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Updated over 11 years ago on . Most recent reply

User Stats

20
Posts
1
Votes
Francisco B.
  • Bergen County NJ
1
Votes |
20
Posts

Are my closing costs to high even for NYC?

Francisco B.
  • Bergen County NJ
Posted

Hello all. I'm wondering if my closing costs are to high even for NYC.

3 Family new construction 9br, 5b, finished bsmt.


Interest 4.5%, 30 year fixed

Home price $680,000




Our origination fees

$1,790.00

Flood Certificate

$25.00

Prepaid Intrest 15 days

$1,006.03

Title services & lender title ins

$850.00



Pre paid finnance charges




Appraisal fee

$550.00

Compiance inspection (if applicable)

$150.00

First year home owners insurance

$1,800.00

Home owners insurance 2 months@ $150

$300.00

Taxes 3 months @ $416.67 per month

$1,250.00



Title services and lenders title insurance


Lenders title ins

$677.00

Departamental charges

$475.00

Bankruptcy & company charges

$185.00

Endorsements

$350.00

Escro service fee / contin

$300.00





Owners title insurance

$2,749.00

Recording fees

$550.00

Transfer taxes

$12,410.00

State tax/Stamp

$10,472.00

Survey

$500.00




$36,389.04



total cost

$716,389.04

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