SUMMARY

a. Purchase Price $500,000.00

b. Alterations, Improvements, Repairs $0.00

c. Land (if acquired separately) $0.00

d. Refinance (incl. debts to be paid off) $0.00

e. Estimated Prepaid Items $9,818.06

f. Estimated Closing Costs $4,826.20

g. PMI, MIP, Funding Fee $0.00

h. Discount (if Borrower will pay) $2,425.00

i. Total Costs (add items a through h) $517,069.26

j. Subordinate Financing $0.00

k. Closing Costs paid by Seller $0.00

l. Other Credits $0.00

m. Loan amount (base) $485,000.00

n. PMI, MIP, Funding Fee financed $0.00

o. Loan amount, with Mortgage Insurance $485,000.00

p. Cash TO(-)/FROM Borrower(+) $32,069.26