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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What is a settlement statement in real estate?
The document that used to be called a settlement statement is now known as a closing disclosure.
5 min read Oct 27, 2023 -
Cost to buy a house in California
The median price of a single-family home in the Golden State is high.
6 min read Oct 27, 2023 -
How often can you refinance your home?
More than once, certainly. But making a habit of it gets costly.
7 min read Oct 23, 2023 -
Who pays closing costs in Massachusetts?
The Bay State’s high home prices can result in high closing costs, too.
4 min read Oct 23, 2023 -
How to avoid mortgage rate lock extension fees
Protect yourself from being charged over a loan delay that wasn’t your fault.
3 min read Oct 23, 2023 -
Closing costs in Minnesota
Who pays closing costs in a Minnesota home sale, and how much are they?
5 min read Sep 29, 2023 -
Closing costs in Illinois
Both buyers and sellers have some form of closing costs to cover in the Prairie State.
5 min read Sep 14, 2023 -
Closing costs in Virginia
What buyers and sellers pay in closing costs depends largely on how expensive the house is.
5 min read Sep 08, 2023 -
Closing costs in Indiana
Indiana has no transfer tax, but there are other closing costs to consider.
4 min read Aug 28, 2023 -
Closing costs vs. prepaids: What’s the difference?
You may hear these terms used interchangeably, but they are two different expenses.
3 min read Aug 17, 2023
Related Topics
Helpful Links
- Closing cost guide
- How to buy a house
- How to negotiate your mortgage closing costs
- Average mortgage closing costs by state
- Understanding the closing process
- How much does it cost to buy a house?
- Mortgage closing costs vs. prepaids
- How much does it cost to refinance your house?
- No closing cost mortgage
- No closing cost refinance