FHA closing costs: What they are and how much you’ll pay
Like other types of mortgages, FHA loans come with closing costs. Here’s a breakdown of what to expect.
4 min read
Sep 02, 2025
David McMillin
Contributor, Personal Finance
Experience
David McMillin is a contributor to Bankrate covering personal finance, including mortgages, real estate, student loans and auto loans. From budgeting tips for individuals to funding strategies for aspiring business owners, his goal is simple: to help readers figure out how to save more and stress less. As a musician, he has spent a lot of time worrying about money, as well, and he applies the lessons he’s learned from that financial balancing act to offer practical advice for personal spending decisions.
McMillin studied writing at DePauw University. He is based in Chicago and loves to discover new places. He only needs to visit four more states (Alaska, Oklahoma, Utah and Vermont) to check all 50 off his list.
David's latest articles
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Rates or prices? Which need to drop to make buying a house more affordable?
If you’re thinking about buying a house in 2025, you’re likely hoping for some kind of relief to make the purchase feel a bit easier on your bank account. Eighty-three percent of U.S. adults who don’t [...]
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Should I buy a house now, or wait?
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How to avoid buyer’s remorse with your new home
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What is a purchase agreement, and how does it work?
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What is a VA streamline refinance, also known as a VA IRRRL?
A fast and easy way to cut the interest payments on your VA home mortgage.
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Condo vs. house: Which is best for you?
There are pros and cons to both types of properties, but one might be better suited to first-time buyers.
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Guide to mortgage rate locks: Definition, how it works
A lock helps ensure you don’t get burned by rising interest rates before you close.
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