So, it can be a large amount if the then current treasury is lower than your interest rate, not today's treasury rate.One way to confirm this, is to ask the lender to calculate what your yield maintenance would look like if you took out the loan, and then immediately prepaid it.

I just spent 2 months switching everything to tenant cloud and now they tell me my tenants cant pay with a debit card????

Although, calculating debit-to-income ratio stays the same --- I summed up how to figure your rental income in my earlier post.There are (or were before COVID-19) no-doc loan products but the interest rate is a few points higher which in this market isn't that bad. 

I'm assuming they are credit card auto-debits, please correct me if they are not.Did you have any unusual cancellations?

These generally include the following: attorney, title insurance, title search fees, escrows (eg home insurance, taxes), pre-paids(eg home insurance, taxes, first mortgage payment), recording fees, survey.

For more context:-The loan details and closing costs(which include prepaids) come from my lendor as of yesterday.- Taxes are high here and paid for the year up front- The first tab is to show if it makes sense once I move out.The 2nd tab labelled "rent" gives a glimpse of while I'm living there.

In addition to the above, I'm a legal tenant w a 2yr pre-paid lease.

You will come out the otherside with a line of credit, a new checkbook and maybe a debit card... assuming both the property and your income qualify :)

They appreciated being able to set reminders and automatically debit their accounts.I hope this helps! 

Hey guys, I have a duplex under contract and it will be my first home purchase. As I’ve never been through this process before, I wanted to get your opinions. Do these closing costs seem pretty typical? Purchase price...