Let's Crunch Some Numbers
Estimated Closing Costs
The Tirone & Weaver Team can help you with understanding and calculating your closing costs.
Closing Costs are fees you pay to finalize your real estate transaction. When you get a loan, the purchase of a home includes elements like the cost of the home appraisal and home title searches which are both required by the lender.
Remember Closing Costs can sometimes be negotiated down, and they don’t include your down payment.
EXAMPLE:
Typically, Closing Costs are 3%-6% of the total loan amount.
If your mortgage is $400,000, you can expect Closing Costs to be roughly $12,000- $18,000.
For your convenience, we have linked to the Campbell & Brannon closing costs fee calculator so that you can get an estimate.