On June 15, Jane and Jerry Jones (Sellers) listed their Flagstaff home for $399,500 with Re/Max Peak Properties and agreed to pay a 6% commission on the sale price. They have a mortgage for $361,000 remaining on the home.

Sam and Sue Smith (Buyers) offered 3% less than the listed price. The offer was accepted by Jane and Jerry. At that time, the Buyers put down $1,000 of earnest money.

The Buyers will put 20% down and finance the rest through EverBank. The sale will close on July 1^st at which time the Buyers will take possession. EverBank requires a loan origination fee of 1% of the value of the loan along with a property appraisal which will cost $400 and a credit report at a cost of $25.

Taxes for the current year were $1,500 and were paid in full by the Sellers.

The Buyers title insurance policy will cost $800, and the Sellers title insurance policy will be $1,690.

Homeowners insurance will cost the Buyers $350.

Recording the deed will cost $50 (equally split between the Buyers and Sellers).

Endorsements of $150 would be paid by the Buyers.

Courier fees will be $25 for the Buyers and $25 for the Sellers.

All pro-rations are based on a 30-day month.

Please fill out the table below based on the given information

Description	Cash		Description	Cash
Contract Sales Price			Contract Sales Price
Settlement Charges			Gross Amount Due to Seller
Items Payable in Connection with a Loan
Loan Origination Fee			Reductions in Amount Due Seller
Appraisal Fee			Brokerage Commission
Homeowner's Insurance			Payoff of Mortgage Loan
Credit Report
			Title Charges
Title Charges			Title Service and Title Insurance
Title Service and Title Insurance			Deed Preparation
Deed Preparation
			Government Recording Charges:
Government Recording Charges:			Courier Fees
Endorsements
Courier Fees			Adjustments for Items OverPaid by Seller
			County Taxes
Gross Amount Due from Borrower
			Total Reductions in Amount Due Seller
Amounts Paid by or on Behalf of Borrower
Deposit of Earnest Money			Gross Amount Due to Seller
Principal Amount of New Loan			Less Reductions in Amount Due Seller
			Cash at Settlement to Seller
Adjustments for Items OverPaid by Seller
County Taxes			Total Expenses
			Purchase Price
Total Paid by the Borrower			Expenses as % of Price
Gross Amount Due from Borrower
Less: Total Paid by the Borrower
Cash at Settlement from Borrower
Total Expenses
Purchase Price
Expenses as % of Price