Closing Expenses Estimates

See "Seller/Interested Party Contributions" to determine how much can be built into your contract offer as Seller Concession.  Please call if you have questions.

What are Closing Costs? 
Closing costs are the cost of the actual loan, which include items such as the appraisal fee, title insurance fees, attorney fees, and lender fees.  

What are Pre-Pays?
To the name, they are funds collected at time of closing for future payments.  The typically include:  one year's home owner's insurance policy, days of interest for the month of closing, and funds to populate your escrow accounts for taxes and insurance.

Conservative Estimates:

   Price          Closing Cost      Pre-Pays
$100,000............... $5,000............. $1,600
$125,000............... $5,300.............. $1,800
$150,000............... $5,800.............. $1,900
$175,000............... $6,200.............. $2,000
$200,000............... $6,500............. $2,100
$225,000............... $6,900.............. $2,200
$250,000............... $7,300.............. $2,500
$275,000............... $7,700............... $2,800
$300,000............... $8,000.............. $2,900
$325,000............... $8,300.............. $3,200
$350,000............... $8,800.............. $3,300
$375,000............... $9,200............... $3,600
$400,000............... $9,800............... $3,800
$450,000................$10,000............. $4,000