The Realtor You'll Recommend

 

 

What Fees and Costs Can you Expect?

 

Use the following guide to estimate the costs you may incur in the purchase of your home.

 

Earnest Money (deposit made with your offer, amount varies)                           

Down Payment (purchase price less mortgage amount, less earnest

    money deposit)                                                                                             

Structural Inspection (varies, generally $250-$350)                                            

 Radon Test additional  (varies, $50-150)                                                          

Attorney Fee (varies, check with your attorney)                                                

Recording Fees (usually around $150)                                                              

Equalization Form (county clerk, usually $75)                                                   

Tax Adjustment (depends on the closing date.  Ask your loan officer                  

    to help you estimate.

Homeowners Insurance (most banks will require the first years premium 

    be paid prior to closing.  Check with your insurance agent for an estimate)    

Mortgage Closing Costs   (all banks vary with closing costs.  When you

    visit you loan officer to be pre-qualified, be sure to ask for a estimate       

     of closing costs):

     *Application Fee          *Origination Fee

     *Appraisal Fee             *Credit Report

     *Bank Attorney            *Flood Insurance

     *Title Insurance            *Escrow Account

     *PMI Insurance            *FHA/VA insurance                                             

Miscellaneous Costs                                                                                         

 

Total Estimated Expenses