Peter Bright

770-792-7979 ext. 107

PeterBright@eMortgageCo.com
GOOD THROUGH: 01/09/2012

Mortgage Calculation Worksheet

Prepared For:

Petree
Scenario One

Estimated Value
Mortgage Amount
Loan to Value
Loan Program
Term (Months)
Interest Rate
Loan Origination & Discount Fee
Closing Costs-Lender Credit
MONTHLY OBLIGATIONS:
Monthly Payment
Property Tax
Estimated Homeowners Insurance
Mortgage Insurance (PMI)
Total monthly payments
ESTIMATED CLOSING COSTS **:
Estimated Fixed Costs (title/escrow,
lender fees, appraisal, credit etc.)
Estimated Prepaid Items (interest, taxes,
insurance)Lender Credit
Total needed to close

Scenario Two

Scenario Three

Scenario Four

Scenario Five

Scenario Six

$1,400,000
$905,000
64.6%
5-1 ARM
360
3.250%
0.50%
0.500%

$1,400,000
$905,000
64.6%
5-1 ARM
360
3.875%
1.25%
0.000%

$1,400,000
$905,000
64.6%
5-1 ARM
360
3.000%
1.88%
0.000%

$1,400,000
$905,000
64.6%
7-1 ARM
360
3.500%
0.50%
0.500%

$1,400,000
$905,000
64.6%
7-1 ARM
360
3.375%
1.00%
1.000%

$1,400,000
$905,000
64.6%
7-1 ARM
360
3.250%
2.00%
0.000%

$3,939
$0
$0
$0
$3,938.62

$4,256
$0
$0
$0
$4,255.65

$3,816
$0
$0
$0
$3,815.52

$4,064
$0
$0
$0
$4,063.85

$4,001
$0
$0
$0
$4,000.97

$3,939
$0
$0
$0
$3,938.62

$10,860

$17,647

$23,304

$10,860

$15,385

$24,435

$0
-$4,525
$6,334.75

$0
$0
$17,647.25

$0
$0
$23,303.50

$0
-$4,525
$6,334.75

$0
-$9,050
$6,334.75

$0
$0
$24,434.75

We can not lock your loan rate until you apllication is signed with lender paperwork. These are estimates of your settlement charges and loan terms if you are approved for the loan program. For more
information, see HUD's Special Information Booklet on settlement charges, your Truth-in-Lending Disclosures, and other consumer information at www.hud.gov/respa. If you decide you would like to
proceed with a loan, contact us. The interest rate can only be locked when you have signed your application. After your interest rate is locked you must go to settlement within 30 days. You must lock
your interest rate at least 30 days before settlement. Some lenders require an escrow account to hold funds for paying property taxes or other property related charges in addition to your monthly
amount.
You will receive a final GFE estimate of your settlement charges. At your settlement, you will receive a HUD -1, a form that lists your actual costs. Compare the charges on the HUD-1 with the charges
on this GFE. In this estimate we offered you loans with a particular interest rate and estimated settlement charges. However:
- If you want to choose the same loan with lower settlement charges, then you will have a higher interest rate.
- If you want to choose the same loan with a lower interest rate, then you will have higher settlement charges.
The information provided reflects estimates of the charges which you are likely to incur at the settlement of your loan. The fees listed are estimates - actual charges may be more or less. Your transaction may not involve a fee
for every item listed.

GA License # 7064

01/09/2012 21:48:25

Initial Fees Worksheet

Prepared For: Petree

Scenario 1

Scenario 2

Scenario 3

Scenario 4

Scenario 5

Scenario 6

$1,400,000.00
$905,000.00
$0.00
3.250%
360
5-1 ARM

$1,400,000.00
$905,000.00
$0.00
3.875%
360
5-1 ARM

$1,400,000.00
$905,000.00
$0.00
3.000%
360
5-1 ARM

$1,400,000.00
$905,000.00
$0.00
3.500%
360
7-1 ARM

$1,400,000.00
$905,000.00
$0.00
3.375%
360
7-1 ARM

$1,400,000.00
$905,000.00
$0.00
3.250%
360
7-1 ARM

$4,525.00

$11,312.50

$16,968.75

$4,525.00

$9,050.00

$18,100.00

$0.00
$37.50
$70.00
$595.00
$795.00
$25.00
$12.00
$6,059.50

$0.00
$37.50
$70.00
$595.00
$795.00
$25.00
$12.00
$12,847.00

$0.00
$37.50
$70.00
$595.00
$795.00
$25.00
$12.00
$18,503.25

$0.00
$37.50
$70.00
$595.00
$795.00
$25.00
$12.00
$6,059.50

$0.00
$37.50
$70.00
$595.00
$795.00
$25.00
$12.00
$10,584.50

$0.00
$37.50
$70.00
$595.00
$795.00
$25.00
$12.00
$19,634.50

$1,208.73

$1,441.18

$1,115.75

$1,301.71

$1,255.22

$1,208.73

Sub Total

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

1001 HOME OWNERS INSURANCE PREMIUM (2 mo.)

1002 SELLER CREDIT
1004 TAXES & ASSESSMENTS (4 mo.)
1005 FLOOD INSURANCE RESERVES
Sub Total
1100 TITLE CHARGES

$0.00
$0.00
$0.00

$0.00
$0.00
$0.00

$0.00
$0.00
$0.00

$0.00
$0.00
$0.00

$0.00
$0.00
$0.00

$0.00
$0.00
$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$395.00
$1,583.75
$1,978.75

