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; ' Comparisori of Good Faith Estimate(GFE)ariii HUD-1 Charggs. _ <br /> Charges;That Cannot Increase _ HUD-1 Line Number_ . Good Faith Estimate HUD.1 <br /> _ _. <br /> Our originabon charge # 801 3,48323 3,483.23 <br /> Your credit o�charge(points)ior the specific interest rate chosen # 802 -3,364.17 -3,364.17 <br /> Your adjusted origination charges # 803 119.06 119.06 <br /> Transfer taxes #1203 1,599.65 696.78 <br /> ChargOS That ImTotal Cannot Increase More Than 10°k. _._ - Good Fa'dh Estimate HUD0.1 . <br /> 9 . . _. .. . _. . <br /> Govemment recordin charges #1201 215.00 130.50 <br /> Appraisal fee # 804 475.00 475.00 <br /> CredR report # 805 29.00 57.10 <br /> Tax service # 806 0.00 0.00 <br /> Flood certification # 807 0.00 0.00 <br /> Mortgage insurance premium # 902 2,778.49 2,178.49 <br /> Total 2,897.49 2,841.09 • <br /> Increase between GFE and HU0.1 Charges $ -56.40 or -1.95 % <br /> Charges That Can Change_ . Good Faith Estimate HUD-1 <br /> _ . _... .. . . . -. _...... . .. <br /> Inftial deposit for your escrow account #1001 685.64 325.32 <br /> Daily interest charges # 901 $13.44710/day 201.71 80.68 <br /> Homeowners insurance # 903 765.96 766.00 <br /> Title services and lenders ti8e insurance #1101 1,325.00 1,151.50 <br /> Owners tiUe insurance #1103 745.00 720.00 <br /> Loan Terms � <br /> Your initial loan amount is S-126,663.00 <br /> Your loan term is 30 years <br /> Your interest rate is ,.3.87500% <br /> Your initiel monthly amount owed for principal,interest and $683.07 includes <br /> any mortgage Insurance Is ❑x Principal <br /> ❑x Interest <br /> I �x Mortgage Insurance <br /> Can your interest rate rise? ❑x No�Yes,it can rise to a ma�dmum of �o. 1'he first <br /> change will be and can change again every after <br /> Every change date,your interest rate can increase or decrease by%. <br /> Over the life of the loan,your interest rate is guaranteed to never be <br /> lower than °/a ar higher than % <br /> Even if yau make payments on time,can your loan balance rise7 ❑x No ❑Yes,it can rise to a maximum of$ <br /> Even If you make payments on time,can your monthry x� No ❑Yes,the first increase can be and the monthiy <br /> amount owed for principal,interest,and mar�qage insurance rise? amount owed can rise to$ . The maximum it can ever rise to <br /> is$ . <br /> Does your loan have a prepayment penatty? ❑x No ❑Yes,your ma�dmum prepayment penalty is$ <br /> Does your loan have a balloon payment? ❑x No ❑ Yes,you have a balloon payment of$ <br /> due in years on . <br /> i <br /> Total monthiy amount owed induding escrow accaunt payments ❑You do not have a monthly escrow payment for items,such as <br /> properly taxes and homeowners insurance. You must pay these <br /> items directly yoursetf. <br /> 0 You have an additional monthly escrow payment of$162.66 that <br /> results in a total initial monthiy amount owed of$845.73. <br /> This inGudes principal,interest,any mortgage insurance and any <br /> Iitems checked beiow: <br /> ❑x Homeowner's insurance <br /> x❑Propertytaxes <br /> i <br /> I <br /> IAInIn• If..n�i L.n..n�.n..i.��..r1:nn....L....N H.n CnH1e...�nM!`hn.nnw..n.l 1 n ..Tn...�r I:r�n.�n..Ih:r fnr.n nln�.rn H.nMn4�.iv..Inn.lnr <br />