Mon - Fri 9:00 am - 6:00 pm / Sat Appointment Only

Interest Rates - CLICK HERE - Rates are subject to change without notice

*For detailed Loan Estimate Rates Terms and Conditions advertised here please navigate this page from a desktop version. Thanks.

USDA Mortgage Rates

SALE PRICE: $343,750
LOAN TERM: 30 years
PRODUCT : Fixed Rate - Rates are subject to change without notice.

Loan Terms

Can this amount increase after closing?

Loan Amount

$350,765

NO

Interest Rate

3.625%

NO

Monthly Principal & Interest
See Projected Payments below for your Estimated Total Monthly Payment

$1,599.67

NO

Does the loan have these features?

Prepayment Penalty

NO

Balloon Payment

NO

Projected Payments

Payment Calculation

Years 1-7

Years 8-30

Payment Calculation

$1,599.67

$1,599.67

Mortgage Insurance

+

145

+

4

Estimate Escrow
Amount can increase over time

+

670

+

670

Estimated Total
Monthly Payment

$2,414.67

$2,274.67

Estimated Taxes, Insurance
& Assessments

Amount can increase over time

$670
month

This estimate includes

In escrow?

Property Taxes

YES

Homeowner’s Insurance

YES

Other:

See Section G on page 2 for escrowed property costs. You must pay for other property costs separately.

Costs at Closing

Estimated Closing Costs

$15,775

Includes $12,515 in Loan Costs + $3,760 in Other Costs – $0 in Lender Credits. See page 2 for details.

Estimated Cash to Close

$6,312

Includes Closing Costs. See Calculating Cash to Close on page 2 for details.

Closing Cost Details

Projected Payments

A. Origination Charges

$1,620

0 % of Loan Amount (Points)

$0.00

Doc Preparation Fee

$275

Lender Fee

$850

Processing Fee

$495











Other Costs

E. Taxes and Other Government Fees

$75

Recording Fees and Other Taxes

$75

Transfer Taxes




F. Prepaids

$1,175

Homeowner’s Insurance Premium ( 12 months)

$1,140

Mortgage Insurance Premium ( months)


Prepaid Interest ( $34.84 per day for 1 days @ 3.625%)

$35

PropertyTaxes ( months)


B. Services You Cannot Shop For

$7,619

Appraisal Fee

$500

Credit Report Fee

$29

Flood Determination Fee

$6

Mortgage Insurance Premium Fee

$7,015

Tax Service Fee

$69













G. Initial Escrow Payment at Closing

$2,010

Homeowner’s Insurance $95.00 per month for 3 mo.

$285

Mortgage Insurance per month for 0 mo.


Property Taxes $575.00 per month for 3 mo.

$1,725



H. Other

$0.00



I. TOTAL OTHER COSTS(E+F+G+H)

$3,260

C. Services You Can Shop For

$3,276

Title - Title Search Fee

$100

Survey Fee

$375

Tax Certificate Fee

$66

Title – Lender’s Title Policy

$287

Title – Owner's Title Policy

$2,448









J. TOTAL CLOSING COSTS

$16,275

D + I

$15,775

Lender Credits


Calculating Cash to Close

Total Closing Costs (J)

$15,775

Closing Costs Financed (Paid from your Loan Amount)

$7.015

Down Payment/Funds from Borrower

$0.00

Deposit

$0.00

Funds for Borrower

$0.00

Seller Credits

$0.00

Adjustments and Other Credits

$2,448

Estimated Cash to Close

$6,312

D. TOTAL LOAN COSTS (A + B + C)

$12,515

Customers Reviews:

  • Atasha Alfred • October 03, 2017

    Joan is simply amazing! He truely cares about his clients and works day in and day out to ensure they are satisfied. We used a VA loan and despite the credit hiccups we have had in the past he was able to assist us and give us a better rate than was offered by other lenders. Joan showed us that mortgage lenders are people too and he really understood our circumstances and our need to be able to close soon after contacting him. He is simply the best and we would recommend him to anyone else using a VA home loan or any other type of home loan.

  • Debra Goss • July 09, 2017

    Definitely would recommend this company to anyone trying to get a home. Joan with Clear lending really helped us to close on a home after previous attempts to get a home prior did not go work out. They really worked with our situation and made it possible for us to get our first home. He took the time to answer all our questions and concerns. He was also honest and sincere in his feedback. And For that my husband and I are forever grateful! We were losing hope thinking we wouldn't be able to ever get approved, but clear lending gave us hope again. Thank you clear lending for all your help and making it possible for us to get our first home!!!

  • Jeffrey Rodriguez • January 30, 2014

    Joan:

    Thank you so much for all your hard work to make this loan a successful ending. You know this is not my first house, but my family and I are very grateful. I am not a first time home buyer, but we are very excited to be a home owner again. I thank you from the bottom of my heart once more for making this possible. Yes, I will definitely refer anyone who comes to me for the inquiry. I will never forget you Joan and Nathalie for what you have done and how hard you worked to make my dream come true. You are very efficient and professional. I am glad that you are my loan officer. Thank you very much once again.

    Sincerely,

    Jeffrey Rodriguez

Get Your Very Latest Rate Quote Now!

If CELL Phone number is not valid we will not email your Quote