Earnest Money: $500-$5000 (often 1000-2000) will need to be deposited to the escrow account within 2-3 days of your accepted offer and gets applied to your closing costs/down payment and is refunded to you should the inspection go poorly, and we want to rescind.

Loan Origination Fee: The lender’s compensation for helping you get a home loan (up to 1% of sale price)

Appraisal: $800-$1500.

Escrow Fees: This varies but is typically around 1% of the sales price.

Prepaid Insurance: 3 months of homeowner’s and up to first year of flood + 3 months (15 total months).

Prepaid Property Taxes: 3 months’ worth.


Total: ~3% of the sales price unless buying with an FHA/USDA loan, then closer to 4%.


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