| Buyer’s Estimated Expenses | ||||
| 1. |  |
Down payment | |
$__________ |
| 2. | |
Mortgage application fee ($300.00 - $400.00) |
|
$__________ |
| 3. | |
Origination fees or points | |
$__________ |
| 4. | |
Private mortgage insurance (Usually required on loans of less than 20% down) |
|
$__________ |
| 5. | |
Title insurance ($300.00 - $500.00) |
|
$__________ |
| 6. | |
Prepaid interest (Daily interest on amount borrowed from date of closing to end of month at new mortgage rate). |
|
$__________ |
| 7. | |
Taxes (Escrow 3 months by mortgage company) |
|
$__________ |
| 8. | |
Building inspections including radon, termite, lead & water. | |
$__________ |
| 9. | |
Homeowners insurance | |
$__________ |
| 10. | |
City water adjustment | |
$__________ |
| 11. | |
Recording of Deed ($50.00-$75.00) |
|
$__________ |
| Total | $__________ | |||