Does this seem high to you?

[Alan Ouellette]

My wife and I just got pre-approved for a mortgage. We are looking for a townhouse to rent out for income. I just received the pre-approval letter from the credit union and I want to see what people here on bp think. We're re in NH and the northeast is notoriously expensive, but for a loan of about $206k, do closing costs of $9000 sound about right? I does include prepaid property taxes and the 1st years insurance premiums. What are you seeing in your areas?