| Closing Disclosure Page 1 of 5 |
| Closing Date | | | Loan Term | 30 years |
| Property Address | | | Purpose | Purchase |
| Sales Price | | | Product | Fixed Rate |
| Loan Terms | | | Can This Amount Increase? |
| Loan Amount | | | No |
| Interest Rate | | | No |
| Monthly Principal & Interest | | | No |
| | | | Does this Loan Have a |
| Prepayment Penalty | | | No |
| Balloon Payment | | | No |
| Costs at Closing |
| Closing Costs |
| Cash to Close |
| Closing Cost Detail Page 2 of 5 |
| | Borrower-Paid At Closing | | | Seller-Paid At Closing |
| Loan Costs |
| A. Origination Charges |
| Loan Points (1%) |
| Application Fee |
| Underwriting Fee (1%) |
| B. Services Borrower Did Not Shop For |
| 01 Appraisal Fee | 450.00 |
| 02 Credit Report | 55.00 |
| C. Services Borrower Did Shop For |
| 01 Pest Inspection Fee ($55 if needed) |
| 02 Survey Fee ($425 if needed) |
| 03 Lender Title Insurance (112,500) | 100.00 |
| 05 Settlement Agent Fee | 385.00 | | | 385.00 |
| 07 Attorney Fees | 225.00 | | | 100.00 |
| D. Total Loan Costs |
| Other Costs |
| E. Taxes and Other Government Fees |
| 01 Recording Fees Deed: $34 Mortgage $32 Release $30 | 96.00 | | | 30.00 |
| 03 State of Texas Policy Guarentee Fee | 3.00 | | | 3.00 |
| 04 Tax Certificates | | | | 44.00 |
| F. Prepaids |
| 01 Homeowner's Insurance Premium (12 mo.) |
| 02 Mortgage Insurance Premium |
| 03 Prepaid Interest __________ @ _________ per day |
| 04 Property Taxes |
| G. Initial Escrow Payments at Closing |
| 01 Homeowner's Insurance (3 Months) |
| 02 Mortgage Insurance |
| 03 Property Taxes (9 Months) |
| H. Other |
| 05 Real Estate Commision |
| 07 Owners Title Insurance 150 ,000 |
| 09 Courier Fees | 30.00 | | | 30.00 |
| 10 Copies | 12.50 | | | 12.50 |
| I. Total Costs |
| Other Costs Subtotal |
| J. Total Closing Costs |
| Calculating Costs to Close Page 3 of 5 |
| Summary of Transactions | Use this Table to see a summary of your transactions |
| Borrower's Transaction | | | Seller's Transaction |
| K. Due from Borrower at Closing | | | M. Due to Seller at Closing |
| 01 Sale Price of Property | | | Sale Price of Property |
| 02 Sale Price of Any PersonProperty Included in Sale |
| 03 Closing Costs Paid at Closing (J) |
| L. Paid Already by or on Behalf of Borrower at Closing | | | N. Due from Seller at Closing |
| 01 Deposit | 1,000.00 |
| 02 Loan Amount | | | 02 Closing Costs Paid at Closing |
| | | | 04 Payoff of First Mortgage Loan |
| Adjustments for Items Unpaid by Seller | | | Adjustments for Items Unpaid by Seller |
| Property Taxes 1/1 - 6/8 | | | Property Taxes 1/1 - 6/8 |
| Calculation | | | Calculation |
| Total Due from Buyer at Closing (K) | | | Total Due to Seller at Closing (M) |
| Total Paid Alread by Buyer at Closing (L) | | | Total Due from Seller at Closing (N) |
| Cash to Close From Borrower | | | Cash to Seller |
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