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Mortgage Calculator
Closing costs are based on an average of customary
closing costs around the nation and include a 1% origination
fee; your actual closing costs will reflect costs
common and customary to your area and may vary according
to specific product type selected.
Prepaid expenses include 30-days prepaid interest
and 2 month's escrow for taxes, home owners insurance,
and private mortgage insurance, if applicable; actual
prepaid expenses may vary according to closing date
and property location.
Reserves are funds available to borrower after closing
and do not have to be paid to lender. JavaScript code originally from Ammons Building Corp.
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