Mortgage Loan Details
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| Property Value | $400,000 |
| Amount Financed | $408,600 (100.0% LTV) |
| Loan Purpose | Purchase |
| Property Use | Primary Residence |
| Property Type | Single Family Residence |
| Property Location | Alaska - Anchorage/Eagle River |
| Lock Period | 45 Days |
| Credit | Good - FICO >=720 |
| Loan Type | 30 Year Fixed VA |
| Rate | 4.750% |
| APR | 5.322% |
| Monthly Payment | $2,825.11 |
| Estimated Cash-to-Close | $23,279.62 |
| Estimated Closing Date | 11/29/2024 |
| First Payment Date | 01/01/2025 |
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Amount Financed Detail
Item Amount Base Loan $400,000.00 VA Funding Fee (2.15%) $8,600.00 Total Amount Financed $408,600.00
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Monthly Payment Detail
Item Amount Principal & interest $2,131.45 Property taxes (est) $548.33 Homeowner's insurance (est) $145.33 Monthly Payment $2,825.11
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Estimated Cash-to-Close Detail
Item Amount Downpayment $0.00 Closing costs $17,724.37 Interest - 11/29/2024 to 12/1/2024 $106.35 Escrow for taxes & insurance $3,111.66 Property tax - 11/29/2024 to 01/01/2025 $593.28 Homeowner's insurance $1,743.96 Total Estimated Cash-to-Close $23,279.62
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Closing Costs Detail
Item Amount Your charge for this interest rate (3.952 points) $16,147.87 Origination charge $0.00 Credit report fee $0.00 Flood certificate $0.00 Appraisal $900.00 Title - Courier fee $25.00 Title - eRecording (50%) $5.00 Title - Lender's title insurance $584.00 Government recording charges (50%) $62.50 Total Estimated Closing Costs $17,724.37 -
Escrow for Taxes & Insurance
Item Amount 7 months property tax $3,838.31 3 months insurance $435.99 Aggregate adjustment $-1,162.64 Escrow for Taxes & Insurance $3,111.66 -
Seller Closing Costs Detail
Item Amount Tax registration $0.00 Title - Attorney doc prep $65.00 Title - eRecording (50%) $5.00 Title - Owner's title insurance $1,572.00 Title - Settlement/Escrow fee $973.00 Title - Wire fee $25.00 Government recording charges (50%) $62.50 Total Estimated Seller Charges $2,702.50 -
Disclosure: This is not an offer or commitment to lend. The rates and terms displayed above may change at any time without notice. The actual mortgage product you qualify for will depend upon verification of the information in your application, the applicable home value, and other relevant considerations. If you have questions about current rates, please contact a Loan Officer at 907-562-3600.
Rates change frequently, please visit https://www.titanmortgage.com/rates.php for our current rates.
Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. Rates are subject to change and are subject to borrower qualification.
