Updated about 10 years ago on . Most recent reply
Closing on a va loan ,
In the process of closing a va loan , does these numbers look right
Processing Fee: $650
Real Estate compliance Fee: $495
Admin Fee: $870
Appraisal fee: $550
Credit: $50
Re inspection Fee: $150 – this is a just in case appraiser needs to go back out.
Pre-paid interest: $209.60
First Year of insurance: $1020
Escrow deposit: $750.99
Closing Fee: $550
Title Insurance: $334
Courier Fee: $50
Recording Fee: $90
Prorated taxes: $1562.22
Total: $6672.21
For a 30 year fixed with 4.5% rate you’re looking at the following monthly:
Principal and Interest: $430.68
Insurance: $85
Winter: $3.58
Summer: $161.75
Total: $681.01