How Do Your Closing Costs Stack Up

There is a good survey by bankrate.com that shows the high, low and average closing costs in catergories like “tax service fee” or “application fee.”

Title charges have risen in Illinois in the past few years and Buyers’ title charges are about $1000 now. Add to that, loan fees and other “garbage can” charges (an add-on charge like an “administrative fee” or “funding fee” found on most loans) and most Buyers are at around $2500 for total closing costs these days.

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