Cost Estimator

Use the Cost Estimator as a worksheet to estimate buyer and seller closing costs for conventional, FHA, VA, and cash loans. Print this page and use the blank section for estimating buyer and seller closing costs.

Effective 12/1/06. Prices (in $ USD) subject to change without notice.

	Conventional		FHA		VA		Cash
	Buyer	Seller	Buyer	Seller	Buyer	Seller	Buyer	Seller
Commission		varies		varies		varies		varies
Origination Fee (Lender)	1% loan		1% loan		1% loan		N/A	N/A
Discount Fee (Lender)	varies		varies		varies		N/A	N/A
Appraisal Fee (Lender)	400		400		400		N/A	N/A
Credit Report (Lender)	25		25		25		N/A	N/A
Final Inspection (Lender)	150		150			100	N/A	N/A
Flood Certification Fee (Lender) certification fee	25		25			25	N/A	N/A
Tax Service Fee (Lender)	113			113		113	N/A	N/A
Document Review (Lender)	200		200			200
Underwriting Fee (Lender)	250		250			250	N/A	N/A
Express Mail Fee (Lender)	varies		varies			varies
Miscellaneous Fees (Lender)	varies		varies			varies
Prepaids/Escrows (Lender)	varies		varies		varies
Homeowners Insurance	varies		varies		varies		varies
Attorney Fees	250	125	250	125		350		125
Title Insurance Premium	225	see rate chart	225	see rate chart	225	see rate chart		see rate chart
Escrow Fee-minimum (Title Co.)	325	325	325	325		650	325	325
Filing Fee (Title Co.)	110	23	110	23	110	23	23	23
Tax certificates (Title Co.)		45		45		45		45
Survey	300		300		300
Termite Report	80		80			80
Termite treatment		varies		varies		varies
Repairs (per contract)		varies		varies		varies
Residential Service Warranty	varies	varies	varies	varies	varies	varies	varies	varies
Subtotal

 

Buyer Estimated Closing Costs		Seller Estimated Closing Costs
Sales price		Sales price
(Less earnest money)		(Less earnest money)
(Less financing)		(Less financing)
Plus closing costs		Plus closing costs
Total		Total