This Form is for EXAMPLE purposes only.

Mike & Mary Gladchun's Home Loan Comparison
Standard Federal Bank
Savings/Financial Services
Prepared For : WHAT IF EXAMPLE

Property City, County, and State:
PLYMOUTH TOWNSHIP, WAYNE, MI

Sale Price ($) : 200,000.00

Loan Information

- Down Payment ($)
- Down Payment (%)
- Loan Amount ($)
- Interest Rate
- Estimated APR


Estimated Closing Costs

- Discount Points
- Loan Discount Fee
- Application Fee
- Credit Report
- Title Insurance
- Survey
- Pest Insp./Flood Ins
- Closing Fee/Origination Fee
- Recording Fees
- 1st Yr. Private Mortgage Ins.


Total Estimated Closing Costs

Estimated Cash To Close


- Down Payment
- Estimated Closing Costs
- Estimated Property Taxes**
- 1st Yr. Hazard Ins. Prem.
- 15 days Prepaid Interest**

Total Estimated Cash To Close

Estimated Monthly Payment ($)

- Principal and Interest
- Property Taxes
- Hazard Ins. / Assoc. Dues
- Private Mortgage Ins.

Total Est. Monthly Payment
7/23 BLN

20,000.00
10
180,000.00
7.625
8.283




0
.00
275.00
30.00
320.00
85.00
17.00
375.00
38.00
78.00

1,218.00




20,000.00
1,218.00
2,499.99
450.00
562.49

24,730.48




1,274.03
208.33
37.50
78.00

1,597.86
7/23 BLN

40,000.00
20
160,000.00
7.625
7.763




0
.00
275.00
.00
292.00
85.00
17.00
375.00
38.00
.00

1,082.00




40,000.00
1,082.00
2,499.99
450.00
499.99

44,531.98




1,132.47
208.33
37.50
.00

1,378.30
FRM 30 YR

20,000.00
10
180,000.00
8.375
8.985




0
.00
275.00
30.00
320.00
85.00
17.00
375.00
35.00
78.00

1,215.00




20,000.00
1,215.00
2,499.99
450.00
617.84

24,782.83




1,368.13
208.33
37.50
78.00

1,691.96
FRM 30 YR

40,000.00
20
160,000.00
8.375
8.456




0
.00
275.00
.00
292.00
85.00
17.00
375.00
35.00
.00

1,079.00




40,000.00
1,079.00
2,499.99
450.00
549.19

44,578.18




1,216.12
208.33
37.50
.00

1,461.95


Interest Rates are subject to change without notice.
This Form is for EXAMPLE purposes only.

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