What will my closing costs be?

Calculator – What will my closing costs be for my homeloan?

Costs
What will my closing costs be?
A typical estimate — your Loan Estimate will be exact.
$350,000
20%
1%
$
$
$
$
Estimated closing costs$9,200
Origination (1%)$2,800
Title & settlement$1,800
Appraisal$600
Recording & other$1,500
Prepaids (escrow)$2,500
Loan amount$280,000
Approx. % of price2.6%
A typical estimate — actual closing costs vary by state, lender and property. Ask your loan officer for a Loan Estimate.
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Estimates for illustration only — not a commitment to lend.

Monthly payments are shown for illustrative purposes only. Other PMI, taxes, insurance, or applicable escrows may apply. Accuracy is not guaranteed and products may not be available for all borrower situations. Illustrative payment amounts assume a borrower(s) with excellent credit. Interest rates and annual percentage rates (APRs) are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables—call for details. This is not a credit decision or a commitment to lend. Depending on loan guidelines, mortgage insurancemay be required. If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available. APR reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as“points”) and loan-origination fees. One point is 1% of the mortgage amount (e.g. $1,000 on a $100,000 loan). Your monthly payment is not based on APR, but instead on the interest rate on your mortgage note.