Buyer?s Estimated Costs

Buyer’s Estimated Costs

1. Credit Report $50.00

2. Appraisal fee $300.00

3. Home inspection $250.00 *

4. Survey $ 140.00

5. Processing fee $100.00

6. Title binder $50.00

7. Title insurance $50.00 *

8. Closing fee $185.00

9. EPA endorsement $75.00

10. One year hazard insurance $ 350.00 *

11. Tax service fee $ 75.00

12. Recording fee $ 65.00

13. Flood certification $ 25.00

14. Loan origination (if applicable) 1 % of mortgage

15. Loan discount (if applicable) 1 % of mortgage

16. Mortgage insurance (if applicable) 1 % of mortgage

17. Hazard insurance escrow 2-6 months

18. Property tax escrow 2-6 months

Remember: Property tax credit from the seller can offset some of these cash expenses.