On June 15, Jane and Jerry Jones (Ac€A?SellersAc€??) 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 (Ac€A?BuyersAc€??) 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 BuyersAc€?c title insurance policy will cost $800, and the SellersAc€?c title insurance policy will be $1,690.

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