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Buyer Closing Costs :
CONV. VA FHA ASSUMP

Amortization Table:

20 20

Appraisal:

250-350 325 325

Assumption Fee:

1% loan** 125no-qual 125no-qual

Attorney’s Fee:

150-225 165** 165

Credit Report:

~65 ~65 ~65

Discount Points:

Negotiable Negotiable

Escrow Balance:

Assump $

Escrow Fee:

85 85** 85 85

Homeowner Assn.:

Prorated Prorated Prorated Prorated

Inspection Fee:

100 50-75** 50-75

Insurance:

Prorated

Lender req'd Reserve:

2-3 months 2-3 months 2-3 months

Messenger Fee:

Actual 50** NotAllowed Actual

Mortgage Title Policy:

175 175 175

Origination Fee:

1% Loan 1% Loan 1% Loan

Photographs:

10 10

Recording Fee:

30 Actual 30 Actual 30 Actual 15

Restrictions:

25 25 25

Survey:

Actual(350) Actual(350) Actual(350)

Tax Service Fee:

100-125

Termite Inspection:

55 50 50

Underwriting Fee:

100-125

VA Funding Fee:

*

Warehouse Fee:

100

* 100% Financing + 01.25%, 5-10% down=0.75%; Above 10%=0.5%; Assumption=0.5%

** A veteran may not pay attorney fees, escrow fees and messenger fees if paying 1% loan origination fee.

 

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