Rates as of June 10, 2026 · Quote valid through June 17, 2026
Miller Lending
Your Loan Quote
NMLS #2502146
Cary, NC
Prepared for Alex & Jordan Chen
Property
123 Sample Street
Cary, NC 27518
Purchase Price
$1,250,000
Jumbo · Single Family
Loan Amount
$1,000,000
80% LTV
Down Payment
$250,000
20.0%
Quote Date
June 10, 2026
Valid 7 days
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30-Year Fixed
7.125%
Interest Rate  ·  7.341% APR
Loan Amount
$1,000,000
Loan Term
360 months
Loan Type
Conventional
Monthly Payment (PITI)
$5,312
Principal & Interest: $4,847 · Est. Taxes & Insurance: $465
Total Closing Costs
$18,400
Lender fees, third-party costs & pre-paids
Cash Due at Closing
$268,400
Down payment ($250,000) + closing costs
Monthly Payment Detail
$5,312/mo
Principal & Interest $4,847
Est. Property Taxes $313
Homeowners Insurance $152
Mortgage Insurance (MI) N/A (20% down)
Total Monthly PITI $5,312
Closing Costs
$18,400
Lender Fees
Origination / Discount Points $0
Underwriting Fee $1,250
Credit Report $120
Flood / Tax / MERS $76
Third-Party Fees
Appraisal $650
Attorney / Settlement $1,200
Title Insurance $2,800
Recording Fees $204
Lender Credit −$900
Total Closing Costs $5,400
Pre-Paid Items
$13,000
Property Tax Reserves (3 mo.) $939
Interim Interest (15 days) $1,198
Homeowners Insurance (12 mo.) $1,824
HOI Escrow Reserve (2 mo.) $304
Prepaid Interest Adjustment $735
Total Pre-Paids $5,000
Pre-paid items are collected at closing to fund your escrow account and cover costs between closing and your first payment.
Transaction Summary
$268,400
Purchase Price $1,250,000
New Loan Amount −$1,000,000
Down Payment $250,000
Total Closing Costs $5,400
Total Pre-Paid Items $5,000
Escrow / Reserves $8,000
Cash Due at Closing $268,400
Refi Comparison
Available for refinance
Recommended
15-Year Fixed
6.750%
Interest Rate  ·  6.912% APR
Loan Amount
$1,000,000
Loan Term
180 months
Loan Type
Conventional
Monthly Payment (PITI)
$7,356
Principal & Interest: $6,891 · Est. Taxes & Insurance: $465
Total Closing Costs
$16,200
Lender fees, third-party costs & pre-paids
Cash Due at Closing
$266,200
Down payment ($250,000) + closing costs
Monthly Payment Detail
$7,356/mo
Principal & Interest $6,891
Est. Property Taxes $313
Homeowners Insurance $152
Mortgage Insurance (MI) N/A (20% down)
Total Monthly PITI $7,356
💡 15-Year vs 30-Year
Extra monthly payment +$2,044
Interest saved over life of loan $519,000
Loan paid off 15 years sooner
Closing Costs
$16,200
Lender Fees
Origination / Discount Points $0
Underwriting Fee $1,250
Credit Report $120
Flood / Tax / MERS $76
Third-Party Fees
Appraisal $650
Attorney / Settlement $1,200
Title Insurance $2,800
Recording Fees $204
Lender Credit −$3,100
Total Closing Costs $3,200
Pre-Paid Items
$13,000
Property Tax Reserves (3 mo.) $939
Interim Interest (15 days) $1,139
Homeowners Insurance (12 mo.) $1,824
HOI Escrow Reserve (2 mo.) $304
Prepaid Interest Adjustment $794
Total Pre-Paids $5,000
Pre-paid items are collected at closing to fund your escrow account and cover costs between closing and your first payment.
Transaction Summary
$266,200
Purchase Price $1,250,000
New Loan Amount −$1,000,000
Down Payment $250,000
Total Closing Costs $3,200
Total Pre-Paid Items $5,000
Escrow / Reserves $8,000
Cash Due at Closing $266,200
Refi Comparison
Available for refinance
millerquote.mahiri.ai/q/mc8xR2aT… · Private link
Important Disclosures

This is not a Loan Estimate or Commitment to Lend. Actual rate, payment, and costs could be higher. Contact your loan officer for an official Loan Estimate, which will be provided after you submit a complete loan application.

Interest rates and Annual Percentage Rates (APR) are subject to change without notice and are subject to credit approval, property approval, and loan program guidelines. Rates quoted assume excellent credit, owner-occupied, single-family residence. Your rate may differ.

Rate lock availability, duration, and pricing are subject to change. A rate lock is not guaranteed until confirmed in writing by Miller Lending. This quote is valid for informational purposes through June 17, 2026.

Miller Lending · NMLS #2502146 · Cary, NC  |  Loan Officer NMLS: [LO NMLS # to be inserted]  |  Equal Housing Lender  ⊕

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