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Attorney
Fees: Title exam, settlement, notary ($450) _______
Courier Service:
Mortgage company to attorney, wire processing ($35-$45) _______
Owner’s and
Lender’s Title Insurance: $4.40 per 1,000 of sales price plus $35 _______
Transfer and
Recordation Tax: (calculated on sales price) Prince George’s County Transfer
Tax (1.4%) _______
State Transfer
Tax (1/2%) _______
Recordation
Stamps _______
Prince
George’s
County ($4.40 per 1,000) _______
Financing Fees:
Doc Prep and Misc. ($400) _______
Survey ($195
for location survey) _______
Credit Reports
($55-65 per applicant or married couple) _______
Appraisal ($300
Conv, FHA $375, Condo $400, VA $300) _______
Assumption
Fees _______
Loan Origination
Fee _______
Tax Service
($68) _______
Termite Inspection
($55) _______
Flood Cert
($22) _______
VA Funding
Fee: 2% -3% _______
FHA Up Front
MIP 2.25% for 30 yrs (n/a condo) _______
Private Mortgage
Insurance: base loan amount _______
Prepaids and
Escrows: Prepaid Interest on new loan _______
Taxes Escrowed
_______
Homeowner’s/Hazard
Insurance _______
2 months Homeowner’s
Insurance escrow _______
Condo or Homeowner
Association fee _______
2 months MIP/PMI
_______
Other: Broker
Administrative Fee: ($225) _______
Homeowners
Warranty ($370) _______
Home Inspection
(Radon, Termite, Lead, Additional) (1% of Purchase Price) _______
Total
Closing and Prepaids _______
Down
Payment _______
Approximate
Cash Needed to Settle _______
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