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 6.0%, no home
owner association transfer fee, no origination or discount
fee, with the closing occurring at the end of the month
(8/30/03). Lender and escrow fees will vary.
FHA
Financing - 3% Down
The seller is required by the Federal Housing Association
to pay specific buyer's closing cost.
VA
Financing - Zero Down
The seller is required
by the Veterans Association to pay specific buyer's
closing costs.
Conventional
Finance - 20% Down
Closing costs are negotiated.
The form shows the standard split.
Explanation
of Estimated Costs
**This
information is provided as a courtesy and is only an
estimate. Diana Kai is released from any and all liability
as to the accuracy of the estimated cost sheet.
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