Closing Costs

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Feb 11 2015, 04:58AM EST

This rate quote is based on a loan amount of $150,000.00.

FHA 15 Year Fixed ( Loan amount $150,000 with LTV of 96.5% and credit score >740 )
Interest Rate Discount Points Payment APR Margin Lifetime Cap
3.375% 0.000% $1,063.14 4.490% N/A N/A
Loan Fees      
Credit to Borrower ($ 652.50 )
Appraisal Fee $ 475.00
Credit Report $ 23.00
Wire Transfer Fee $ 25.00
Closing or Escrow Fee $ 250.00
Title Insurance $ 150.00
Recording Fees $ 100.00
Total Loan Fees $ 370.50  
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 $13.87 $ 208.05  
Home Owners Insurance $ TBD  
Property Tax $ TBD  
Total Prepaid Items $ 208.05  
Total Closing Costs $ 578.55  
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The above payment reflects principal and interest only.

These closing costs are estimates only and may not include all 3rd party fees such as title and escrow.

Indy Mortgage

8103 Knollview Ct
Indianapolis, Indiana 46256
317-570-6300
FAX: 317-570-6629
ken@indymortgage.com
NMLS: 116854

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