Whats included in closing costs?
Closing costs are expenses over and above the price of the property. Closing costs include points fees, attorney’s fees, taxes, prepaid insurance, points, escrow, title insurance and survey fees. Closing costs usually amount to between 2 and 6 percent of your mortgage. A complete list of your closing costs can be found on the HUD 1 Settlement Statement, and your underwriter will go over your closing cost items with you as well.
