Step 1: Purchase Price
Enter the Purchase Price from the Down Payment Calculator.
Step 2: Down Payment
Enter the Down Payment from the Down Payment Calculator. The Purchase Price,
% Down and Loan Amount automatically recalculate if one of the three numbers
Step 3: Appraisal, Credit Report and Inspection Fees
The Appraisal Fee, Credit Report Fee, and Inspection Fee default to $275.00,
$65.00, and $175.00 (this is an estimated amount). You may change any or all
of these entries.
Step 4: Closing Costs
The Closing Costs are automatically calculated on 3% of the Purchase Price.
Step 5: Settling-In Costs
If you anticipate settling in costs when you move (new dishwasher, washing
machine, dryer, etc.) enter the amount in Settling-In Costs.
Step 6: Calculate
Click Calculate in order to see the results - the Total Closing Costs.