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Closing Costs

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inlove10
LIF Infant

Member since 7/10

70 total posts

Name:

Closing Costs

How mauch are closing costs? We can't seem to get an accurate answer.

Posted 1/5/11 5:38 PM
 
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PumpkinGirl
:o)

Member since 10/08

1838 total posts

Name:

Re: Closing Costs

I think it will vary for everyone.. I don't even remember exactly what our was.. I think $15k ish.. Chat Icon

Posted 1/5/11 6:06 PM
 

Lori11514
LIF Infant

Member since 11/10

229 total posts

Name:

Re: Closing Costs

About 15k, but that doesn't include the monies that are escrowed, like a year of taxes and home insurance. For us, the out of pocket at close will be close to $24k.

Posted 1/5/11 6:44 PM
 

Mrs213
????????

Member since 2/09

18986 total posts

Name:

Re: Closing Costs

ours was around $12k

the paperwork from the bank is very confusing - I though it was going to be alot higher...

ETA: This is what we had to bring to closing - 12k

we had put our downpayment upfront at contract which was around 9k...

Message edited 1/5/2011 7:42:31 PM.

Posted 1/5/11 7:41 PM
 

Ma-n-Pa2008
Mommy's Big Boy

Member since 3/09

2584 total posts

Name:
Melissa

Re: Closing Costs

we went in thinking around $15k, but it was somewhere between $11-12k.

Posted 1/5/11 9:40 PM
 

JDubs
different, not less

Member since 7/09

13160 total posts

Name:

Re: Closing Costs

ours were around 15k

Posted 1/6/11 7:29 AM
 

Kelly9904
Mommy to 2 amazing little boys

Member since 5/05

9306 total posts

Name:
Kelly

Re: Closing Costs

If I remember correctly its 3-5% of your mortgage value.

Posted 1/6/11 10:11 AM
 

caps612
In love with my little guys!!

Member since 8/10

5108 total posts

Name:

Re: Closing Costs

i think ours were about $12K. its also depends on the timing of the tax payments, etc.

Posted 1/6/11 10:35 AM
 

ndblovah
Be happy always

Member since 1/07

1880 total posts

Name:

Re: Closing Costs

Posted by Kelly9904

If I remember correctly its 3-5% of your mortgage value.



I believe this is true.

Posted 1/6/11 12:11 PM
 

cindy104
This is my "Baby"

Member since 6/08

1522 total posts

Name:
Cindy

Re: Closing Costs

Posted by kokopelia

Posted by Kelly9904

If I remember correctly its 3-5% of your mortgage value.



I believe this is true.



I believe this is true as well. Alhtough, I think on average it could be anywhere from 10 - 15k

Posted 1/7/11 11:21 AM
 
 

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Has anyone looked into bank of americas no pmi/no closing costs? Dani00518 7/24/07 7 Home
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