Example:  Loan Purchase Statement
Weighted Average Coupon (WAC) ARM (Adjustable Rate Mortgage), Guarantor

The total disbursement for this type of contract is calculated as follows:

PC Detail

Name

Add or Subtract

Amount

Grand Total of Mortgage Purchase

 $1,912,552.89

Grand Total of PC Settlement

-

-$1,912,513.15

Amount Due Seller

=

$            39.74