Closing date $($day belongs to seller$)$: September $1$

$($day $244$ of the year$)$

Sale price: $$262,500$

Earnest money: $$3,600$

Loan amount $($buyer$\text{'}$s$)$: $$236,250$

$(90\%$; $30$ years @ $5\%)$

Points $($buyer pays$)$: $2$

Monthly payment: $$1,268\mathrm{.}24$

$($$$984\mathrm{.}37$ interest first month$)$

Tax and insurance escrow $($buyer$\text{'}$s loan$)$: $6$ months

Pre$-$paid interest $($buyer$\text{'}$s loan$)$: Sept. $2-$Sept. $30$

Hazard insurance $($existing$)$: $$700$

$($paid by seller through Dec. $31)$

Hazard insurance $($new$)$: $$700$

$($to be prorated in tax and insurance escrow$)$

Current Year real estate taxes : $$3,300$

$($will be billed to buyer next year$)$

Broker's commission $($seller pays$)$: $6\%$

Lender's title insurance $($buyer pays$)$: $$250$

Escrow fee $($seller and buyer share equally$)$: $$500$

Recording fee $($buyer pays$)$: $$25$

Transfer tax $($seller pays$)$: $$481$Sale price

Earnest money

Loan amount

Points

Prepaid interest

Tax$/$insurance escrow

Hazard insurance

Real estate taxes

Broker's commissions

Title insurance

Escrow fee

Recording fee

Transfer tax

TOTALS

CREDITS

$($DEBITS$)$

RECEIVABLE OR

$($PAYABLE$)$