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Closing Cost Examples

Freddie Mac, on its website, gives the following as examples of closing costs. On the website, www.freddiemac.com, you can insert dollar amounts after the following items and make calculations:

• Purchase price
• Loan amount
• Term (years)
• Interest rate
• Discount points
• Origination fee
• Lender fees
• Credit report
• Escrow fee
• Lender’s title insurance
• Recording fee
• Transfer tax or other city, county, or state tax
• Appraisal report
• Survey fee
• Termite infestation report
• Yearly property tax
• Yearly property insurance

This entry was posted on Monday, July 17th, 2006 at 2:57 pm and is filed under Home Buying, Real Estate Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.