7/30/2019 Closing Cost on $150k for Jennifer

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KW Real Estate-PhiladelphiaBuyer's Estimated Clos ing Cos t Report courtesy of: Melanie Banks

mb@mbhomesales.com

Buyer's Estimated Closing CostBuyer:Property: 4213 SHELMIRE AVETow nship / Borough: PhiladelphiaCounty: Philadelphia County, PALoan: FHA - 30 year Interest Rate: 3.5%

Settlement Date: 6/26/2013Purchase Price: $149,787.00Dow n Payment (3.500%): $5,242.55Base Mortgage: $144,544.45MIP Financed: $2,529.53

CLOSING COSTS

Appraisal: : $400.00Credit Report: $19.00Mortgage Insurance: $2,529.53Documentation Preparation: $0.00Underw riting: $0.00Flood Certif ication: $9.00Tax Escrow Service: $0.00Courier: $0.00Wire: $0.00Escrow Waiver: $0.00Mortgage Interest to end of month (5 days): $70.51Mortgage Origination Costs: $3,028.04

Title Insurance Policy (Sale): $1,150.00Policy Endorsements: $150.00Survey: $0.00Title Insurance Costs: $1,300.00

Transfer Tax (2.00%): $2,995.74Deed Recording Fee: $200.00Mortgage Recording Fee: $170.00Notary Fee: $50.00Homeow ners Insurance: $800.00Home Inspection : $400.00Termite / Pest Inspection : $120.00Radon Inspection: : $120.00Water Inspection (POC): $0.00Septic Inspection (POC): $0.00Attorney Fee (POC): $0.00

Capitalization Funding: $0.00Conveyancing Commission : $495.00Other Closing Costs: $5,350.74

Total Closing Costs: $9,678.78

ESCROWS

County Tax (7 months): $0.00Municipal Tax (7 months): $379.59School Tax (7months): $483.12Homeow ners Insurance (2 months): $133.33

Condo / HOA Fee (2months): $0.00Mortgage Insurance (2months): $313.18Total Escrows: $1,309.22

BUYER REIMBURSMENTS TO SELLER

County Tax (6 months 6 days): $0.00Municipal Tax (6 months 6 days): $336.95School Tax (6 months 6 days): $428.85Condo / HOA Fee (0 months 5 days): $0.00

Total Reimbursements to Seller: $765.80

TRANSACTION SUMMARY

Purchase Price: $149,787.00Closing Costs: $9,678.78Lender Escrow s: $1,309.22Reimbursements to Seller: $765.80Total Acquisition Costs: $161,540.80

Base Mortgage: ($144,544.45)MIP Financed: ($2,529.53)Total Mortgage Amount: ($147,073.98)Seller Assist (6.000%): $8,987.22

Estim ated Cash Needed to Purchase: $5,479.60Prepaid Services: ($0.00)Es tim ate d Cas h Ne ede d at Se ttle me nt: $5,479.60

ONGOING MONTHLY PAYMENTS

Principal and Interest: $660.43Real Estate Taxes: $123.25Homeow ners Insurance $66.67Mortgage Insurance: $156.59Condo / HOA Fee: $0.00Estimated Monthly Payment: $1,006.94

The above f igures are estimated settlement costs only. These w ill be adjusted as of the date of the f inal settlement, if necessary. Theestimated monthly payment may be higher or low er because of the mortgage interest rate, type of loan and/or length of term. Buyer shouldconsult the mortgage lender regarding exact mortgage costs and terms. I (w e) acknow ledge receipt of a copy of this information.

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Buyer:

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