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Updated over 8 years ago,
Do these closing costs look high to you?
Hey everyone. Quick question...
Single family home purchased with a conventional loan. 4.5% for 30 years and 20% down. Contract price was $72,500 and mortgage amount is $58,000.
CC, or "settlement charges" as my loan company calls them are right around $5500, or almost 8% of the purchase price.
Seem a bit high to anyone else other than me?
Thanks,
Pete