Use the following worksheet to estimate the amount of cash you'll have available when the sale of your home is completed.
|
|
Selling Price of Home |
$___________________ |
Less: Payoff of All Mortgages |
____________________ |
Less: Other Lien Payoffs |
____________________ |
Less: Spruce-up & Repair |
____________________ |
Net Equity (A) |
$___________________ |
Less Closing Costs: |
|
Real Estate Commission at _____% |
$___________________ |
VA Points (or points you agree to pay) |
____________________ |
Attorney Fees |
____________________ |
Adjustments for Taxes, Fuel, Water, etc. |
____________________ |
Filing and Recording Fees |
____________________ |
Realty Transfer Taxes |
____________________ |
Mortgage Release Fees |
____________________ |
Photocopying & Messenger |
____________________ |
Protection Plan or Guarantee |
____________________ |
Allowance for Corrective Repairs |
____________________ |
Termite Inspection on VA Loans |
____________________ |
Other |
____________________ |
The following are typically buyer's costs, but you may negotiate to pay them as part of your deal.
|
|
Title Fees |
____________________ |
Engineer's Survey |
____________________ |
Credit Check |
____________________ |
Home Inspection |
____________________ |
Appraisal |
____________________ |
Other |
____________________ |
Total Closing Costs (B) |
$___________________ |
Seller's Net Proceeds (A)-(B) |
$___________________ |
First United offices will be closed, Saturday, August 20; to celebrate our employees with a company-wide event.
You may still access First United through our ATM Network, or using Online or Mobile banking.