Buyer's Estimated Closing Figures

Earnest Money Deposit	-	*
Inspection(s)	-	*
Appraisal Fee	-	*
Credit Report	-	*
Survey	+	*
Down Payment	+	not including earnest money
Loan Fee(s)	+
Processing Fee	+
Documentary Fee	+	State Tax
Recording Fee	+	$ 5.00 per page (7-10 pages)
Prepaid Taxes and Insurance	+
Prepaid HOA	+
Prepaid Interest	+	per day closing to end of month
Title Insurance	+	for lender
MIP or PMI premium	+
VA Funding Fee	+
Other	+
Total Closing Costs	=

*These items will have been paid prior to closing (prepaid) or POC (paid outside of closing), and should be included in calculating your total costs. The last total should be the estimated amount of certified funds needed at closing. When you get the amount from your lender, have the certified check made payable to YOU! And, don't forget to bring your Driver's License or State ID to closing.
FHA loans can be increased to include closing costs and mortgage insurance VA loans may be no money down, and you (the Vet) may pay finance points. VA Funding fee is 2.25% of the base loan amount. If you like assistance with any of the formulas, just ask.

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