2011 Closing Costs Survey
mortgage
Pennsylvania closing costs

2011 Closing Costs Survey » United States » Pennsylvania Closing Costs

Loan amount: $200,000
Pennsylvania closing costs
Overview
Average origination fees charged by lender$1,645
Average title and third-party fees$2,877
Average total fees$4,522

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$672
Application$170
Commitment fee$615
Document preparation$60
Broker, originator or lender$1,162
Processing$395
Tax service$67
Underwriting$113
Wire transfer$25
Third-party fees
Appraisal$389
Attorney, closing or settlement$140
Credit report$11
Flood certification$10
Employment verification$15
Inspections (pest, etc.)$125
Postage/courier$55
Survey$680
Title search and title insurance$2,325

Select a state:

Bankrate.com surveyed up to 10 lenders in each state in June 2011 and obtained online good faith estimates for a $200,000 mortgage to buy a single-family home with a 20 percent down payment. Costs include fees charged by lenders, as well as third-party fees for services such as appraisals and title insurance. The survey excludes taxes, property insurance, association fees, interest and other prepaid items.

« Back to the 2011 Closing Costs Survey results page.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
MORTGAGE & REAL ESTATE NEWSLETTER

Timely market news and advice for consumers ready to buy, sell or invest in real estate. Delivered weekly.

Blog

Polyana da Costa

Bullish jobs report bad for rates?

The employment report released this morning is great news for the economy but not so much for mortgage borrowers.  ... Read more

advertisement
Partner Center
advertisement

Connect with us