Points (.484%) to get 2.75%: $2,000
Commitment fee: $395
Underwriting fee: $699
Appraisal fee: $525
VA Funding Fee: $14,400 (this is basically PMI everyone getting a VA loan has to pay don't worry about this number)
Recording fee: $90
Prepaid taxes + insurance: $2,158
Initial Escrow: $1,131
Title Insurance: $26
Total: $23,710
Deposits: $7000
Financed: $14400
Cash to close: $2310
The $2500 concession and $4500 deposit brought the total down to $16,181,those were paid when I put the offer in like I mentioned and the funding fee was financed. I paid about $1500 total during the due diligence period to make sure I wasn't buying a total dumpster fire. It won't look exactly like that as VA loans are a little different but most it will be the same.
Commitment fee: $395
Underwriting fee: $699
Appraisal fee: $525
VA Funding Fee: $14,400 (this is basically PMI everyone getting a VA loan has to pay don't worry about this number)
Recording fee: $90
Prepaid taxes + insurance: $2,158
Initial Escrow: $1,131
Title Insurance: $26
Total: $23,710
Deposits: $7000
Financed: $14400
Cash to close: $2310
The $2500 concession and $4500 deposit brought the total down to $16,181,those were paid when I put the offer in like I mentioned and the funding fee was financed. I paid about $1500 total during the due diligence period to make sure I wasn't buying a total dumpster fire. It won't look exactly like that as VA loans are a little different but most it will be the same.