Closing and UpFront Costs upon Home Purchase

Closing and Initial Cost Calculator

Home Cost($)			Total Cost of your new Home
Down required for Mortgage($)			Total down payment (down payment - cost = mortgage amount )
Earnest down payment($)			The total down payment or earnest money given to the Real Estate Agent
Insurance($)			Home owners insurance. This is required by lenders in Florida and will vary upon location.
Taxes($)			The approximate annual real estate taxes. This may be found at the applicable count appraisers web site.
Interest Rate			Mortgage interest rate
Purchase Month			Month when you expect your purchase to close. The closing date is the date ownership is transferred to you.
Purchase Day			Day of the month when closing will take place
Points			The amount of points that your lender will charge

Escrow (Taxes, Insurance)			May vary by lender
Points
Closing Fees
Title Insurance
Recording
City/County Stamps Fee
State Stamps Fee
Survey			May be Prepaid
Inspection			May be prepaid
Insurance			May be Prepaid
Mortgage Interest
Initial Total Costs			Anticipated closing Costs (Your costs may differ)
Funds Required at Closing			Closing costs including the mortgage down payment less any earnest money. The funds you require may differ

Automatic recalculation

Use the above as guide, other fees may apply. Law requires all lenders to provide good faith estimate of closing costs.

HarderAndSmarter Realty
Lake Worth, FL