BUYER COST SUMMARY BREAKDOWN

Appraisal..........................$ 250-550
Credit Check.....................$ 25
Tax Service.......................$ 60
Document preparation.....$ 125-175
Title Insurance.................$ .02%-.05%
Recording.........................$ 25-75
Survey..............................$ 50-150
State Tax Stamp...............$ 10-25
Taxes Impounded.............$ 2-8 month payments
Hazard Insurance.............$ 2 months payment
Mortgage insurance .........$ without 20% down = 2-12 months payment
Interest ............................$ 0-30 days' interest
Administrative fee............$ 50-100
Flood check Fee................$ 15-25
Lender Origination fee......$ 0%-2.0%
Lender Processing fee.......$ 100-300
Lender Underwriting Fee...$ 150-625
Tax Service Fee.................$ 20-150
Wire Transfer Fee..............$ 10-50
Courier Fee.......................$ 25-50

When you send your application to the lender, they review and process it. This costs them money, and therefore costs you money, usually between $750-$2000.

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