Estimated Closing Costs

Estimated Closing CostsEstimated Closing Costs
fausaMixail asked 4 years ago

I am looking to purchase a home currently under construction.  It is approx 390K and I am putting down 5%.  I know it is at least 3-4 months away from closing and I touched base with the potential mortgage broker who tried to give me a best estimate of future closing costs.  My question to everyone is how accurate and realistic do they look?  I have purchased a few homes before and I always got the 11th hour suprise!!!

 

 

Appraisal Fee                           $ 384.00
Credit Report Fee                      $ 20.00
Inspection Fee                          $ 100.00
Loan Processing Fee              $ 595.00
Underwriting Fee                      $ 595.00
Settlement or Closing               $ 750.00
Lenders Title Insurance            $ 250.00
Owners Title Insurance          $ 2,025.00
Endorsements                             $ 200.00
Recording Fee                             $ 200.00
Intangible Tax                              $ 740.00
Deed Stamps                            $ 2,730.00
Documentary Stamps               $ 1,295.00
Survey Fee                                     $ 350.00
New Home Builder Charge        $ 1,000.00
Realtor/Broker Service Fee         $ 250.00
Capital Contribution                      $ 250.00

Thanks

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