Know exactly how much cash you'll need at the closing table. Closing costs typically range from 2% to 5% of the home price.
| Loan Origination Fee (1%) | $2,400 |
| Appraisal Fee | $500 |
| Credit Report | $50 |
| Title Insurance (lender's) | $1,200 |
| Title Insurance (owner's) | $1,000 |
| Recording Fees | $200 |
| Attorney Fees | $750 |
| Prepaid Property Tax (2 mo.) | $590 |
| Prepaid Insurance (1 yr.) | $2,500 |
| Escrow Deposit | $500 |
| Total Closing Costs | $9,000 |
| Down Payment | $60,000 |
| Closing Costs | $9,000 |
| Moving Costs (estimate) | $2,000 |
| Total Cash Required | $71,000 |