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Typical closing cost . How much?

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Anonymous
Not applicable

Typical closing cost . How much?

Here are most of the #'s that I have. I'm looking for an approximate closing cost.

 

Home price-$225,000 with seller to pay for closing cost.

Taxes- 3.4% per 100K

Homeowners insurance- $2100 per year.

Appraisal and inspection fee- $750

3 months worth of taxes and insurance in escrow- $2300

What and how much are the other miscellaneous fees?

 

Not including our 3.5% down payment $7900.

 

Thanks for any help you are able to provide. We're getting really close.

Message 1 of 3
2 REPLIES 2
WannaHouse
Valued Contributor

Re: Typical closing cost . How much?

You should have gotten a GFE with all the estimates on it. If not, you should ask for one.

Kathy


We are finally homeowners!!

Closed May 5th-30 yr fixed at 5.25%.

Message 2 of 3
WannaHouse
Valued Contributor

Re: Typical closing cost . How much?

Found this: These are estimates of course!

 

 

 

 Loan Origination Fee-Typically 1% of the loan amount ( $100,000 loan would be $1,000).
Appraisal Fee $275.00
Credit Report $65.00
Tax Service Fee $70.00
Underwriting Fee $300.00
Flood Certificate $25.00

 

Title Charges
Closing Fee $125.00
Title Policy $75.00-$750+ Depending on loan amount, purchase or refinance
Endorsements $75.00
Courier Fee $20.00

 

Recording & Transfer Fees
Recording Fees $45.00
Documentary stamps (varies by state)
Intangible tax and stamps on mortgage (varies by state)

 

Additional Charges
Survey $100.00

 


Kathy


We are finally homeowners!!

Closed May 5th-30 yr fixed at 5.25%.

Message 3 of 3
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