May 22, 2012 6:39PM
Scottsdale, AZ 103°F

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Common Closing Costs for a $500,000 Home

Buyer Fees
Escrow Fee		$400.00
Alta Lenders Title Policy		$1,948.00
Appraisal Fee		$350.00
Credit Report		$20.00
Hazard Insurance Premium		$899.00
Prepaid Hazard Insurance for 3 Months		$149.00
Property Taxes Prepaid for 3 Months		$543.00
Endorsement (Per Loan)		$150.00
Overnight Shipping Charges		$50.00
E-Doc Fee Escrow Company		$75.00
Recording Fee ($20 Per Loan)		$40.00
Lender Fees (Varies Per Lender)
Loan Origination (0-1%)		$0.00
Discount Points (Depends on the Rate)		$0.00
Admin Fee ($0-$250)		$200.00
Underwriting Fee ($450-$750)		$500.00
Processing Fee ($300-$495)		$300.00
Wire Transfer Fee ($20-$60)		$50.00
Document Prep Fee ($150)		$0.00
Tax Service Fee		$75.00
Flood Certification		$25.00
_______________________________________________________________________________
Approximate Total Closing Costs for Buyers		$5,774.00

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