Closing Costs
On a typical purchase of a home or condo in
Naples
Often people will use a guide to
allow for 2.5 - 3.0%
for the closing costs.
Example:
Purchase price: $289,000
Loan:
231,200
Borrower's costs:
Appraisal fee to the appraiser:
325.00
Document preparation fee to the lender:
175.00
Tax service to tax service company:
69.00
Flood certification to Flood data services:
18.00
Underwriting fee to lender:
190.00
Express fees to lender:
25.00
Application fee to lender:
75.00
Interest till first on next month:
783.86
Settlement fee to title company:
125.00
Abstract or title search fee to title co.:
75.00
Title examination fee to title co.:
50.00
Cost of the title insurance policy:
1,229.00
Form 9 to title insurance co.:
122.90
ALTA 8.1 for to title company:
25.00
ALTA 4.1 endorsement to title co.:
25.00
Alta 6.1 to title company:
25.00
Recording fees:
198.50
Record COA:
10.00
State Tax stamps on mortgage:
809.20
Intangible Tax:
462.40
TOTAL: 4,817.86