Are my closing costs to high even for NYC?
Hello all. I'm wondering if my closing costs are to high even for NYC.
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3 Family new construction 9br, 5b, finished bsmt. |
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Interest 4.5%, 30 year fixed |
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Home price $680,000 |
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Our origination fees |
$1,790.00 |
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Flood Certificate |
$25.00 |
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Prepaid Intrest 15 days |
$1,006.03 |
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Title services & lender title ins |
$850.00 |
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Pre paid finnance charges |
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Appraisal fee |
$550.00 |
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Compiance inspection (if applicable) |
$150.00 |
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First year home owners insurance |
$1,800.00 |
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Home owners insurance 2 months@ $150 |
$300.00 |
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Taxes 3 months @ $416.67 per month |
$1,250.00 |
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Title services and lenders title insurance |
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Lenders title ins |
$677.00 |
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Departamental charges |
$475.00 |
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Bankruptcy & company charges |
$185.00 |
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Endorsements |
$350.00 |
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Escro service fee / contin |
$300.00 |
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Owners title insurance |
$2,749.00 |
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Recording fees |
$550.00 |
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Transfer taxes |
$12,410.00 |
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State tax/Stamp |
$10,472.00 |
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Survey |
$500.00 |
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$36,389.04 |
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total cost |
$716,389.04 |