# Closing costs? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [September 10, 2009, 7:15pm UTC](https://forums.speedlife.net/t/closing-costs/73356 "2009-09-10T19:15:06Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![n20junkie](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/n20junkie/32/7396_2.png) [@n20junkie](https://forums.speedlife.net/u/n20junkie)\ **Post date:** [September 10, 2009, 7:15pm UTC](https://forums.speedlife.net/t/closing-costs/73356/1 "2009-09-10T19:15:06Z")
I am looking at buying a house, I am interested in what your guys closing costs were. I am getting my lawyer for free, but wondering what the average is for the rest. The house is going for around 95k, on Grand Island. Thanks. ---
**Author:** ![misteroman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/misteroman/32/7423_2.png) [@misteroman](https://forums.speedlife.net/u/misteroman)\ **Post date:** [September 10, 2009, 8:28pm UTC](https://forums.speedlife.net/t/closing-costs/73356/2 "2009-09-10T20:28:20Z")
should be between 750-1K. Where ya buying at on the Island and I assume ya have a realtor already ---
**Author:** ![Afrank45](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/afrank45/32/5021_2.png) [@Afrank45](https://forums.speedlife.net/u/Afrank45)\ **Post date:** [September 10, 2009, 8:38pm UTC](https://forums.speedlife.net/t/closing-costs/73356/3 "2009-09-10T20:38:00Z")
we just closed it will be roughly 12% of the cost of the house. we closed roughly 9 weeks ago it came to about 10k on a 74k mortgage but with a seller concession it was rougly 5500 out of pocket for us. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [September 10, 2009, 8:38pm UTC](https://forums.speedlife.net/t/closing-costs/73356/4 "2009-09-10T20:38:22Z")
That is ridiculously high. ---
**Author:** ![Jack](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jack/32/7613_2.png) [@Jack](https://forums.speedlife.net/u/Jack)\ **Post date:** [September 10, 2009, 8:58pm UTC](https://forums.speedlife.net/t/closing-costs/73356/5 "2009-09-10T20:58:56Z")
My house was about $150k and I **think** closing was around $5k. Lawyer fee was only about $100… its the taxes and crap that will kill you. Here is a calc. This is pretty accurate, even if you don’t know all of the variables. [http://calculators.aol.com/tools/aol/home09/tool.fcs](http://calculators.aol.com/tools/aol/home09/tool.fcs) ---
**Author:** ![XwalkerX](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/xwalkerx/32/7598_2.png) [@XwalkerX](https://forums.speedlife.net/u/XwalkerX)\ **Post date:** [September 10, 2009, 9:30pm UTC](https://forums.speedlife.net/t/closing-costs/73356/6 "2009-09-10T21:30:38Z")
i just ended up paying about 3600 total on a 100k morgage but after concessions i tihnk my loan was for about 108-110k ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [September 10, 2009, 10:11pm UTC](https://forums.speedlife.net/t/closing-costs/73356/7 "2009-09-10T22:11:43Z")
I had to dish about 15k IIRC on a 160k mort that includes taxes, buying down the rate, and 5% down. ---
**Author:** ![Mankthetank19](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mankthetank19/32/5295_2.png) [@Mankthetank19](https://forums.speedlife.net/u/Mankthetank19)\ **Post date:** [September 11, 2009, 5:25am UTC](https://forums.speedlife.net/t/closing-costs/73356/8 "2009-09-11T05:25:02Z")
Closing costs including all the fees and taxes will be around 6 - 7k. ---
**Author:** ![sickboy](https://avatars.discourse-cdn.com/v4/letter/s/7ea924/32.png) [@sickboy](https://forums.speedlife.net/u/sickboy)\ **Post date:** [September 11, 2009, 5:43am UTC](https://forums.speedlife.net/t/closing-costs/73356/9 "2009-09-11T05:43:37Z")
I believe ours was in the 3-4000 range, on a 84K house. Add the year of taxes ahead of time, insurance, and 5% down and it was way over $10k we had to pay out that day. The lawyer was even a dickcheese who would never answer the phone or return a phone call. It amazes me the transaction was even done at all, his paralegal handled the whole thing as far as I can tell. F-ing ridiculous if you ask me. Was it worth it? Still debating that one. I think after I move out of Buffalo it will be several years before I’m ready to go through the whole process again. ---
