Buyer Cost Form 10 PDF
Document Details
Uploaded by MarvellousFeynman
San José City College
2004
Tags
Summary
This document provides an estimated cost of a property purchase. It contains information on non-recurring and recurring costs, and estimated total costs, including monthly payments. It appears to be for real estate purposes and includes details for different loan plans.
Full Transcript
ESTIMATED BUYER'S COST REALTY Buyer Mr. & Mrs. Able Property Address 123 Dream Street Date Prepared 11/1/2004 Estimate C.O.E. 12/2/2004 NON-RECURRING COSTS PURCHAS...
ESTIMATED BUYER'S COST REALTY Buyer Mr. & Mrs. Able Property Address 123 Dream Street Date Prepared 11/1/2004 Estimate C.O.E. 12/2/2004 NON-RECURRING COSTS PURCHASE PRICE 662,500.00 CLTA Policy S.P. 1,649.40 1st Loan 360 2.850% _ 510,000.00 ALTA Policy L.A. 615.25 2nd Loan 360 0.000% 0.00 Escrow Fee 500.00 Endorsement Fee ARM Rider 75.00 Doc Prep Fee title co. 150.00 ESTIMATED CREDITS: Wire Transfer Fee 35.00 Earnest Money (in escrow) 0.00 Courier Fee 75.00 Prorated Taxes 0.00 Drawing & Notary Fee 80.00 Rent 0.00 County Recorder Fee 64.00 Security Deposit 0.00 Appraisal Fee P.O.C. (325.00) 0.00 N.R.C.C. seller credit 1 point _ 5,100.00 Credit Report Fee P.O.C. (7.30) _ 0.00 Other 0.00 Lender Tax Service 61.00 Carry-back________________ 0.00 Loan Fee____ points 2% 10,200.00 TOTAL CREDITS: _ 5,100.00 Additional Lenders Fee 800.00 VA Funding Fees 0.00 FHA MMI Premium 0.00 ESTIMATED CASH REQUIRED: Termite Inspection Fee P.O.C. (230.00) 0.00 GRAND TOTAL NRCC+RCC 17,230.79 General House Inspection Fee 0.00 Down Payment _ 152,500.00 Roof Inspection Fee 135.00 Less Credit, Seller 1 point _ (5,100.00) Chimney Inspection Fee 0.00 Appliance Inspection 0.00 Pool Inspection Fee 225.00 ESTIMATED TOTAL Other Inspection Fee 0.00 CASH REQUIRED 164,630.79 Home Warranty Premium 0.00 HOA Assoc. Transfer Fee 0.00 ESTIMATED MONTHLY PAYMENTS Real Estate Brokerage Fee 0.00 1st P&I 2,109.14 Other 0.00 2nd P&I 0.00 EST. N.R.C.C. 14,664.65 Taxes no impounds w/20%+ 0.00 Insurance no impounds w/20%+ 0.00 RECURRING COSTS PMI 0.00 Property Tax Impound Account 0.00 HOA 0.00 Fire Ins. Impound Account 0.00 Other 0.00 FHA MMI Impound Account 0.00 Total Monthly Payments 2,109.14 PMI Impound Account 0.00 Property Tax Pro-Ration 12/02/04-01/01/05 309.54 Date Buyer 1st Ln Pre-paid Interest 11/01/04-12/02/04 1,211.25 Date Buyer 2nd Ln Pre-paid Interest 0.00 Fire Insurance 1st Year Farmers 1,045.35 Note: The above figures areestimates and based on HOA Dues (1 month) 0.00 present information we are given; said figures can vary Other 0.00 at close of escrow. EST. R.C.C. 2,566.14 Financing note: The Type, Rate & Term are estimates only. You MUST verify these items with the Lender you will be obtaining your loan with. GRAND TOTAL NRCC+RCC $ 17,230.79
