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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.
We are finally homeowners!!
Closed May 5th-30 yr fixed at 5.25%.
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
We are finally homeowners!!
Closed May 5th-30 yr fixed at 5.25%.