Items Payable in Connection With Your Loan
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

Pre Paid Items
Interest-will be between 1-30 days, depending on when in the month you close
Hazard Insurance - 1 year premium

Reserves
Hazard Insurance - 2 Months
Taxes - 2 Months
Mortgage Insurance - 2 Months if applicable

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

 

Purchase Price $   % Down Payment               %       Down Payment $   Loan Amount $   % Closing Costs % Closing Costs* $   Appraisal Fee* $   Credit Report Fee* $   Inspection Fee* $   Moving-In Costs $   Total Closing Costs* $       * Fees are estimates - check with your lender for actual fees.		This calculator will help you to determine the amount of cash needed for the home purchase 1 - Purchase Price: Enter the Purchase Price from the Down Payment Calculator. 2 - Down Payment: Enter the Down Payment percentage you are making. The Loan Amount and other numbers automatically recalculate if you change the purchase price or down payment percentage. 3 - Appraisal, Credit Report and Inspection Fees: The Appraisal Fee, Credit Report Fee, and Inspection Fee default to $275.00, $65.00, and $175.00 (this is an estimated amount). You may change any or all of these entries. 4 - Closing Costs: The Closing Costs are automatically calculated on 4% of the Purchase Price. This is a guessestimate only but includes documentary taxes, title insurance, intangible taxes, escrows for property taxes and insurance. Remember to increase this number if you are paying points on your loan. 5 - Moving-In Costs: These include the moving van, deposits on electric and other services, purchase you will be making such as furniture, dishwasher, washing machine, dryer, etc. Enter the amount in Moving-In Costs. 6 - Calculate: The values are updated as you tab from entry to entry.