People buying a home will find this free, printable truth in lending statement extremely valuable. It can be used to plot out the course of mortgage payments, loans and financing before purchasing a house.
Truth In Lending Statement
Applicant:
Lender:
Date:
Loan Type:
Amount Financed
Finance Charge
Annual Percent. Rate
Total of Payments
Total Sale Price:$
Down payment Amount:$
You may choose to receive an itemization of the Amount Finance
Yes, I would like to receive an itemization of the Amount Finance
No, I would not like to receive an itemization of the Amount Finance
Payment Schedule:
# of Payments:
Amt. of Payments:
Payments Due:
Insurance
I will get insurance from a source acceptable to the lender
I will get insurance from the lender and pay:$
Security is for:
Property purchased
Other:
Penalty:
Late payments will be charged with _____% of the payment
Assumption:
Someone buying your home
Can / Cannot assume the original terms on the mortgage
Required Deposit :$
Applicant's Signature
Date Signed
Lender's Signature
Date Signed
