsement
    Notary Fees Loan Tie ln Fee E-Docs

    300.00
    150.00 150.00 100.00 18.40

    Homeowner lnsurance
    Monthly P.M.l. HOA Mello-Roos

    0.00 0.00 0.00 680.53 0.00 29,798.40

    Outside Courier CIher

    0.00 4,413.40

    Total Payment (PlTl)


    Estimated Tax Prorations

    TotalClosing Coets

    Total Gash lnvestment

    lndependent companies will vary in their bes; therefore, these fees cannot be guaranteed.

    Prepared
    I

    By

    J. lgnacio Somoza
    Buyer
    Date

    have received a copy of this estimate:


    Buyer
    Date

    Title and Escrow Fees Povide by Fidelity National Title Company

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