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What closing costs should I expect to pay?
Closing costs are fees to be paid at settlement. These costs include the purchase of points, flood certification, document preparation and tax services. It also includes fees paid to third parties such as title insurance, recording fees and transfer recording stamps. The range is typically between 3% and 6% of your total cost. It’s important to remember closing costs are separate from the down payment. Click here for more information on calculating closing costs.