Naples real estate

 

 

Estimated Closing Costs In The Naples Area



 

Common Disbursements

Loan Origination Fee

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$390.00

Credit Report

 

 

 

 

65.00

Tax Service Fee

 

 

 

 

 

75.00

Underwriting Fee

 

175.00

Processing Fee 

 

 

 

 

 

175.00

Mortgagee's Title Policy 

250.00 - 400.00

Flood Certificate

 

 

 25.00

Survey Fee

 

225.00

Courier/Express Mail

 

 

50.00

Home Inspection Fee

 

 

250.00

Termite Inspection

 

 

75.00

Appraisal Fee

 

 

275.00

Cesspool / Well Certification  (If Necessary )

 

 

75.00

 

Other Fees - If your down payment is less than 20% of the purchase price of the property, the mortgage will require PMI/MIP insurance. This will result in an additional out-of-pocket expense of 2.25% of the mortgage. This upfront cost can be financed into the mortgage

There is also a monthly PMI/MIP insurance premium, which is added to the mortgage payment. This premium ranges from .5% of the mortgage value to .78% depending on the size of down payment.

State Tax on Mortgage – 0.35 per 100

 

State Mortgage Intangible Tax – 0.20 per 100

Tax Deposits as required 

Flood Insurance Premium  - If required

 

Hazard Insurance Premium as required 

Transaction Coordination Fee

*These figures are an estimate only. They are subject to change and it is recommended that you consult your lawyer for confirmation of your total costs.

Jim Graham
Downing Frye Realtors, Inc.
3411 Tamiami Trail
Naples, FL 34103

1-866-298-6233 (Toll Free)
(239) 821-4195 (Cell)
(239) 593-8009 (Home)
(239) 593-9332 (Fax)

jim03@comcast.net

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