The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

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How Much Are Closing Costs Going To Be On A Home Purchase?

By Scott Sheldon / December 24, 2014

This can change based on the purchase price of the homefor example if you’re looking at a house in Sonoma County, and the purchase price is $500,000 you can assume $10,000 for closing costs plus the down payment. When you buy a house down payment is always independent of the closing costs. In other words…

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