Buyer’s Estimated Closing Costs
Here is a list of expenses, in addition to the down payment, which you may
have to pay at closing. Your actual closing costs will depend on the home
you buy and where you obtain financing. Some of the charges listed may not
apply to you. Talk to your Realtor if you have questions on any of these
items.
|
|
Loan amount:
|
$ __________________ |
|
Interest Rate:
|
_______% ARM
or Fixed |
|
Loan Terms:
|
_______
years |
|
Monthly
Payment:
|
$
_____________ |
|
Loan
origination Fee (charged by lender):
|
__________________ |
|
Loan discount
(charged by lender, 1 point is 1% of loan amount):
|
__________________ |
|
Loan
assumption fee:
|
__________________ |
|
Prepaid
mortgage insurance premium:
|
__________________ |
|
Credit report:
|
__________________ |
|
Appraisal fee:
|
__________________ |
|
Lender’s
Inspection fee:
|
__________________ |
|
Lender’s Rate
Lock-in Fee:
|
__________________ |
|
Processing
Fee:
|
__________________ |
|
Underwriting
fee:
|
__________________ |
|
Wire transfer
fee:
|
__________________ |
|
Prepaid
interest:
|
_____ days
at $_____ per day |
|
Title Charges
(CLTA) :
|
__________________ |
|
Closing or
escrow fee:
|
__________________ |
|
Abstract or
title search:
|
__________________ |
|
Title
examination:
|
__________________ |
|
Document
preparation fee:
|
__________________ |
|
Notary fee:
|
__________________ |
|
Title
insurance (ALTA):
|
__________________ |
|
Government
Recording and Transfer Charges:
|
__________________ |
|
Recording fee:
|
__________________ |
|
City/county/tax/stamps:
|
__________________ |
|
Intangible
tax:
|
__________________ |
|
Additional
Settlement Charges:
|
__________________ |
|
Survey:
|
__________________ |
|
Pest
Inspection:
|
__________________ |
|
Reserves
Deposited With Lender:
|
____________________ |
|
Items required
to be paid in advance:
|
|
|
Hazard
insurance:
|
_______
months $______ per month |
|
Mortgage
insurance premium:
|
_______
months $______ per month |
|
Tax &
Assessments:
|
_______
months $______ per month |
|
Flood
Insurance:
|
_______
months $______ per month |
|
Inspections of
property:
|
__________________ |
|
Termite
Inspection:
|
__________________ |
|
Roof
Inspection:
|
__________________ |
|
Property
Inspection:
|
__________________ |
|
Pool/spa:
|
__________________ |
|
Septic:
|
__________________ |
|
Foundation:
|
__________________ |
|
Others:
|
__________________ |
|
|
|
|
TOTAL
CLOSING COSTS - ESTIMATED:
|
__________________ |
