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Updated over 9 years ago,

User Stats

222
Posts
35
Votes
Tereal Wilsonn
  • Rental Property Investor
  • Oak Park, MI
35
Votes |
222
Posts

Closing on a va loan ,

Tereal Wilsonn
  • Rental Property Investor
  • Oak Park, MI
Posted
In the process of closing a va loan , does these numbers look right Processing Fee: $650 Real Estate compliance Fee: $495 Admin Fee: $870 Appraisal fee: $550 Credit: $50 Re inspection Fee: $150 – this is a just in case appraiser needs to go back out. Pre-paid interest: $209.60 First Year of insurance: $1020 Escrow deposit: $750.99 Closing Fee: $550 Title Insurance: $334 Courier Fee: $50 Recording Fee: $90 Prorated taxes: $1562.22 Total: $6672.21 For a 30 year fixed with 4.5% rate you’re looking at the following monthly: Principal and Interest: $430.68 Insurance: $85 Winter: $3.58 Summer: $161.75 Total: $681.01

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