Untitled Document

Estimating your mortgage payment is a snap. Fill in a few fields, and we will do the work for you. Just enter the values for the lighter colored sections (using the tab key on your keyboard to enter values and move to the next field), and the calculator will automatically add the values for you. NOTE: This form is to be used for estimation purposes only; consult an ECB Mortgage expert toll-free at 1 - (877) MTG-ECB1 for actual values.
1.	Enter the sales price/value of the house (then tab)	$
2.	Amount Financed Percentage (then tab) (Equity less than 20% requires Mortgage Insurance and escrows.)	%
	This is your down payment	$
	Appraisal	$
	Credit Bureau	$
	Recording Fees	$
	Title Insurance ($2.00 per thousand)	$
	Underwriting Fee	$
	Flood Certification	$
	15 days Interim Interest.*	$
3.	Enter the number of points (then tab).	%
	Estimated Closing Costs (down+ closing costs)	$
4.	You can either change interest rate and number of months here (then tab), or you can click on the buttons in the rate chart below.	% $ months
	This is the amount you are financing	$
	This is your monthly payment	$
	Form assumes closing on the 15th of the month. Minimum required closing costs based on purchase transaction. Other fees may apply. NOTE:* Choose buttons for more accurate estimates. Form calculates fixed rate estimates only.

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The East Carolina Bank, 35080 US 264 / P.O. Box 337 ,
Engelhard, NC 27824
Phone: (252) 925-9411, Fax: (252) 925-8491
Email: ecbonline@ecbbancorp.com

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