How much are closing costs on a $250 000 home?
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Works at the International Development Association, Lives in Washington, D.C., USA.
On a $250,000 mortgage loan, this would come out to around $7,500 (250,000 x .03 = 7,500). If you live in a high-cost area like New York or California, you might have to multiply by 5 - 6 percent to get a ballpark figure. Your lender should tell you how much your closing costs are when you apply for the loan.
2023-06-15 06:16:12
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Ava Jackson
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On a $250,000 mortgage loan, this would come out to around $7,500 (250,000 x .03 = 7,500). If you live in a high-cost area like New York or California, you might have to multiply by 5 - 6 percent to get a ballpark figure. Your lender should tell you how much your closing costs are when you apply for the loan.
