Amsouth Bank Loan Comparison
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AmSouth Bank Loan Comparison Proposed Loan Information Purchase Price / Value Mortgage(s) payoff Final Loan Amount Equity Appraised Value LTV Note Rate APR Loan Type Years Estimated Annual Property Taxes Annual Homeowners Association
30 Year Fixed
Projected Fees Loan Origination Fee 0.000% Loan Discount Fee 0.000% Appraisal Fee Credit Report Fee Application Fee Loan Commitment Fee VA/FHA Funding Fee (financed) Buydown Fee Underwriting Fee Document Preparation Fee C/P Conversion Fee Tax Service Fee Flood Certification Closing Attorney Fee Title Insurance Recording Fee State Tax Stamps City/County tax Intangible Tax Survey Pest Inspection Express/Courier Fee Repair/Final Inspection Fee GA Residential Mortgage Fee TOTAL ESTIMATED CLOSING COSTS Prepaid Items Interim Interest (days) Mortgage Insurance Premium Hazard Insurance Premium (12 Mo.) Flood Insurance Premium Hazard Insurance Escrow Mortgage Insurance Escrow Property Taxes Association Dues Flood Insurance Escrow TOTAL ESTIMATED PREPAIDS TOTAL FEES + PREPAIDS Estimated Down Payment Less Earnest Money&/or Seller Paid CC
TOTAL DUE FROM BORROWER
Months 15 0.01
3 0 9 1 3
$145,000.00 $109,000.00 $109,000.00 $36,000.00 $145,000.00 75.17% 6.125% 6.189% Conv 30 $0.00 $0.00
Amount $0.00 $0.00 $325.00 $14.00 $0.00 $0.00 $0.00 $0.00 $275.00 $90.00 $0.00 $59.00 $14.00 $275.00 $1,048.92 $90.00 $126.44 $536.50 $0.00 $0.00 $0.00 $25.00 $0.00 $0.00 $2,878.86
$274.37 $70.85 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $274.37
Prepared Especially For: Name Leah Alexander Address 1400 8th Ave N #107 City,State,Zip Nashville, TN 37208 Phone Fax Email
April 19th, 2005
Prepared By: Name Company Address City,State,Zip Phone Email: Fax
Steve Goodin
AmSouth Bank
615-573-4793 [email protected]
Estimated Monthly Payment Principal & Int. $662.30 Mtg. Ins. $70.85 Hazard Ins. $0.00 Flood Ins. $0.00 Property Tax $0.00 Assoc. Dues $0.00 Total Payment $733.15
$3,153.23 $36,000.00 $8,316.00 $30,837.23
The information provided above reflects estimates of the charges which you are likely to incur at the settlement of your loan. The fees listed are estimates - the actual charges may be more or less. Your transaction may not involve a fee for every item listed. These estimates are provided to assist potential applicants in evaluating their financing needs. Rates subject to change without notice. At time of application you will be provided a Good Faith Estimate pursuant to the Real Estate Act of 1974, as amended. (RESPA) Additional information can be found in the HUD Special Information Booklet, which is provided to you by your mortgage lender at application. For Arm loans: The annual percentage rate may increase after the loan is closed.
