KW Real Estate-Philadelphia

Buyer's Estimated Closing Cost Report courtesy of: Melanie Banks

mb@mbhomesales.com

Buyer's Estimated Closing Cost

Buyer: Property: Tow nship / Borough: County: Loan: Interest Rate: 4213 SHELMIRE AVE Philadelphia Philadelphia County, PA FHA - 30 year 3.5% Settlement Date: Purchase Price: Dow n Payment (3.500%): Base Mortgage: MIP Financed: 6/26/2013 $149,787.00 $5,242.55 $144,544.45 $2,529.53

CLOSING COSTS Appraisal: : Credit Report: Mortgage Insurance: Documentation Preparation: Underw riting: Flood Certification: Tax Escrow Service: Courier: Wire: Escrow Waiver: Mortgage Interest to end of month (5 days): Mortgage Origination Costs: Title Insurance Policy (Sale): Policy Endorsements: Survey: Title Insurance Costs: Total Closing Costs: ESCROWS County Tax (7 months): Municipal Tax (7 months): School Tax (7months): Homeow ners Insurance (2 months): Condo / HOA Fee (2months): Mortgage Insurance (2months): Total Escrow s: TRANSACTION SUMMARY Purchase Price: Closing Costs: Lender Escrow s: Reimbursements to Seller: Total Acquisition Costs: Base Mortgage: MIP Financed: Total Mortgage Am ount: Seller Assist (6.000%): Estim ated Cash Needed to Purchase: Prepaid Services: Estim ated Cash Needed at Settlem ent:

$400.00 $19.00 $2,529.53 $0.00 $0.00 $9.00 $0.00 $0.00 $0.00 $0.00 $70.51 $3,028.04 $1,150.00 $150.00 $0.00 $1,300.00

Transfer Tax (2.00%): Deed Recording Fee: Mortgage Recording Fee: Notary Fee: Homeow ners Insurance: Home Inspection : Termite / Pest Inspection : Radon Inspection: : Water Inspection (POC): Septic Inspection (POC): Attorney Fee (POC): Capitalization Funding: Conveyancing Commission : Other Closing Costs:

$2,995.74 $200.00 $170.00 $50.00 $800.00 $400.00 $120.00 $120.00 $0.00 $0.00 $0.00 $0.00 $495.00 $5,350.74

$9,678.78 BUYER REIMBURSMENTS TO SELLER County Tax (6 months 6 days): Municipal Tax (6 months 6 days): School Tax (6 months 6 days): Condo / HOA Fee (0 months 5 days): Total Reim bursem ents to Seller:

$0.00 $379.59 $483.12 $133.33 $0.00 $313.18 $1,309.22

$0.00 $336.95 $428.85 $0.00 $765.80

$149,787.00 $9,678.78 $1,309.22 $765.80 $161,540.80 ($144,544.45) ($2,529.53) ($147,073.98) $8,987.22 $5,479.60 ($0.00) $5,479.60

ONGOING MONTHLY PAYMENTS Principal and Interest: Real Estate Taxes: Homeow ners Insurance Mortgage Insurance: Condo / HOA Fee: Estim ated Monthly Paym ent:

$660.43 $123.25 $66.67 $156.59 $0.00 $1,006.94

The above figures are estimated settlement costs only. These w ill be adjusted as of the date of the final settlement, if necessary. The estimated monthly payment may be higher or low er because of the mortgage interest rate, type of loan and/or length of term. Buyer should consult the mortgage lender regarding exact mortgage costs and terms. I (w e) acknow ledge receipt of a copy of this information. Buyer: Date: Buyer: Date: