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How can you figure what closing costs are going to be?

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May 04 2012 - Forestdale
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Your lender should be able to give you a good faith estimate. 
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May 04 2012
Hello, It does depend on the type of financing you will have, the loan amount and your credit score. A lender is the best one to tell you the best estimate, the average today is 3-5% of your loan amount. Many sellers/banks are contributing 2-3% towards the buyer's closing costs-which can help a lot.

I would love to help you figure this out in more detail that fits your situation.

Warm Regards,

Sia Howe
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May 04 2012
As realtors, we can give you an idea but since you need a preapproval, to make an offer. Your loan officer is person that can give you more accurate info. Best of luck to you.
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May 04 2012
Instead of guess a figure speak to a lender and let the lender give you a good faith estimate based on the purchase price and your ratios.

Good Luck
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May 04 2012
Figure at least 3% of the sale of the home but this is just an estimate.  Could be more and could be less.
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May 04 2012

Your Realtor should be able to give you a good estimate.  I have a page on this for my website for Florida real estate.

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May 04 2012
 
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How can you figure what closing costs are going to be?
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