Follow Us: Google+
 
Bankrate.com

2011 Closing Costs Survey
mortgage
South Dakota closing costs

2011 Closing Costs Survey » United States » South Dakota Closing Costs

Loan amount: $200,000
South Dakota closing costs
Overview
Average origination fees charged by lender$1,558
Average title and third-party fees$2,124
Average total fees$3,682

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$739
Application$245
Commitment fee$615
Document preparation$73
Broker, originator or lender$927
Processing$495
Tax service$73
Underwriting$113
Wire transfer$25
Third-party fees
Appraisal$409
Attorney, closing or settlement$448
Credit report$19
Flood certification$10
Employment verification$58
Inspections (pest, etc.)$110
Postage/courier$55
Survey$340
Title search and title insurance$1,432

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
Compare Mortgage Rates
Zip code:
Product:



advertisement
Most Read
  1. Headlight requirements by state
  2. Nick Nolte's house for sale
  3. 8 eerie ghost towns
  4. 7 sedans for the young at heart
  5. Social Security traps to avoid
  6. 8 affordable, classic cars for retirees
  7. 10 cars for a midlife crisis
  8. 7 Social Security benefits
  9. 9 gas-only, fuel-efficient cars
  10. Top 10 states for foreclosure
Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.67% 3.62%
15 yr fixed mtg
2.80% 2.76%
5/1 ARM
2.60% 2.58%
30 yr fixed mtg refi
3.65% 3.61%
View rates in your area:
 

Feeling lost in the mortgage wilderness?

Let Bankrate's Mortgage Analysis be your GPS. This newsletter tracks our exclusive mortgage features, rates and tools. Delivered Thursdays.
 
advertisement
The CFPB ordered a Texas homebuilder to return more than $100,000 in illegal fees.
Partner Center
advertisement

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.