Question: This compares a new loan without Taxes and Ins against a loan with PITI.  The savings is inaccurate.  The workaround is corrected the payment in DCW.  Can this be fixed.

Response: The Debt Consolidation Worksheet takes those liabilities listed on Page 2 of the Loan Application that are marked to be Paid off and compares that to the payment on the new loan which doesn't include Taxes and Insurance.  Since Taxes and Insurance are not included in your payments in the liabilities section, I'm not quite sure how you're arriving at a comparison against an outstanding loan with Taxes and Insurance unless that additional amount is being listed in the liabilities section also.  However, if it is, that's not your base mortgage payment which is supposed to be listed in your liabilities section, not the entire PITI unless it's a 2nd Home in which case you'll need Point to count the entire payment against the borrower's income (Investment Properties would be calculated out from page 3).  Does this particular loan have the entire payment with all escrows factored in and it's showing on their credit report (possibly because they have a CLTV over 80%)?  If the borrower is paying these costs on their own, the Taxes and Insurance should never been shown as part of the monthly payment and downloaded from the credit vendor that way.  Can you please provide any additional information to help me determine the problem better.  Thank you.

In short, the cases where PITI is included in the current 1st mtg. monthly payment and WILL BE on the new proposed monthly payments, it is not pulling all the necessary monthly payments to be a true comparison.  The monthly payment amount for the DCW should pull from the proposed payments; top of the 2nd pg. of the 1003.

Thank you.