Closing Costs for Buyers

When purchasing a home, you should plan to spend more than the actual purchase price of the home. The additional expenses you will incur are typically referred to as “Closing Costs”. These expenses are typically paid at closing, but some expenses may be rolled into the mortgage you are obtaining.

The list below is a framework for the type and approximate amount of expense you should plan for. Please remember to consult your real estate attorney and mortgage lender to ensure the accuracy and completeness of these expenses.