Loan Terms Can this amount increase after closing? Loan Amount $162,000 NO Interest Rate 3.875% NO Monthly Principal & Interest See Projected Payments below for your Estimated Total Monthly Payment $761.78 NO Does the loan have these features? Prepayment Penalty YES • As high as $3,240 if you pay off the loan during the first 2 years Balloon Payment NO DATE ISSUED 2/15/2013 APPLICANTS Michael Jones and Mary Stone 123 Anywhere Street Anytown, ST 12345 PROPERTY 456 Somewhere Avenue Anytown, ST 12345 SALE PRICE $180,000 LOAN TERM 30 years PURPOSE Purchase ce PRODUCT Fixed Rate LOAN TYPE x Conventional FHA VA _____________ LOAN ID # 1234567891330172608 RATE LOCK NO x YES, until 4/16/2013 at 5:00 p.m. EDT FICUS BANK 4321 Random Boulevard • Somecity, ST 12340 Loan Est

Join for free to read