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Updated over 1 year ago,
High closing costs.
Do these closing costs seem high to anyone
Loan amount is $131,000 at 7.5% interest with 25% down.
~$11,000in closing costs:
4.4% points ($4,500)
$1500 underwriting and processing
$700 appraisal and credit report
$1300 in title related charges
$1000 in taxes
$1300 in pre-paid
$800 in escrow