Mortgage Closing Costs Calculator

March 11, 2010

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Items		Amount($)	Approximate Cost
Purchase Costs
Price of Property	$		Varies
Expected Mortgage Balance	$		Varies
Contract Deposit	$		Varies
Down Payment	$		Varies
Non-Recurring Closing Costs
Points / Loan Origination Fee	$		Varies
Assumption Fee	$		$0 unless FHA/VA
Credit Report	$		Usually $50-$100
Appraisal	$		Usually $200-400
Recording, and Notary Fees	$		Usually $50-$100
Title Insurance (ATA)	$		Usually $200-$400
Escrow Fee	$		Usually $200-$800
Document Preparation Fee	$		Usually $200-$800
Tax Service	$		Usually $50-$100
Prop. Inspect. Fee(s) (Termite, Roof, etc.)	$		Usually $150-$250
Homeowners Assoc. Transfer Fees	$		Usually $0-$100
Attorney's Fees	$		Usually $0-$500
Misc. Fees	$		Usually $75-$150
Recurring Closing Costs and Pro-rated Costs
Property and Hazard Insurance	$		Varies
Property Tax	$		Varies
Interest Pro-ration	$		Varies
Private Mortgage Insurance	$		Varies
Pro-Rated First Month Payment	$		Varies