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Closing Cost - Question

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mskimmy98
My twins are one!!!

Member since 5/05

2540 total posts

Name:
Kimberly

Closing Cost - Question

When you close on a house is the first mortgage payment included in your closing costs or is that and additional amount at closing?

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Posted 9/8/06 9:11 AM
 
Prudential Douglas Elliman Real Estate
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jambalady
Is it summer yet?

Member since 8/06

7392 total posts

Name:
Holly

Re: Closing Cost - Question

When we closed we had to pay 2 weeks up front (part of the closing costs) and then we had a month before our actual monthly payments kicked it.

I think it may be different with each Lender. You should get something called a Truth in Lending Statement from each bank you look at which will give you the total approximate closing costs and what is included.

HTH!

Posted 9/8/06 9:16 AM
 
 

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