Closing Costs

Closing Costs

How much will I pay in Closing Costs for my new home?

Closing costs are approximately 1.5%-2% of purchase price.

There are a variety of charges that are due on closing which may consist of:

  • Legal Fees and Disbursements
  • Mortgage Insurance
  • Property Tax and Prepaid Utilities Adjustments
  • Property Appraisal
  • Land Transfer Tax

Each situation varies. For this reason, your lawyer will discuss with specifics of your closing costs with you personally.