Closing Cost Calculator for Purchasers – Version 1.3

  
   
 ABOUT THE PROPERTY  
   
What type of property are you purchasing?
What is the location of the property?
   
What is the purchase price?
How much of a deposit will you make on signing the contract?
Annual real estate taxes on the property:
What is the estimated annual property insurance premium:
   
 MORTGAGE INFORMATION  
   
How many morgages are involved in the purchase, or, is this an all cash transaction?
   
What is the amount of the mortgage
Over how many years will the mortgage be amortized?
What what is the annual interest rate on the mortgage?
Broker fee (if any):
Bank fee (if any):
   
 SURVEY INFORMATION  
   
What type of survey services will you require?
   
 STANDARD CLOSING EXPENSES  

The following are various sums you will be paying at closing. If your actual cost differs for any of these, please enter it in the appropriate box, otherwise use the default values.

  
   
Your closing attorney’s fee:
Bank attorney’s fee:
Title search:
Appraisal:
Recording deed:
Recording powers of attorney:
Closer’s gratuity:
   
 

 

Please note that there will be additional costs or adjustments which are not shown in this print out. Theses adjustments must be paid to the seller, and will include property taxes (city, town, village school, etc), water & sewer fees, fuel oil, prepaid mortgage payments, etc. These costs vary, and depend on many factors such as locality, payment periods, payment terms and other factors. Please consult your lawyer for more details.