1. Rate Quote Spreadsheet
Loan Officer Name:
Phone: Reference Number:
Email: 11611 N. Meridian St. Suite 220 Date:
Carmel, IN 46032
Borrower Name: Phone: 317-845-4391 Toll Free: 888-864-4599
Current Mortgage and Debt Information
Loan Type 1 SELECT ONE Loan Type 2 SELECT ONE
$0.00 $0.00 30
0.00 $0.00 30
12.0
12.0
$0.00 Rate 0.000% $0.00
0.00
$0.00 Rate 0.000% 0
Escrowed? SELECT ONE
$0.00 $3,000.00
*estimated at 6 months worth of taxes and insurance
$0.00 $0.00
$0.00 $0.00 $0.00
Annually Monthly
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 (PER MONTH)
Current Cost of Existing Debt:
$0.00 X 1st Mtg Rate 0.000% $0.00
$0.00 X 2st Mtg Rate 0.000% $0.00
$0.00 X Avg. Rate 0.000% $0.00
$0.00
Proposed Cost of New Loan
0 Payments/year 12.0 LTV = #DIV/0!
$0.00 X 0.000% Rate = $0.00
**New Loan Amount includes estimated prepaids, closing costs, etc.
1.) $0.00
2.) Monthly: #NUM! Annually: #NUM!
#NUM!
#NUM! MMI = 0.00 PITI + MI #NUM!
3.) $0.00
4.) $3,000.00
5.) #NUM!
#NUM!
IF Shortening Loan: (Only appears if loan is shortened)
0.00 0.00
NOTES:
Most loans will require the following paperwork:
COPY OF DRIVERS LICENSE AND SOCIAL SECURITY CARD HOMEOWNERS INSURANCE DECLARATIONS PAGE REFLECTING AGENT NAME & NUMBER
LAST 30 DAYS PAY STUBS MOST RECENT 60 DAYS BANK STATEMENT FOR ASSETS
LAST TWO YEARS W-2'S / 1099'S FOR ALL JOBS (CHECKING, SAVINGS, 401K) ALL PAGES EVEN IF THEY ARE BLANK
LAST TWO YEARS SIGNED TAX RETURNS W/ ALL SCHEDULES AND FORMS MOST RECENT MORTAGE STATEMENT (SHOWING A BREAKDOWN OF PRINCIPAL AND INTEREST)
DISCLAIMER - The AMP rate quote worksheet is for estimating purposes only and does not constitute a loan approval. Numbers on this worksheet are subject to change based on home values, property taxes, payoff amt
homeowners insurance, closing closts, and others. This worksheet is NOT a Good Faith Estimate, and does not represent an offer from Americas Mortgage Professionals.
Developed, Designed and Created By John Van Winkle NMLS# 1207813
NMLS# 166964 / AL #MC20812 / CA DOC# 6031997 / FL Lic# MLD336 / GA# 23466 / IL# MB.6760799 / IN# 166964 / VA# MC 5454
= Amount Saved from Shortening:X 12 months XCurrent Payment:
Months to recoup =
Term (years)
New Loan Amount**
Property Value
Years left on 1st MTG
1st Mortgage Lender
1st Mortgage Balance
Years left on 2nd MTG
2nd Mortgage Balance
Escrow per month = (T&I)
Total Balance =
1st Mtg Balance
2st Mtg Balance
Total Finance Charges for all Debt =
=
(1+2+3+4+5)
Current Escrow Balance*
Taxes:
Homeowners Insurance
Mortgage Insurance
Balance of debts to pay
Amount Saved in Lower Finance Charges/year:
Amount Saved in Lower Payments
Refund of Current Escrow Account
GRAND TOTAL SAVED IN 1ST YEAR
= Finance Charges
Finance Charges
Total Payment (no escrow) =Total Payments (escrow included)
Total House Payment 1st/2nd PITI + Other Debts =
Payment 2
Credit Score
Original Loan Amt MTG 1
Original Loan Amt MTG 2
2nd Mortgage Lender
Term MTG 1 (years)
Term MTG 2 (years)
Payments / year MTG 1
Payments / year MTG 2
Payment 1
Other Debt Balance = Finance Charges
Amount Saved by Skipping 2 Payments
MO. PAYMENTS OTHER DEBTS
New Payment (P&I) =
w/ Taxes, Insurance
New Cost (Finance Charge)