Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Compare this
Closing Disclosure document with your Loan Estimate.
Projected Payments
Year 1
Years 2-30
Payment Calculation
Principal & Interest $615 min $2,445 min
$13,691 max $13,714 max
only interest
Mortgage Insurance + 0 + 0
Estimated Escrow + 0 + 0
Amount can increase over time
Estimated Total
Monthly Payment $615$13,691 $2,445$13,714
This estimate includes In escrow?
Estimated
Taxes, Insurance x Property Taxes NO
&
Assessments $711.05 x Homeowners Insurance NO
Amount can increase over time a month Other:
See page 4 for details See Escrow Account on page 4 for details. You must pay for other property
costs separately.
Costs at Closing
Closing Costs
$7,945.75 Includes $4,673.25 in Loan Costs + $3,272.50 in Other Costs - $0
in Lender Credits. See page 2 for details.
Cash to Close
-$585,985.59 Includes Closing Costs. See Calculating Cash to Close on page 3 for details.
Closing Costs Paid Before Closing $0 -$3,000.00 YES You paid these Closing Costs before closing.
Closing Costs Financed $0
$0 NO
(Paid from your Loan Amount)
Down Payment/Funds from Borrower -$700,000.00 -$588,400.00 YES You increased this payment. See details in Section L.
Deposit $0 $0 NO
Funds for Borrower $0 $0 NO
Seller Credits $0 $0 NO
Adjustments and Other Credits $0 -$2,531.34 YES See details in Section L.
Cash to Close -$687,306.00 -$585,985.59
Loan Disclosures
Assumption Escrow Account
If you sell or transfer this property to another person, your lender For now, your loan
will allow, under certain conditions, this person to assume this will have an escrow account (also called an impound or trust
loan on the original terms. account) to pay the property costs listed below. Without an escrow
x will not allow assumption of this loan on the original terms. account, you would pay them directly, possibly in one or two large
payments a year. Your lender may be liable for penalties and interest
Demand Feature for failing to make a payment.
Your loan
has a demand feature, which permits your lender to require early Escrow
repayment of the loan. You should review your note for details. Escrowed Estimated total amount over year 1 for
x does not have a demand feature. Property Costs your escrowed property costs:
over Year 1
Late Payment
If your payment is more than 15 days late, your lender will charge a Non-Escrowed Estimated total amount over year 1
late fee of 5% of the principal and interest overdue. Property Costs for your non-escrowed property costs:
over Year 1
?
Refinance
Questions? If you have questions about the Refinancing this loan will depend on your future financial situation,
loan terms or costs on this form, use the contact the property value, and market conditions. You may not be able to
information below. To get more information refinance this loan.
or make a complaint, contact the Consumer
Financial Protection Bureau at Tax Deductions
www.consumerfinance.gov/mortgage-closing If you borrow more than this property is worth, the interest on the
loan amount above this propertys fair market value is not deductible
from your federal income taxes. You should consult a tax advisor for
more information.
Contact Information
Lender Mortgage Broker Real Estate Broker Real Estate Broker Settlement Agent
(B) (S)
Name Farm Credit Services Green Roby Oviatt
of America LLP
Address PO Box 1117 816 South Broadway
Watertown, SD 57201 Watertown, SD 57201
NMLS ID 579135
SD License ID
Contact Nick Hartness Bev Beutler
Contact NMLS ID 1288413
Contact SD License ID
Email Nick.Hartness@ bev@grolawfirm.com
fcsamerica.com
Phone 605-882-4030 605-886-5812
Confirm Receipt
By signing, you are only confirming that you have received this form. You do not have to accept this loan because you have signed or received
this form.
Property SE 1/4 NE 1/4 except Lot H-1 and highway r-o-w in 33-118-51
Watertown, SD 57201