What are Closing Costs?

At closing, the buyer will be required to bring funds covering down payment and closing costs. Following are estimates of costs that may be expected at closing.

All estimates are done on a home purchase price of $150,000, a 30-year loan at an interest rate of 5.0%, no home owner association fee, no origination or discount fee, with the closing occurring at the end of the month. Lender and escrow fees will vary. 

To reduce closing costs, we can explore different options of home ownership assistance programs, seller paying closing costs and gifting possibilities.

FHA Financing - 3.5% Down

VA Financing - Zero Down

Conventional Finance - 20% Down

*There are over 500 creative ways to finance a home. Call us today at 520.616.3426 for a hassle-free consultations.