BUYING A HOME - COSTS TO CONSIDER
|
| BEFORE CLOSING EXPENSES |
| $500-$5000 | Earnest Money |
| $200-$300 | Home Inspection |
| $300-$450 | Appraisal Fee |
| $500-$3000 | Home Owner's Insurance |
| $200 | Utility deposit |
| CLOSING COSTS |
| 1% of Loan | Loan Origination Fee |
| $60 | Credit Report |
| prorated | Property Taxes |
| $300 | Closing (Title Co.) |
| $40 | Recording Fee |
| $250 | Underwriting Fee |
| $50-$60 | Plat Drawing |
| $1.15/$500 loan | Mortgage Registration Tax |
| Private Mortgage Insurance |
* Please also note that if your new home is within the city limits of Duluth, you will also be asked for a security deposit with your utility application from the City (Comfort Systems).