Financing Closing Costs Calculator

Along with the down payment you will be making when you close on your home,  you'll also have to pay closing costs.  These are costs are miscellaneous fees charged by those involved with the home sale.  This could include the lender processing the loan, the title company handling the paperwork, a land surveyor, local government offices for recording the deed, etc. The average closing costs percentage is usually about 2-5% of the purchase price, but 1-8% is not uncommon.  Use this calculator to estimate your total closing costs based on typical closing costs.  

down payment:

down payment:The portion of the value of the property the buyer pays for without the help of financing.

closing costs:The final costs encountered in a real estate transaction. These costs include title examination, title insurance, attorney

closing:The final, legal act of a transaction, where contracts are agreed upon and finalized, and monies are exchanged.

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