Good Faith Estimate |
|
| Purchase Price |
$130,000 |
| Loan Program: |
Oregon Bond with interest rate @ 5.75% fixed on a 30 yr. loan |
| Down Payment Assistance Programs: |
$11,500 ($5,000 Homestart funds; $1,500 HPAP funds; $5,000 City of Corvallis funds) |
| Loan Amount: |
$120,800 (This would include closing costs and prepaids too) |
| Buyers personal funds to bring to table $1,667.00 (maybe $44.63 estimated that we can adjust accordingly) |
| |
|
| Principle & Interest |
$704.96 |
| Taxes: |
$150.00 (Taxes averaging $1800.00/yr) |
| Insurance: |
$33.33 (Insurance averaging $400.00/yr) |
| Mortgage Insurance: |
$78.52 |
| Monthly payment: |
$966.81 |
|
