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What % were your closing costs?

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MockingJay
Ring out the old...

Member since 9/08

1312 total posts

Name:
Ring in the new!

What % were your closing costs?

Just curious. I know they can be from 3-6% typically but I was just wondering what you actually ended up paying.

One Mortgage broker told me it rarely goes over 3% but I still want to prepare myself.

Posted 5/12/11 11:37 AM
 
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BethanyLynn
Love these munchkins

Member since 10/09

6295 total posts

Name:
Bethany

Re: What % were your closing costs?

4% of home purchase price.
Roughly 14K
Sickening.

ETA This is with 20% down! Chat Icon

Message edited 5/12/2011 11:40:19 AM.

Posted 5/12/11 11:39 AM
 

MockingJay
Ring out the old...

Member since 9/08

1312 total posts

Name:
Ring in the new!

Re: What % were your closing costs?

Posted by BethanyLynn

4% of home purchase price.
Roughly 14K
Sickening.

ETA This is with 20% down! Chat Icon



Where did you buy?? Does that have an effect?

I'm guessing how much you're paying in taxes will have an effect on your % as well...or am I totally off base?

Posted 5/12/11 11:45 AM
 

BethanyLynn
Love these munchkins

Member since 10/09

6295 total posts

Name:
Bethany

Re: What % were your closing costs?

Posted by Belongs2DanBuckley

Posted by BethanyLynn

4% of home purchase price.
Roughly 14K
Sickening.

ETA This is with 20% down! Chat Icon



Where did you buy?? Does that have an effect?

I'm guessing how much you're paying in taxes will have an effect on your % as well...or am I totally off base?



Bought in E Meadow.

Yes, the amount of taxes does play a role. You need to prepay some taxes at closing so it depends on when you buy and how much the taxes are.

Posted 5/12/11 11:50 AM
 

ndblovah
Be happy always

Member since 1/07

1880 total posts

Name:

Re: What % were your closing costs?

maybe 5%... of the sale amount I believe.

Posted 5/12/11 11:58 AM
 

maymama
my little loves

Member since 8/08

18453 total posts

Name:

Re: What % were your closing costs?

we are putting roughly 40% down but i dont think that matters. our attorney told us that is almost always works out to 4.5% of the total purchase price of the home Chat Icon

Posted 5/12/11 12:09 PM
 

Salason

Member since 6/05

9878 total posts

Name:

Re: What % were your closing costs?

3.5%

Posted 5/12/11 1:11 PM
 

CaMacho
Sisters :)

Member since 7/06

15112 total posts

Name:
Jess

Re: What % were your closing costs?

Posted by Salason

3.5%



About the same... we are in FL.

Posted 5/12/11 4:33 PM
 

Shroggie
Don't Worry...Be Happy

Member since 5/06

6261 total posts

Name:

Re: What % were your closing costs?

4%

Posted 5/12/11 10:09 PM
 

05mommy09
Family of 5!

Member since 5/05

15364 total posts

Name:
<3 Mommy <3

Re: What % were your closing costs?

about 5% of the purchase price

Posted 5/13/11 7:43 AM
 
 

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