Closing Costs/Fees on $100k Mortgage

[James Edwards]

What would you expect to pay for all closing costs, fees, appraisal etc. on a $100k mortgage using a mortgage broker. Would 6.5% fee be too high?

[Caleb Heimsoth]

You can’t look at it like a percentage. It’ll be a higher percentage for smaller mortgages. Typically I’ve seen 4-5k for everything.

This assumes you’ve got got good credit and don’t live in an expensive area tax wise