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.

VA Mortgage Rates

SALE PRICE: $225,000
LOAN TERM: 15 years
PRODUCT : Fixed Rate

Loan Terms

Can this amount increase after closing?

Loan Amount

$225,000

NO

Interest Rate

3.125%

NO

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

$1,601.07

NO

Does the loan have these features?

Prepayment Penalty

NO

Balloon Payment

NO

Projected Payments

Payment Calculation

Years 1-15

Years

Payment Calculation

$1,601.07

$__

Mortgage Insurance

+

__

+

__

Estimate Escrow
Amount can increase over time

+

460

+

__

Estimated Total
Monthly Payment

$2,061.07

$__

Estimated Taxes, Insurance
& Assessments

Amount can increase over time

$460
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

$13,063

Includes $10,569 in Loan Costs + $2,494.90 in Other Costs – $0 in Lender Credits. See page 2 for details.

Estimated Cash to Close

$6,500

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

Closing Cost Details

Projected Payments

A. Origination Charges

$2,620

0 % of Loan Amount (Points)

$0.00

Lender Document Preparation Fee

$275

Processing Fee

$495

Warehouse Fee

$850

Loan Origination Fee

$1,000









Other Costs

E. Taxes and Other Government Fees

$75

Recording Fees and Other Taxes

$75

Transfer Taxes




F. Prepaids

$1,039

Homeowner’s Insurance Premium ( 12 months)

$1,020

Mortgage Insurance Premium ( months)


Prepaid Interest ( $19.26 per day for 1 days @ 3.125%)

$19

PropertyTaxes ( months)


B. Services You Cannot Shop For

$5,442

Appraisal Fee

$500

Credit Report Fee

$29

Flood Determination Fee

$6

Tax Service Fee

$69

VA Funding Fee

$4,838













G. Initial Escrow Payment at Closing

$1,380

Homeowner’s Insurance $85.00 per month for 3mo.

$255

Mortgage Insurance per month for 0 mo.


Property Taxes $105.30 per month for 2 mo.

$1,125



H. Other

$0.00



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

$2,494

C. Services You Can Shop For

$2,507

Survey Fee

$375

Tax Certificate Fee

$66

Title  Title Search

$100

Title – Lender’s Title Policy Fee

$241

Title – Owner's Title Policy Fee

$1,725









J. TOTAL CLOSING COSTS

$13,063

D + I

$13,063

Lender Credits


Calculating Cash to Close

Total Closing Costs (J)

$13,063

Closing Costs Financed (Paid from your Loan Amount)

$4,838

Down Payment/Funds from Borrower

$0.00

Deposit

$0.00

Funds for Borrower

$0.00

Seller Credits

$0.00

Adjustments and Other Credits

$1,725

Estimated Cash to Close

$6,500.00

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

$10,569

Customers Reviews:

  • Jillian Daniell • November 05, 2015

    Thank you for all your hard work. I really appreciate it! Keep up the great work!

  • Natalia y Juan Ochoa • August 27, 2013

    Buenas noches Joan,

    Espero que este mensaje lo encuentre bien. Le escribo para darle las gracias por su ayuda y apoyo durante el proceso del préstamo de nuestra casa, aprecio su servicio y interés ante la situación y mas que todo su eficiencia y profesionalismo para realizarlo.

    De nuevo mil gracias por ser parte de este momento tan importante para nosotros . Le deseamos la mejor de la suerte a usted y a su empresa.

    Esperamos seguir en contacto para un futuro.

    Un cordial saludo,

    Natalia y Juan

  • LaStephen Lamar • July 09, 2017

    It was an absolute pleasure working with Clear Lending Home Mortgage! Joan and his team truly worked hard on helping me receive my dream home. As a first time home buyer I was unaware of the process and very unsure of what all it took to complete the process. After receiving constant let down and missed opportunities. I was on the verge of giving up until I spoke to Joan. He and his staff worked hard for me in closing on my first home in under 30 days, with an amazingly low interest rate. There was never a time I questioned Joan or his staff. I went into closing confident with no suprises.They were with me the entire process. Words cannot express how grateful I am of Clear Lending Home Mortgage. The level of professionalism and dedication to work hard for the home buyer is exceptional. I would recommend this company to anyone looking to purchase a home, they won't disappoint! Thank you Joan for everything, you made a dream come true!

Get Your Very Latest Rate Quote Now!

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