allen
MEMBER FDIC
Regions Bank Loan Comparison Proposed Loan Information Refinance/Pay-Off Loan Amount Final Loan Amount Appraised Value LTV Note Rate APR Loan Type Years Estimated Annual Property Taxes Annual Homeowners Association
$76,000.00 $106,000.00 $106,000.00 $165,000.00 64.24% 5.000% 5.119% Conv 30 $1,192.60 $0.00
Projected Fees Loan Origination Fee 0.500% Loan Discount Fee Appraisal Fee Credit Report Fee Application Fee Loan Commitment Fee VA/FHA Funding Fee (financed) Buydown Fee Underwriting Fee Document Preparation Fee C/P Conversion Fee Tax Service Fee Flood Certification Closing Agent Fee Title Insurance ( Reissue ) Recording Fee State Tax Stamps City/County tax Intangible Tax Survey Pest Inspection Express/Courier Fee 2009 Taxes due Oct 1st Processing Fee TOTAL ESTIMATED CLOSING COSTS
Amount $530.00 $0.00 $450.00 $15.00 $0.00 $0.00 $0.00 $0.00 $450.00 $0.00 $0.00 $74.00 $14.00 $275.00 $609.50 $105.00 $0.00 $212.00 $0.00 $0.00 $0.00 $0.00 $1,192.60 $350.00 $4,277.10
Prepaid Items Interim Interest (days) Mortgage Insurance Premium Hazard Insurance Premium Flood Insurance Premium Hazard Insurance Escrow Property Taxes Association Dues Flood Insurance Escrow TOTAL ESTIMATED PREPAIDS TOTAL FEES + PREPAIDS TOTAL DUE FROM / (TO BORROWER)
Months 5 0
2 3
$72.60 $0.00 $577.50 $0.00 $96.25 $298.15 $0.00 $0.00 $467.00
Current Mortgage information 1st mortgage balance 2nd Mtg or HELOC balance
$68,000.00 $8,000.00
Total payoff(s)
$76,000.00
Prepared Especially For: Name Ray Pinkston Address 5581 Higdon Road City,State,Zip Joelton, TN 37080 Phone 615-226-6999 Fax Email [email protected]
Referred By:
Andrew Irvine
November 10, 2009
Prepared By: Name Company Address City,State,Zip Phone Email: Fax
Steve Goodin
Regions Bank 40 Burton Hills Blvd. #370
Nashville, TN 37215 615-748-2864
[email protected] 615-748-2823
Estimated Monthly Payment Principal & Int. $569.03 Mtg. Ins. $0.00 Hazard Ins. $48.13 Flood Ins. $0.00 Property Tax $99.38 Assoc. Dues $0.00 Total Payment $716.54
$4,744.10 $25,255.90
The information provided above reflects estimates of the charges which you are likely to incur at the settlement of your loan. The fees listed are estimates - the actual charges may be more or less. Your transaction may not involve a fee for every item listed. These estimates are provided to assist potential applicants in evaluating their financing needs. Rates subject to change without notice. At time of application you will be provided a Good Faith Estimate pursuant to the Real Estate Act of 1974, as amended. (RESPA) Additional information can be found in the HUD Special Information Booklet, which is provided to you by your mortgage lender at application. For Arm loans: The annual percantage rate may increase after the loan is closed.
MEMBER FDIC
Buy Down Calculations Loan Information Type of Buydown Amount of Loan Interest Rate % Number of Years Payment Information First Year Payments Second Year Payments Third Year Payments Remaining Payments
3-2-1 $100,000 6.000% 30
2-1 $100,000 6.000% 30
$421.60 $477.42 $536.82 $599.55
Rate 3.000% 4.000% 5.000% 6.000%
Savings Information First Year Savings Second Year Savings Third Year Savings Total Savings
1- 0 $100,000 6.000% 30
$477.42 $536.82 $599.55 $599.55
Rate 4.000% 5.000% 6.000% 6.000%
$536.82 $599.55 $599.55 $599.55
Rate 5.000% 6.000% 6.000% 6.000%
$2,135.36 $1,465.62 $752.75
% of Loan 2.135% 1.466% 0.753%
$1,465.62 $752.75 $0.00
% of Loan 1.466% 0.753% 0.000%
$752.75 $0.00 $0.00
% of Loan 0.753% 0.000% 0.000%
$4,353.73
4.354%
$2,218.37
2.218%
$752.75
0.753%
Funding Fee Tables Purchase And Construction Loans Note: The funding fee for regular military first time use from 1/1/04 to 9/30/04 is 2.2 percent. This figure drops to 2.15 percent on 10/1/04 Type of Veteran Down Payment First Time Use Subsequent Use for loans from 1/1/04 to 9/30/2011 Regular Military
Reserves/National Guard
