For your information and reference, we have listed the approximate costs connected with most real estate transactions. This information is being provided as a guideline and can vary with each real estate transaction as well as from state to state and county to county. Outlined are the most common closing costs for the State of Florida.
Points vary depending on the interest rate desired and the chosen loan program.
Be sure you understand completely if any points, origination fee or broker fee is being charged. An origination fee is paid to a mortgage broker for the service provided in seeking the best interest rate, a loan program that fits your needs, and assistance in clearing any credit issues. The first payment is due on the first day of the following month. Pro-rated from the date of closing to the next due date. The amount varies depending on the actual amount of the downpayment.