Lennar Mortgage, LLC

CLOSING COST WORKSHEET

Your actual rate, payment, and costs could be higher. Get an official Loan
Estimate before choosing a loan.
NOTE: Although this statement provides information regarding estimated closing costs, it is not a Loan Estimate. If you apply for a loan with
Lennar Mortgage, LLC you will receive a Loan Estimate.

Loan Number: 20476414 Date: 01/10/2022

Borrower: Kashyap Kuchipudi Lender: Lennar Mortgage, LLC
CoBorrower: 1100 Perimeter Park Drive Suite 112A
Property: 488 Lot Smith Farm Morrisville, NC 27560
Apex, NC 27502 Loan Officer: Ryan Aaron Keller Phone: 919-337-9460
Loan Program: Portfolio Investor 2150 Fannie DU 30YR NMLS # 415187 Fax: 877-474-4388
Purpose Of Loan: Purchase Note Rate: 3.250% Loan To Value 94.737%
Term (Months): 360 APR: 3.547% Cumulative LTV: 94.737%
Loan Amount: $ 360,000.00 Down Payment: $20,000.00
Section I. Total Estimated Closing Cost Estimated Cash Required To Close
Document Preparation Fee $ 195.00 Purchase Price $ 380,000.00
Commitment Fee $ 995.00 Total Estimated Closing Costs (Section I)3 + $ 9,140.18
Origination Points 1.000 % $ 3,600.00 Total Estimated Prepayments (Section II) + $ 2,480.86
Appraisal Fee $ 500.00 Total Estimated Costs to Close = $ 391,621.04
Flood Certification $ 7.50 Loan Amount - $ 360,000.00
Closing Protection Letter $ 96.60 Other Financing - $ 0.00
Document Preparation Fee $ 150.00 Seller Paid Closing Costs/Prepaids3 - $ 3,000.00
Settlement Fee $ 150.00 Cash Deposit on Sales Contract - $ 11,400.00
Attorney's Fees $ 750.00
Total Cash Required1 $ 17,221.04
Owner's Title Insurance $ 227.28
Lender's Title Insurance $ 846.80
Total Estimated Monthly Payment
Recording Service Fee $ 20.00
Principal & Interest $ 1,566.74
Survey Fee $ 200.00
Monthly Hazard Insurance*** $ 66.25
Recording Fees $ 142.00
Monthly Property Taxes*** $ 331.71
Transfer Taxes $ 760.00
Monthly Mortgage Insurance $ 99.00
HOA Working Capital $ 500.00
HOA Dues $ 100.00
Total Estimated Closing Costs $ 9,140.18
Total Monthly Payment2 $ 2,163.70
Section II. Total Estimated Prepayments 1. This is an estimate of the cash required/proceeds to close the loan transaction. The consumer
should refer to the Loan Estimate for additional information.
Daily Int. Charges 5 days @ $ 32.0548 $ 160.27 2. This amount may differ from the estimated initial monthly payment amount on your Loan
Hazard Insurance Premium $ 795.00 Estimate, which includes only principal, interest and mortgage insurance (as applicable).
3. "Total Estimated Closing Costs" includes all closing costs, including those costs
Hazard Insurance $ 198.75 traditionally paid by the seller or charged to the seller by regulation. "Seller Paid Closing
Property Taxes $ 1,326.84 Costs/Prepaid" credit is the sum total of the closing costs traditionally paid by the seller plus
any closing cost credit negotiated by the buyer in the purchase contract.
Total Estimated Prepayments $ 2,480.86 *** Not included in payment if Escrows are Waived

This document is for informational purposes. It does not constitute a commitment or offer to lend. Your settlement charges may change depending on what product you are approved for, on
what terms and when you are approved and/or close your loan. Interest rates and programs are subject to change without notice.