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BUYING TIPS | BUYER CLOSING COSTS
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ESTIMATED BUYER CLOSING COSTS

1- Title Insurance (10% of Policy- $400-$600):
2- Title insurance endorsements ($35-$50):
3- Loan Origination fees(1% of Loan):
4- Discount Points (1 point= 1% of Loan):
5- Intangible tax ($0.002/$1) on new loans:
6- Documentary Stamps ($0.35/$100) on all notes:
7- Recording Fees ($40-$60):
8- Credit Report ($25-$50):
9- Appraisal Fee ($350-$400):
10- Survey ($225-$350):
11- Document Preparation Fee ($100-$150):
12- Tax Service Fee:
13- Underwriter Fees:($450-$900):
14- Express Mail Fees: ($25-$50):
15- VA Funding Fee (1% of Loan):
16- assumption Fee on Existing Mortgage:
17- Purchase of Escrow Account:
18- Home Inspection Fee ($300):
19- Homeowner's Warranty ($450):
20- Attorney's Fee (if any):
21- Others:
Estimated Escrow/ Prepaids Items:
1- Taxes (6 months):
2- Hazardous Insurance (1 year):
3- Hazardous Insurance (2 months):
4- First year Mortgage Insurance (1 year):
5- Mortgage Insurance (2 months):
6- Flood Insurance (14 months):
7- Prepaid Interest (1 month Interest):
8- Homeowner's Association Dues:
Total:



This is only an estimate of your closing costs. Please consult your lender for accurate results.

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Marlen Hernandez
Phone: 786-752-1814
REALTORŪ
Florida Real Estate Licensed

Florida Realty of Miami | (305) 598-5488 | 9415 Sunset Dr. Suite 236 Miami, FL 33173

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