Home Page Buyers Closing Costs
BUYER’S APPROXIMATE CLOSING COSTS
*These figures are general guidelines to aid Buyers in calculating their closing costs. The figures are based on N.J. estimates and are subject to errors and omissions and change without prior notice.
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$750.00 to $1,100.00 |
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$350.00 to $ 600.00 |
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$250.00 to $ 500.00 |
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$ 50.00 to $ 90.00 |
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(check with your attorney or the title company). |
MORTGAGE COSTS |
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(Includes credit report & appraisal) |
$300.00 to $ 600.00 |
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$275.00 to $ 325.00 |
(Varies, be sure to ask your lender)
Often required if mortgage is more than 80% of purchase price. |
$100.00 to $ 600.00 |
Fee paid to lender to “buy-down” interest rate on mortgage, One point equals 1% of the mortgage (1 point on a $100,000 mortgage equals $1,000)
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INSPECTION COSTS |
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$175.00 to $ 500.00 |
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$ 60.00 to $ 300.00 |
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$ 60.00 to $ 150.00 |
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$450.00 to $ 750.00 |
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$395.00 to $ 500.00 |
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$______ to $ ______ $500.00 to $1,000.00 |
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$500.00 to $1,000.00 |
Joanne Zitz