Cash-Out Refinancing Loans Type of Veteran Regular Military Reserves/National Guard
None 5% or more (up to 10%) 10% or more None 5% or more (up to 10%) 10% or more
2.15% 1.50% 1.25% 2.40% 1.75% 1.50%
Percentage for First Time Use
Percentage for Subsequent Use
2.15% 2.40%
3.3% * 3.3% *
* The higher subsequent use fee does not apply to these types of loans if he veteran’s only prior use of entitlement was for a manufactured home loan Other Types of Loans Type of Loan
Percentage for Either Type of Veteran Whether First Time or Subsequent Use
Interest Rate Reduction Refinancing Loans
0.50%
Manufactured Home Loans Loan Assumptions
1.00% 0.50%
3.3% * 1.50% 1.25% 3.3% * 1.75% 1.50%
30 Year Fixed
Projected Fees Loan Origination Fee 0.000% Loan Discount Fee 0.000% Appraisal Fee Credit Report Fee Application Fee Loan Commitment Fee VA/FHA Funding Fee (financed) Buydown Fee Underwriting Fee Document Preparation Fee C/P Conversion Fee Tax Service Fee Flood Certification Closing Attorney Fee Title Insurance Recording Fee State Tax Stamps City/County tax Intangible Tax Survey Pest Inspection Express/Courier Fee Repair/Final Inspection Fee GA Residential Mortgage Fee TOTAL ESTIMATED CLOSING COSTS Prepaid Items Interim Interest (days) Mortgage Insurance Premium Hazard Insurance Premium (12 Mo.) Flood Insurance Premium Hazard Insurance Escrow Mortgage Insurance Escrow Property Taxes Association Dues Flood Insurance Escrow TOTAL ESTIMATED PREPAIDS TOTAL FEES + PREPAIDS Estimated Down Payment Less Earnest Money&/or Seller Paid CC
TOTAL DUE FROM BORROWER
Months 15 0.01
3 0 9 1 3
$145,000.00 $109,000.00 $109,000.00 $36,000.00 $145,000.00 75.17% 6.125% 6.189% Conv 30 $0.00 $0.00
Amount $0.00 $0.00 $325.00 $14.00 $0.00 $0.00 $0.00 $0.00 $275.00 $90.00 $0.00 $59.00 $14.00 $275.00 $1,048.92 $90.00 $126.44 $536.50 $0.00 $0.00 $0.00 $25.00 $0.00 $0.00 $2,878.86
$274.37 $70.85 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $274.37
Prepared Especially For: Name Leah Alexander Address 1400 8th Ave N #107 City,State,Zip Nashville, TN 37208 Phone Fax Email
April 19th, 2005
Prepared By: Name Company Address City,State,Zip Phone Email: Fax
Steve Goodin
AmSouth Bank
615-573-4793 [email protected]
Estimated Monthly Payment Principal & Int. $662.30 Mtg. Ins. $70.85 Hazard Ins. $0.00 Flood Ins. $0.00 Property Tax $0.00 Assoc. Dues $0.00 Total Payment $733.15
$3,153.23 $36,000.00 $8,316.00 $30,837.23
The information provided above reflects estimates of the charges which you are likely to incur at the settlement of your loan. The fees listed are estimates - the actual charges may be more or less. Your transaction may not involve a fee for every item listed. These estimates are provided to assist potential applicants in evaluating their financing needs. Rates subject to change without notice. At time of application you will be provided a Good Faith Estimate pursuant to the Real Estate Act of 1974, as amended. (RESPA) Additional information can be found in the HUD Special Information Booklet, which is provided to you by your mortgage lender at application. For Arm loans: The annual percentage rate may increase after the loan is closed.
allen
MEMBER FDIC
Regions Bank Loan Comparison Proposed Loan Information Refinance/Pay-Off Loan Amount Final Loan Amount Appraised Value LTV Note Rate APR Loan Type Years Estimated Annual Property Taxes Annual Homeowners Association
$76,000.00 $106,000.00 $106,000.00 $165,000.00 64.24% 5.000% 5.119% Conv 30 $1,192.60 $0.00
Projected Fees Loan Origination Fee 0.500% Loan Discount Fee Appraisal Fee Credit Report Fee Application Fee Loan Commitment Fee VA/FHA Funding Fee (financed) Buydown Fee Underwriting Fee Document Preparation Fee C/P Conversion Fee Tax Service Fee Flood Certification Closing Agent Fee Title Insurance ( Reissue ) Recording Fee State Tax Stamps City/County tax Intangible Tax Survey Pest Inspection Express/Courier Fee 2009 Taxes due Oct 1st Processing Fee TOTAL ESTIMATED CLOSING COSTS
