Closing Costs

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Feb 15 2019, 04:20PM EST

This rate quote is based on a loan amount of $480,000.00.

15 Year Fixed
Interest Rate Discount Points Payment APR Margin Lifetime Cap
4.000% 0.020% $3,550.50 4.085% N/A N/A
Loan Fees      
Origination Fees $ 895.00  
Discount Points $ 96.00  
Appraisal Fee $ 0.00
Credit Report $ 0.00
Tax Related Service Fee $ 88.00
Underwriting Fee $ 895.00
Notary Fees $ 0.00
Attorney Fees $ 0.00
Recording Fees $ 0.00
Total Loan Fees $ 1,974.00  
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 $52.60 $ 789.04  
Home Owners Insurance $ TBD  
Property Tax $ TBD  
Total Prepaid Items $ 789.04  
Total Closing Costs $ 2,763.04  
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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. (Not applicable to NO CLOSING COST 30 year fixed loan)

New York Mortgage Exchange

369 Avenue X
Brooklyn, New York 11223
Phone: 718-339-3600
Fax: 718-339-3655
Email: info@nyme.com
NMLS: 93848

Licensing

New York Mortgage Exchange (NMLS# 93848) located at 369 Avenue X, Brooklyn, New York 11223 is a Registered Mortgage Broker - NYS Department of Financial Services License A000701. Licensed Mortgage Broker NJ Dept of Banking & Insurance # 303170.

All loans are arranged thru third party providers.