How much are closing costs?
I think it's usually about 5% of the home price, correct?
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How much are closing costs?
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Re: How much are closing costs?
If I am remembering correctly it was about 10%.
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Re: How much are closing costs?
10%?!?!?!? That is going to cut into our down payment big time.
After the wedding and buying our first home, we are officially going to be pooooooooooooooooooor, like $0 in our bank account.
After the wedding and buying our first home, we are officially going to be pooooooooooooooooooor, like $0 in our bank account.
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Re: How much are closing costs?
I believe on the numbers they crunched for us, they were 3-4%. Definitely less than 10%.
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Re: How much are closing costs?
Ours was about 5% of the price of the house, not the mortgage.
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Re: How much are closing costs?
ours were about 4% of the purchase price, we just bought last month.
