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by baking
2150 days ago
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This site seems pretty decent: https://www.bankofamerica.com/mortgage/closing-costs-calcula... Your bank should be upfront about their lender fees, points and origination costs. Third party fees are either fixed or a simple percentage of the sale price. The rest can be tricky, but should not be a deal-breaker for a new homeowner. Basically you are just paying the expenses for a short while up front. Interest through the end of the month, real estate taxes through the end of the quarter, Home owners and mortgage insurance and real estate taxes for the escrow account to cover 2-3 months. |
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