2009 Closing Costs Exclusive
upwards pointing arrows on green grass with "$" on them, and a dollar in the blue sky
mortgage
State-by-state closing costs: Michigan

Select a state:
Closing costs
Loan amount: $200,000
Michigan
Origination, title and closing
Loan amount$200,000
Points ($)$680
Administration fee$0
Application fee$409
Commitment fee$565
Document preparation$285
Funding fee$0
Broker, origination or lender fees$1,400
Processing$306
Tax service$72
Underwriting$394
Wire transfer$0
Appraisal$373
Attorney, closing or settlement fees$408
Credit report$22
Flood certification$11
Inspections (pest, etc.)$50
Postage / courier$39
Survey$192
Title insurance$680
Title search$50
Government fees
Recording fee$75.95
City, county, state tax stamps or intangibles tax$35
Prepaid$1,019.04
Escrow$708
Total origination$1,398
Total title and closing$1,404
Total$2,802

« Back to map

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

Holden Lewis

Will the last homeowner please turn out the lights?

The homeownership rate keeps sinking. Now it's at its lowest level since 1994.  ... Read more

advertisement
Partner Center
advertisement

Connect with us