Amount $530.00 $0.00 $450.00 $15.00 $0.00 $0.00 $0.00 $0.00 $450.00 $0.00 $0.00 $74.00 $14.00 $275.00 $609.50 $105.00 $0.00 $212.00 $0.00 $0.00 $0.00 $0.00 $1,192.60 $350.00 $4,277.10
Prepaid Items Interim Interest (days) Mortgage Insurance Premium Hazard Insurance Premium Flood Insurance Premium Hazard Insurance Escrow Property Taxes Association Dues Flood Insurance Escrow TOTAL ESTIMATED PREPAIDS TOTAL FEES + PREPAIDS TOTAL DUE FROM / (TO BORROWER)
Months 5 0
2 3
$72.60 $0.00 $577.50 $0.00 $96.25 $298.15 $0.00 $0.00 $467.00
Current Mortgage information 1st mortgage balance 2nd Mtg or HELOC balance
$68,000.00 $8,000.00
Total payoff(s)
$76,000.00
Prepared Especially For: Name Ray Pinkston Address 5581 Higdon Road City,State,Zip Joelton, TN 37080 Phone 615-226-6999 Fax Email [email protected]
Referred By:
Andrew Irvine
November 10, 2009
Prepared By: Name Company Address City,State,Zip Phone Email: Fax
Steve Goodin
Regions Bank 40 Burton Hills Blvd. #370
Nashville, TN 37215 615-748-2864
[email protected] 615-748-2823
Estimated Monthly Payment Principal & Int. $569.03 Mtg. Ins. $0.00 Hazard Ins. $48.13 Flood Ins. $0.00 Property Tax $99.38 Assoc. Dues $0.00 Total Payment $716.54
$4,744.10 $25,255.90
The information provided above reflects estimates of the charges which you are likely to incur at the settlement of your loan. The fees listed are estimates - the actual charges may be more or less. Your transaction may not involve a fee for every item listed. These estimates are provided to assist potential applicants in evaluating their financing needs. Rates subject to change without notice. At time of application you will be provided a Good Faith Estimate pursuant to the Real Estate Act of 1974, as amended. (RESPA) Additional information can be found in the HUD Special Information Booklet, which is provided to you by your mortgage lender at application. For Arm loans: The annual percantage rate may increase after the loan is closed.
MEMBER FDIC
Buy Down Calculations Loan Information Type of Buydown Amount of Loan Interest Rate % Number of Years Payment Information First Year Payments Second Year Payments Third Year Payments Remaining Payments
3-2-1 $100,000 6.000% 30
2-1 $100,000 6.000% 30
$421.60 $477.42 $536.82 $599.55
Rate 3.000% 4.000% 5.000% 6.000%
Savings Information First Year Savings Second Year Savings Third Year Savings Total Savings
1- 0 $100,000 6.000% 30
$477.42 $536.82 $599.55 $599.55
Rate 4.000% 5.000% 6.000% 6.000%
$536.82 $599.55 $599.55 $599.55
Rate 5.000% 6.000% 6.000% 6.000%
$2,135.36 $1,465.62 $752.75
% of Loan 2.135% 1.466% 0.753%
$1,465.62 $752.75 $0.00
% of Loan 1.466% 0.753% 0.000%
$752.75 $0.00 $0.00
% of Loan 0.753% 0.000% 0.000%
$4,353.73
4.354%
$2,218.37
2.218%
$752.75
0.753%
Funding Fee Tables Purchase And Construction Loans Note: The funding fee for regular military first time use from 1/1/04 to 9/30/04 is 2.2 percent. This figure drops to 2.15 percent on 10/1/04 Type of Veteran Down Payment First Time Use Subsequent Use for loans from 1/1/04 to 9/30/2011 Regular Military
Reserves/National Guard
Cash-Out Refinancing Loans Type of Veteran Regular Military Reserves/National Guard
None 5% or more (up to 10%) 10% or more None 5% or more (up to 10%) 10% or more
2.15% 1.50% 1.25% 2.40% 1.75% 1.50%
Percentage for First Time Use
Percentage for Subsequent Use
2.15% 2.40%
3.3% * 3.3% *
* The higher subsequent use fee does not apply to these types of loans if he veteran’s only prior use of entitlement was for a manufactured home loan Other Types of Loans Type of Loan
Percentage for Either Type of Veteran Whether First Time or Subsequent Use
Interest Rate Reduction Refinancing Loans
0.50%
Manufactured Home Loans Loan Assumptions
1.00% 0.50%
3.3% * 1.50% 1.25% 3.3% * 1.75% 1.50%
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