What will my closing costs be?
This tool calculates your mortgage settlement charges (or closing costs) for a given set of loan terms. The calculator lumps settlement charges into two categories: origination charges and other settlement services.
If you enter a loan amount that is more than 80% of the home's purchase price, the calculator estimates a monthly amount for private mortgage insurance (PMI). Mortgage lenders generally require that you obtain mortgage insurance if your down payment is less than 20% of the home purchase price.
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