You can expect to pay some or all of the following closing costs at time of settlement:

• Appraisal fee - buyer
• Attorney's or escrow fees - normally split between buyer & seller
• Credit report fee - buyer
• Points - negotiable
• Document preparation - normally split between buyer & seller
• First year's premium on fire & hazard insurance - buyer
• Impounds-sufficient to cover real estate taxes on purchased property for current tax period to date. The lender then pays these bill when they come due. - buyer
• Interest-paid from date of closing until 30 days before first monthly payment. - buyer
• Title insurance - buyer and seller
• Mortgage insurance - buyer
• Origination fee - buyer
• Recording fees - normally split between buyer & seller
• FHA mortgage insurance (FHA loans only) - buyer
• VA guarantee fees (VA loans only)

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