Loan amount: $200,000
New York
|
| 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.
|
| 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 |
|
| 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 |