Home Mortgage Comparison Worksheet

9101 Palm Bay Circle

Raleigh, NC 27617
440,000.00 List Price
4,706.34 Taxes
950.00 Insurance (Est.)
796.00 HOA

Home Financing Information as of: 4/9/2011

Mortgage Program Specifics Conformin
Loan Type Conforming Comforming g Notice
Conventional 10/1 ARM 5/1 ARM
dollar. Interest Rates, fees and all other
Down Payment (%) 5.227% 5.227% 5.0% information
shown are estimates and provided for
Loan Amount - 1st $417,000 $417,000 $417,000 informational purposes only. This is not an
advertisement to extend credit as defined by
Loan Amount - 2nd $0 $0 $0 Regulation Z. Offer of credit is subject to credit
information is subject to change and/or
Interest Rate 4.88 4.25 3.38 increase
at any time.

APR (Annual Percentage Rate) 5.6238% 4.4959% 3.7669%

Loan Term 360 360 360

Estimated Monthly Payment Information The APR (Annual Percentage Rate) shows the
cost of the mortgage loan by expressing it in
Principal & Interest $2,206.80 $2,051.39 $1,843.54 terms of a yearly interest rate. It is generally
higher than the interest Rate because it also
Property Taxes $392.20 $392.20 $392.20 includes points, mortgage insurance, and other

Homeowners Insurance Premium $79.17 $79.17 $79.17 fees included in the loan.
**The "Up Front Mortgage Insurance Premium"
Mortgage Insurance Premium $326.65 $326.65 $326.65 is normally not an out-of-pocket expense. It is
usually financed into the loan amount with FHA
Homeowners Association Dues $66.33 $66.33 $66.33 and VA loan programs. Please ask for details.

Estimated Total Monthly Payment $3,071.14 $2,915.73 $2,707.88 If it appears, "ARM" refers to Adjustable Rate
Mortgage. The interest rates of Adjustable
Typical Fees & costs Rate Mortgages are subject to change after
ARM may adjust 1% at the end of the fixed
Points / Origination Fee $3,648.75 $3,648.75 $4,170.00 rate
period. The interest rate can only adjust 1% at
Estimated Closing Costs $2,343.00 $2,343.00 $2,343.00 each change date thereafter and can adjust a
Prepaids (Intesrest, Taxes, Ins.) $3,826.56 $3,819.41 $3,809.42 maximum of 5% over the term of the loan.

Up Front Mortgage Insurance Premium** 0 0 0

CASH TO CLOSE $32,818.43 $32,811.28 $33,322.54
Total Est. Initial Housing Payment includes principal and interest for both Primary and secondary financing as well tax, insurance. Estimated cash needed to close includes fees estimated

to be due and payable at closing including but not limited to down payment, closing costs, mortgage insurance. Payment amounts include mortgage insurance if the down payment is less than
20% or the loan product is FHA. Rates available as of the date of printing and subject to change without notice. Down payment excludes any secondary financing.

Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. All rights reserved.

Eric Sayer
Home Mortgage Consultant
(919) 601-3825 - mobile
(919) 841-5304 - office