Closing Cost Worksheet Pdf

Appraisal fee this is paid to the appraisal company to confirm the fair market value of the home.

Closing cost worksheet pdf. Closing date. Closing cost estimation worksheet origination fee usually ranges from 5 to 1 of the loan. Closing costs summary borrower paid closing costs a total non borrower paid cc b total closing costs a b total estimated funds needed to close purchase pricepayoff total estimated closing costs total estimated reserveprepaid costs discounts if borrower will pay. That estimate can vary widely depending on the loan amount mortgage type and area of the country in which you are buying or refinancing.

You can use this worksheet to get a rough cost estimate of the typical closing but please consult an attorney for a comprehensive estimate designed specifically for your situation. Use this worksheet to compare closing. Lenders charge all kinds of fees called closing costs for loans. Subtotal add discount based on line 4.

Closing cost comparison worksheet. Building inspection most inspector fees range from 150 400. Closing cost comparison worksheet lenders charge all kinds of fees called closing costs for loans. Survey this document details the location and dimensions of the homes lot.

The long list may overwhelm you at first. Closing costs average about 1 5 of the loan amount. If required the cost ranges from 300 450. Keep in mind that some of the closing costs may be paid to either the seller or added to your mortgage.

Many are negotiable if not with the lender then with the title company or closer. Existing va loan balance plus cost of energy efficient improvements 2. Price of property. Cost range is 40 60.

Your first years insurance is usually paid at closing. Closing cost comparison worksheet. Only some states require this legal fees. Combined these fees may range from 400 500.

Days left in yr. Subtract any cash payment from veteran. Estimated buyers closing cost worksheet created by michael lancsek earnest. In this article ive listed the most common closing fee descriptions and approximate costs.

Credit report fee this is a report to get your credit history and score. Section iii final computation section ii preliminary loan amount add other allowable closing costs and prepaids. Covers the cost of processing a loan. The long list may overwhelm you at first.

This covers the possible damages to your home. Poc paid outside closing pbs closing costs paid by seller earnest deposit in trust account when making offer. Hang on to your hatand your wallet.