$395.00
$1,583.75
$1,978.75

$395.00
$1,583.75
$1,978.75

$395.00
$1,583.75
$1,978.75

$395.00
$1,583.75
$1,978.75

$395.00
$1,583.75
$1,978.75

$75.00

$75.00

$75.00

$75.00

$75.00

$75.00

$2,715.00
$2,790.00

$2,715.00
$2,790.00

$2,715.00
$2,790.00

$2,715.00
$2,790.00

$2,715.00
$2,790.00

$2,715.00
$2,790.00

$25.00
$6.50
$31.50
$0.00
$10,859.75

$25.00
$6.50
$31.50
$0.00
$17,647.25

$25.00
$6.50
$31.50
$0.00
$23,303.50

$25.00
$6.50
$31.50
$0.00
$10,859.75

$25.00
$6.50
$31.50
$0.00
$15,384.75

$25.00
$6.50
$31.50
$24,434.75

($4,525.00)
$177,500.00
($905,000.00)
$10,859.75
$0.00
($721,165.25)

$0.00
$177,500.00
($905,000.00)
$17,647.25
$0.00
($709,852.75)

$0.00
$177,500.00
($905,000.00)
$23,303.50
$0.00
($704,196.50)

($4,525.00)
$177,500.00
($905,000.00)
$10,859.75
$0.00
($721,165.25)

($9,050.00)
$177,500.00
($905,000.00)
$15,384.75
$0.00
($721,165.25)

$0.00
$177,500.00
($905,000.00)
$24,434.75
$0.00
($703,065.25)

$3,938.62
$0.00
$0.00
$0.00
$0.00
$3,938.62

$4,255.65
$0.00
$0.00
$0.00
$0.00
$4,255.65

$3,815.52
$0.00
$0.00
$0.00
$0.00
$3,815.52

$4,063.85
$0.00
$0.00
$0.00
$0.00
$4,063.85

$4,000.97
$0.00
$0.00
$0.00
$0.00
$4,000.97

$3,938.62
$0.00
$0.00
$0.00
$0.00
$3,938.62

APPRAISED VALUE
MORTGAGE AMOUNT
MONTHLY MIP
INTEREST RATE
TERM (months)
LOAN PROGRAM
800 ITEMS PAYABLE IN CONNECTION WITH LOANS
801 LOAN ORIGINATION
802 LOAN DISCOUNT
803 APPRAISAL FEE - POC 750
804 CREDIT REPORT - POC
809 TAX RELATED SERVICE FEE
810 PROCESSING FEE
811 UNDERWRITING FEE
812 WIRE TRANSFER FEE
813 FLOOD CERTIFICATION FEE
Sub Total
900 ITEMS REQUIRED TO BE PAID IN ADVANCE
INTEREST
902 MORTGAGE INSURANCE PREMIUM
905 VA FUNDING FEE
1000 RESERVES DEPOSITED WITH LENDER

1107 ATTORNEY FEES

1108 TITLE INSURANCE (minium $125)
Sub Total
1200 GOV. RECORDING & TRANSFER CHARGES
1201 RECORDING FEES
1202 CITY/CNTY TAX STAMPS
1204 STATE OF GA INTANGIBLE TAX
Sub Total
1300 ADDITIONAL SETTLEMENT CHARGES
1302 PEST INSPECTION
1303 SURVEY
1304 OTHER: COURIER FEE
1305 OTHER: GA RESIDENTIAL FUNDING FEE
SubTotal
TOTAL ESTIMATED SETTLEMENT CHARGES
TOTAL ESTIMATED FUNDS NEEDED TO CLOSE
LENDER CREDIT
PAYOFF
LOAN AMOUNT
EST. CLOSING COSTS
EST. PREPAID ITEMS/RESERVES
TOTAL ESTIMATED FUNDS ( ) equals CASH BACK
TOTAL EST. MONTHLY PAYMENTS
PRINCIPAL & INTEREST
HOME OWNER'S INSURANCE
REAL ESTATE TAXES
MORTGAGE INSURANCE (PMI)
HOMEOWNER ASSOCIATION DUES
TOTAL MONTHLY PAYMENTS