**Author:** ![Tbirdsc1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tbirdsc1/32/7487_2.png) [@Tbirdsc1](https://forums.speedlife.net/u/Tbirdsc1)\ **Post date:** [September 11, 2009, 5:58am UTC](https://forums.speedlife.net/t/closing-costs/73356/10 "2009-09-11T05:58:11Z")
It all depends on the price of the house and if are you escrowing the taxes (must do this if putting less than 20% down) Closing costs include, seperate from escrow: Origination 400-500 Appraisal ~400 Underwriting Fee 295 Bank Attorney 400 Title Insurance - depends on $ of house Recording Fee 150 Processing Fee 300 Tax Service Fee ~100 Floord Cert 20 NYS Mortgage Tax - depends on $ of house I would have 3-5k set aside just to be safe… If escrowing add in 1 year of taxes and 1 year of home owner’s ins. ---
**Author:** ![FiftyCheven](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fiftycheven/32/4950_2.png) [@FiftyCheven](https://forums.speedlife.net/u/FiftyCheven)\ **Post date:** [September 11, 2009, 6:15am UTC](https://forums.speedlife.net/t/closing-costs/73356/11 "2009-09-11T06:15:55Z")
When i bought my house on the island (same price range) i ended up paying about $1100 at closing. What most people dont realize is the taxes on the island, are really cheap compared to other areas. I paid $1200 a year after the STAR. ---
**Author:** ![rugsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rugsr/32/7474_2.png) [@rugsr](https://forums.speedlife.net/u/rugsr)\ **Post date:** [September 11, 2009, 8:49am UTC](https://forums.speedlife.net/t/closing-costs/73356/12 "2009-09-11T08:49:04Z")
geeeez $122/yr. thats so low! amherst has me at the balls at 3400 after STAR ---
**Author:** ![LUC1F3R](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/luc1f3r/32/7299_2.png) [@LUC1F3R](https://forums.speedlife.net/u/LUC1F3R)\ **Post date:** [September 11, 2009, 8:50am UTC](https://forums.speedlife.net/t/closing-costs/73356/13 "2009-09-11T08:50:36Z")
On a 150k house it was about 12k for me. We asked for 6k in sellers concessions so we had to come up with about 6k at closing. ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [September 11, 2009, 9:16am UTC](https://forums.speedlife.net/t/closing-costs/73356/14 "2009-09-11T09:16:44Z")
> [@CursedCavy](#): > > On a 150k house it was about 12k for me. We asked for 6k in sellers concessions so we had to come up with about 6k at closing. I hope that number included downpayment ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [September 11, 2009, 9:33am UTC](https://forums.speedlife.net/t/closing-costs/73356/15 "2009-09-11T09:33:22Z")
A half a million dollar house(loan) should be about $10,000. Some of you guys have some funky numbers, they can’t be correct. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [September 11, 2009, 9:35am UTC](https://forums.speedlife.net/t/closing-costs/73356/16 "2009-09-11T09:35:02Z")
I’m guessing the crazy high ones have a year of taxes and insurance escrowed in ---
**Author:** ![TurboTSi](https://avatars.discourse-cdn.com/v4/letter/t/22d042/32.png) [@TurboTSi](https://forums.speedlife.net/u/TurboTSi)\ **Post date:** [September 11, 2009, 9:36am UTC](https://forums.speedlife.net/t/closing-costs/73356/17 "2009-09-11T09:36:31Z")
^ some people are including taxes, insurance, down payment, and laywer fees into their closing costs. If that was the case, I just paid $30,000 for my other house in closing costs. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [September 11, 2009, 9:37am UTC](https://forums.speedlife.net/t/closing-costs/73356/18 "2009-09-11T09:37:18Z")
Yeah I included everything in mine as im not sure what everything was individually. ---
**Author:** ![FiftyCheven](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fiftycheven/32/4950_2.png) [@FiftyCheven](https://forums.speedlife.net/u/FiftyCheven)\ **Post date:** [September 11, 2009, 10:01am UTC](https://forums.speedlife.net/t/closing-costs/73356/19 "2009-09-11T10:01:23Z")
my $1100 in closing costs included taxes which werent much because i bought at the end of the year, insurance etc. alot of it depends how much concessions you ask for as well. i dont remember what mine was, but it was cosiderable. that also doesn’t include other money dished out for lawyers, inspections, search & survey etc. all in all it was about $2k spent. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [September 11, 2009, 10:02am UTC](https://forums.speedlife.net/t/closing-costs/73356/20 "2009-09-11T10:02:43Z")
0 closing costs for working for the bank FTW [Next page](https://forums.speedlife.net/t/closing-costs/73356.md?page=2)