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Settlement Date March 14, 2013 File Number 13-02-26 <br /> Comparis�on of Good Faith Estimate(GFE)and HUD Charges - ------------ <br /> Charges That Cannot Increase HUD Line No. Good Faith HUD <br /> Estimate <br /> Uur origination charge #801 0 00 654 50 <br /> Your credit or char e oints for the s ecific interest rate chosen #802 0 00 0 00 <br /> Your ad'usted ori ination char es #803 0.00 654 50 <br /> Transfer taxes #1203 0 00 360 15 <br /> Charges That in Total Cannot Increase More Than 10% HUD Line No. Good Faith HUD <br /> __ Estimate <br /> Government Recording Charges #1201 0 00 88 00 <br /> — Total 88.00 <br /> Increase between GFE and HUD Char es 88.00 100.00% <br /> Charges That Can Change HUD Line No. Good Faith HUD <br /> Estimate <br /> Initial deeosit for your escrow account #1001 0 00 0.00 <br /> Daily interest charge from Mar 14 2013 #901 0 00 0 00 <br /> Loan Terms <br /> Your initial loan amount is $65,450 00 <br /> Your loan term is 0 ears <br /> Your initial interest rate is p% ------- <br /> Your initial monthly amount owed for principal, interest,and $includes — - <br /> any mortgage insurance is [X]Principal <br /> (X J Interest <br /> Mort a e Insurance <br /> Can your interest rate risel [X J No [ )Yes, it can rise to a maximum of % The first change will be on <br /> and can change again every after Every <br /> change date,your interest rate can increase or decrease by % Over the life of <br /> the loan,your interest rate is guaranteed to never be LOWER than °/a or <br /> HIGHER than % <br /> Even if you make payme�ts on time,can your loan balance (X]No [ ]Yes, it can rise to a maximum of$ — <br /> rise? <br /> Even if you make payments on time,can your monthly [X j No. [ ]Yes,the first increase can be on and the monthly amount <br /> amount owed for principal, interest,and mortgage owed can rise to$ <br /> insurance rise? The maximum it can ever rise to is$ <br /> Does our loan have a re a ment enal ? [X j No [ ]Yes, our maximum prepayment penalty is$ � <br /> Does your loan have a balloon payment? [X]No [ ]Yes,you have a balloon payment of$ due in years <br /> on <br /> Total monthly amount owed includ(ng escrow account [X]You do not have a monthly escrow payment for items,such as property taxes <br /> payments and homeowner's insurance.You must pay these items directly yourself <br /> [ J You have an additional monthly escrow payment of$ that results in <br /> a total initial monthly amount owed of$ This includes principal,interest, <br /> any mortgage insurance and any items checked below� <br /> [ J Property taxes [ ] <br /> [ ]Flood insurance [ ] <br /> Homeowner's insurance [ ] <br /> Note. If you have any questions about the Settlement Charges and Loan Terms listed on this form,please contact your lender <br /> Previous editions are obsolete Page 3 of 4 HUD-1 <br /> March 14,2013 2:49 PM <br />