Conventional Mortgage Closing Costs

Charges to Seller

  1. Doc Stamps Deed at 70¢ per $100.00
  2. Abstract or Credit toward Buyers Title Insurance.
  3. Real Estate Commission
  4. Pay off Existing Loans
  5. Record Satisfaction of Mortgage - $10.00
  6. Tax Proration to date of Closing
  7. Solid Waste Proration to date of Closing
  8. Special Assessment Payoffs or Prorations

 

Charges to Buyer

  1. Recording Fees:
    1. Deed - $10.00
    2. Condo Consent - $10.00
    3. Mortgage - $137.50 estimate
  2. Discount Points (prevailing)
  3. Doc Stamps on Note - 35¢ per $100.00
  4. Owners and/or Lenders Title Insurance
  5. Intangible Tax on Mortgage - 20¢ on $100.00
  6. Survey - approximately $400.00 to $500.00
  7. Termite Inspections - approximately $75.00
  8. Escrows: As indicated by individual Lender
  9. First Years Homeowners and/or Flood Insurance (if applicable)
  10. Condo Approval Fee - approximately $100.00