Closing cost estimator from Yahoo, I can usually get most of it rolled into the loan.

 

Standard Closing Costs

Before you find the house of your dreams, it’s important to gauge how much money you’ll need at closing.Although many lenders offer “zero point” loans to borrowers to help reduce your costs, there are still plenty of fees and deposits that you’ll have to make during final closing. Here’s an example of what you can expect to pay:

Fees for a $50,000 Loan Fees for a $100,000 Loan Fees for a $200,000 Loan
Loan application fees
and credit report
$75 to $300 $75 to $400 $75 to $400
Loan origination fee (1%) 500 1,000 2,000
Points (1 to 3%) 500 to 1,500 1,000 to 3,000 2,000 to 6,000
Title search and
insurance fees
450 to 600 450 to 600 450 to 600
Lender’s attorney 150 to 400 150 to 400 150 to 400
Appraisal 150 to 400 150 to 400 150 to 400
Homeowner’s insurance 300 to 600 500 to 800 700 to 1,000
PMI 350 to 675 750 to 1,500 900 to 1,750
Inspections 175 to 300 175 to 300 175 to 300
Survey 125 to 400 125 to 400 125 to 400
Recording fees 40 to 60 75 to 150 100 to 200
Transfer taxes 75 to 1,125 75 to 1,125 75 to 1,125
Buyer’s attorney 400 to 700 1,200 to 1,500 1,500 to 3,000
Escrow deposit for taxes* (depends on closing date) 100 to 800 100 to 2,400 100 to 3,000
Partial month’s interest (depends on closing date) 20 to 400 50 to 1,200 100 to 2,400
Subtotals $3,335 to $8,660 $6,125 to $8,850 $9,550 to $22,975
Plus Down Payment $5,000 $10,000 $20,000
Totals $8,335 to $13,660 $16,800 to $18,850 $29,500 to $42,975

Note:* Real estate closing practices vary widely from state to state and county to county. Where you live will determine what you will have to pay. Even if you are not required to escrow money for taxes, you may want to set aside this amount to assure that you will be able to pay these tax bills when they fall due.

 

About Nathan Neely

Nathan Neely is ranked in the top 1% of all agents on Trulia! Here is his quote: "My name is Nathan Neely, and I have been putting smiles on people's faces by finding the perfect home for over ten years. The best part of my job arrives each time I hand over the keys to an excited buyer, and this huge smile and glimmer in his/her eyes appears."

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