Loan Estimate

Your Loan Estimate.

Everything you'll pay, line by line, for the privilege of one graphics card. Every total is calculated, not typed in, so at least the arithmetic is honest.
Sample only

This is an internet document

This page imitates a mortgage disclosure for comedic purposes. It is not a Loan Estimate, not an offer of credit, and not related to any real loan. Fannie VRAM is a website and does not lend money.

Loan terms

30-Year Fixed Frame Rate

Property: one (1) GeForce RTX 5090 Founders Edition. Sale price $9,000. Loan term 30 years. Purpose: gaming, allegedly. Rate lock: until the next driver update.

$7,200 Loan amount
7.49% Interest rate, fixed
$50.29 Monthly principal and interest
Yes Prepayment penalty: one RTX 5090
Projected payments

What you'll pay each month

Monthly payment Years 1-30
Principal and interest $50.29
Private Melting Insurance Waived: you put 20% down. Your power connector is on its own. $0.00
Electricity escrow 575 W, four hours a day, 18.34 cents per kWh. $12.82
Connector fire insurance Mandatory. Covers the card, the cable and one carpet tile. $19.99
Thermal paste reserve $2.00
Estimated total monthly payment $85.10
Closing cost details

Loan costs

A. Origination charges Amount
0.5 discount points Lowers your rate by 0.125% and your frame rate by nothing. $36.00
Application fee Non-refundable. Covers telling you that you're approved. $250.00
Underwriting fee One shake of the Magic 8-Ball. $95.00
Total A $381.00
B. Services you cannot shop for Amount
Appraisal fee 3DMark Time Spy, one run, plus staring. $450.00
PSU report fee In place of a credit report. $35.00
Flood determination Confirms the card is not downstream of your AIO cooler. $18.00
Driver monitoring fee We check you're on the latest Game Ready driver. $4.00
Total B $507.00
C. Services you can shop for (it's all Clive) Amount
Title insurance In case someone has an older receipt. $600.00
Survey fee GPU sag, measured to the millimeter. $225.00
Dust and pest inspection Dust bunnies, cat hair, one moth. $90.00
Settlement agent fee Clive. He brings his own pen. $400.00
Total C $1,315.00
Closing cost details

Other costs

E. Taxes and other government fees Amount
Recording fee Your unboxing livestream, archived. $125.00
Transfer tax Graphics cards are not real estate. Yet. $0.00
Total E $125.00
F. Prepaids Amount
Connector fire insurance, 12 months $19.99 a month, a year up front. $239.88
Prepaid interest, 15 days $1.48 a day, from closing to your first payment. $22.16
Total F $262.04
G. Initial escrow payment at closing Amount
Electricity, 3 months $12.82 a month. $38.46
Thermal paste reserve, 3 months $2.00 a month. $6.00
Total G $44.46
H. Other Amount
Hardware Owners Association transfer fee $150.00
RGB home warranty (optional) Covers one color. You choose which. $199.00
Total H $349.00
Calculating cash to close

What you bring to the signing

Bring a certified check.

Cash to close Amount
Total loan costs (A + B + C) $2,203.00
Total other costs (E + F + G + H) $780.50
Down payment $1,800.00
Deposit Your place in the waitlist for the waitlist. Non-transferable. $0.00
Estimated cash to close $4,783.50
Comparisons

Use these numbers to compare loans

$3,017.40 Paid in principal and interest over your first 5 years
$387.88 Of that, the part that bought graphics card
151.53% Total Interest Percentage: interest over the loan, as a share of the loan