Mortgage Loan Details
|
Property Value | $400,000 |
Amount Financed | $386,000 (96.5% LTV) |
Loan Purpose | Purchase |
Property Use | Primary Residence |
Property Type | Single Family Residence |
Property Location | Alaska - Anchorage/Eagle River |
Lock Period | 45 Days |
Credit | OK - FICO >=680 |
Loan Type | 30 Year Fixed Conventional |
Rate | 6.375% |
APR | 7.505% |
Monthly Payment | $3,491.02 |
Estimated Cash-to-Close | $28,553.91 |
Estimated Closing Date | 08/08/2025 |
First Payment Date | 10/01/2025 |
Item | Amount |
Principal & interest | $2,408.14 |
Mortgage insurance premium | $389.22 |
Property taxes (est) | $548.33 |
Homeowner's insurance (est) | $145.33 |
Monthly Payment | $3,491.02 |
Item | Amount |
Downpayment | $14,000.00 |
Closing costs | $6,478.96 |
Interest - 8/8/2025 to 9/1/2025 | $1,618.03 |
Escrow for taxes & insurance | $2,080.98 |
Property tax - 08/08/2025 to 01/01/2026 | $2,631.98 |
Homeowner's insurance | $1,743.96 |
Total Estimated Cash-to-Close | $28,553.91 |
Item | Amount |
Your charge for this interest rate (1.136 points) | $4,384.96 |
Origination charge | $0.00 |
Credit report fee | $0.00 |
Flood certificate | $0.00 |
Appraisal | $850.00 |
Title - Attorney doc prep (50%) | $32.50 |
Title - Courier fee | $25.00 |
Title - eRecording (50%) | $5.00 |
Title - Lender's title insurance | $539.00 |
Title - Settlement/Escrow fee (50%) | $570.00 |
Government recording charges (50%) | $72.50 |
Total Estimated Closing Costs | $6,478.96 |
Item | Amount |
3 months property tax | $1,644.99 |
3 months insurance | $435.99 |
Aggregate adjustment | $0.00 |
Escrow for Taxes & Insurance | $2,080.98 |
Item | Amount |
Tax registration | $0.00 |
Title - Attorney doc prep (50%) | $32.50 |
Title - eRecording (50%) | $5.00 |
Title - Owner's title insurance | $1,572.00 |
Title - Settlement/Escrow fee (50%) | $570.00 |
Title - Wire fee | $25.00 |
Government recording charges (50%) | $72.50 |
Total Estimated Seller Charges | $2,277.00 |