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Updated over 8 years ago,
Closing costs
Hello everyone!
I started looking up what are the estimate closing costs in my area
and I found a calculator from one of the banks. The result was - estimate closing costs, including prepaid items and escrow account funds, for a fixed 30 year fixed-rate loan could be $6,030!
Is it possible??? I thought it would be about a thousand or so. But not 6000!!! We are struggling to pay the down payment. but if that`s what closing costs are, there is no way we can afford it.