Closing Costs

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Aug 20 2020, 02:48PM PST

This rate quote is based on a loan amount of $385,000.00.

30 Year FHA Fixed
Interest Rate Discount Points Payment APR Margin Lifetime Cap
3.250% 0.000% $1,675.54 4.258% N/A N/A
Loan Fees      
Credit to Borrower ($ 1,443.75 )
Appraisal Fee $ 385.00
Processing Fee $ 695.00
Underwriting Fee $ 795.00
Total Loan Fees $ 431.25  
Prepaid Items
The following items may be required for you to prepay in escrow. These are not additional fees, they are expenses which are prepaid to cover items such as homeowners insurance, initial interest payment on your new mortgage, and mortgage insurance [if required].
7 Days of Interest at $34.28 $ 239.97  
Home Owners Insurance $ TBD  
Property Tax $ TBD  
Total Prepaid Items $ 239.97  
Total Closing Costs $ 671.22  
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The above payment reflects principal and interest only.

NOTE: We offer many no cost loans as well as credits towards purchase costs. Closing costs are estimates only.

Paul Burger, NMLS #262766

Finance Of America
30401 Agoura Road, Suite 220
Agoura Hills, California 91301
Phone: 818-262-2888
NMLS: 12072

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