Estimated Closing Costs on Conventional Sale
(Closing Costs Will Vary with Different Lending Institutions and Title Companies)
BUYER
| Sales Price | $100,000 |
$200,000 |
$100,000 |
$200,000 |
| Down Payment (20%) | 20,000 |
40,000 |
20,000 |
40,000 |
| Mortgage | 80,000 |
160,000 |
80,000 |
160,000 |
| Estimated Closing Costs: | Ashtabula | Ashtabula | Lake | Lake |
| Property Appraisal | $300.00 |
$300.00 |
$300.00 |
$300.00 |
| Location Survey | 135.00 |
135.00 |
135.00 |
135.00 |
| Title Ins. (ATA for Bank $100 + 1/2 O.F.) | 387.50 |
643.75 |
387.50 |
643.75 |
| Commitment |
100.00 |
100.00 |
100.00 |
100.00 |
| E.P.A. Endorsement | 75.00 |
75.00 |
75.00 |
75.00 |
| 1/2 Escrow Fee | 300.00 |
300.00 |
300.00 |
375.00 |
| Credit Report, Misc. Expenses | 150.00 |
150.00 |
150.00 |
150.00 |
| Estimated Total | $1447.50 |
$1703.75 |
$1447.50 |
$1778.75 |
Plus:
Home Insurance Policy, Real estate tax, Homeowners
Insurance and Interest reserves 2 to 5 months.
Credits:
Real Estate Taxes to Date of Filing Deed for record Charged to
Seller, Credited to Buyer.
COSTS SUBJECT TO CHANGE