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zippyjuan · 10-30-2009, 04:15 PM

Things may vary but I dug out my figures. Selling price, $107,900. Ten percent down (that is part of what you pay at closing) plus a second mortgage for the next 10% (to avoid PMI and have 20% equity) left $86k. Initial payment on property taxes included in with the fees (pro-rated one month's at whatever percent of the month remained at closing). Lots of other things brought my total to $3,309 plus my down payment. They do sometimes over charge and give a rebate- I got back about $475 but don't recall if that is out of the $3,300 or that the $3300 was after the refund.

To be safe, you may figure about $4,000 to $5,000?

Then I had a stack of papers literally about an inch tall to sign.

10-30-2009, 04:15 PM	#1
zippyjuan Picture of the Day Guru Join Date: Oct 2002 Location: Sunny San Diego Posts: 8,756	Things may vary but I dug out my figures. Selling price, $107,900. Ten percent down (that is part of what you pay at closing) plus a second mortgage for the next 10% (to avoid PMI and have 20% equity) left $86k. Initial payment on property taxes included in with the fees (pro-rated one month's at whatever percent of the month remained at closing). Lots of other things brought my total to $3,309 plus my down payment. They do sometimes over charge and give a rebate- I got back about $475 but don't recall if that is out of the $3,300 or that the $3300 was after the refund. To be safe, you may figure about $4,000 to $5,000? Then I had a stack of papers literally about an inch tall to sign. __________________ I add new pictures to my photo gallery pretty regularly. You can see them here if you are interested: http://www.pbase.com/jeffryz