2010 Closing Costs Study
mortgage
New York closing costs

2010 Closing Costs Study » Closing Costs » New York

Select a state:
Closing costs
Loan amount: $200,000
New York
Overview
Average origination fees charged by lender$2,015
Average title and third-party fees$3,608
Average total fees$5,623

Itemized fee averages
The fees itemized below, when added up, will not equal the averages listed above. Here's why: Each bank charges some of the fees listed below, but not all of them. The list below gives the average for each fee if charged by the bank, but each bank will charge only some, not all, of these fees.

Origination fees charged by the lender
Points$529
Commitment fee$700
Application$343
Document preparation$50
Broker, originator or lender$1,185
Processing$395
Tax service$69
Underwriting$200
Wire transfer$25
Third-party fees
Appraisal$359
Attorney, closing or settlement$543
Credit report$16
Employment verification$15
Inspections (pest, etc.)$125
Flood certification$8
Postage/courier$35
Survey$930
Title search and title insurance$2,925

 

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Product Rate Change Last week
30 year fixed 4.29%  0.01 4.30%
15 year fixed 3.23%  0.06 3.29%
5/1 ARM 3.33%  0.12 3.45%
 
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