Closing Costs
Closing costs are the thousands of dollars in fees associated with getting a mortgage or refinancing a home loan and typically amounts to 2 percent to 5 percent of the loan principal but can vary by state.
Latest Closing Costs Articles
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How much does it cost to sell a house?
Learn how much it costs to sell a house with this overview.
5 min read Feb 02, 2021
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15 key mortgage terms, explained
Here’s Bankrate’s guide to some of the most common mortgage terms.
5 min read Nov 24, 2020
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What are seller concessions?
Depending on the market, seller concessions don’t always pan out for the buyer.
3 min read Nov 18, 2020
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How to avoid ‘junk’ fees when getting a mortgage
Some closing costs may be “junk fees.” Here’s what to watch for.
3 min read Nov 09, 2020
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How to read and compare mortgage loan estimates
A loan estimate is just that: an estimate. Here’s what you need to know.
6 min read Oct 27, 2020
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Ask Bankrate: Is the new 0.5 percent refinance fee here to stay?
A reader asks: Do you see the new fee on refinancing mortgages being permanent?
6 min read Oct 23, 2020
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How to choose a closing date for your mortgage
There are pros and cons to closing on your home purchase before the end of the month.
6 min read Oct 15, 2020
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How often should you compare mortgage rates?
It’s important to check rates regularly when looking to purchase or refinance.
4 min read Oct 12, 2020
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Closing costs vs. prepaids: What’s the difference?
You may hear these terms used interchangeably, but they are two different expenses.
4 min read Oct 08, 2020
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What are APR fees on a mortgage?
Here’s a closer look at what fees are typically included in APR and what isn’t.
3 min read Oct 06, 2020