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The Closing Cost and Mortgage Payment Calculator has been
created to provide you with a format for estimating the approximate
amount of your closing costs for the purchase of a home in
select counties in Maryland, Virginia or Washington, D.C. where
conventional financing is being used.
This calculator will also figure your monthly
payments of principal, interest, taxes and
insurance (PITI). If you are using FHA or VA financing, or
if you are paying all cash, please contact your Real Estate
Agent, Mortgage Banker or feel free to contact our office for
closing cost figures for those types of transactions.
Calculated fees are only estimates and charges may vary depending
on the jurisdiction and other factors affecting each transaction.
Neither lender nor realtor fees/costs are included in this
estimate. Please consult your lending institution and realtor
for a list of fees
to add to this estimate.
The title insurance premium provided in this
estimate is calculated based on rates for Extended/Advantage
owner's policies and assumes simultaneous issuance of an owner's
and lender's title policy. Rates for standard owner's coverage
can be provided
upon request. |
