mortgage fees

You're in the ballpark. Nothing shocking. Closing is about between $2K-3K. If a coop, you avoid certain other fees.

If that doesnt include the appraisal fee in there then it sounds a bit high. But of course if youre getting a better rate then anywhere else, then not a bad deal if youre paying a few hundred more in bank fees. You have to look at the overall costs. sunny.hong@bankofamerica.com

Flmaoz. My 6 tkts to the nutcracker cost more than your Fking closing costs. Maybe you have no business taking on such financial obligations.

Flmaoz. Great seats $225 pop?

congrats. you are a real winner

Like the ninny that worries about the .25$ coupon on toilet papers and ignores the $8 toll to nj to get that savings! Borrowing money ain't free. may I suggest taking a tiny wheenie bit off of the 6%. let's say 1% off of a $1mm studio and not whine about the $2k to borrow $800k. My Flmaoz still stands Erkie.

where in my post did i whine? i asked if these fees seemed normal. would you pay $500 for nutcracker tickets that you could get for $225? so relax there hermit.

Have you ever gotten a mortgage before. What r u 12? Wha? Wha? Tax and tip not included in the meal? Wha Wha? I'm shocked I'm shocked!!!

whats the matter, wife not giving you any? you seem a bit tense this evening. or did the $225 nutcracker tickets end being side view?

now grab that magazine, lock the bathroom door, and go at it. you will feel better. i promise.

And seriously fktash. If you got a 3.5% mortgage but had to pay $5k in closing cost versus 5% with 0 closing which is better?

A: depends on how big a Fking mortgage and how long you plan to keep it. What is normal when you haven't told us the biggest Fking piece of data. What is ur rate and size. Closing cost is like the tip you give a garage attendant. If it matters find out if they charge $80/ hr or $10..... Don't come Fking understand sensitivity bf spewing off idiot.

Wow a long long log winded way of saying rub one out.

all great points. and if i had asked the question "why these fees are so high", your answer would have been right on the money. but since you apparently like to come up with questions, and than answer them yourself, your post are irrelevant.

oh and i almost forgot. flmaoz...

I may be rubbing one out as I type, but you're the one asking a mortgage question in earnest. Yet ppl like you keep taking money wo a Fking clue.

good to know that this is what turns you on. happy rubbing!

Rubbing? I just stare at it.

ekar...is this for your 800k house in the middle of no-where north east hampton? if so, if you can't pay cash for starter vaca hom in the hamptons, you shouldn't be buying, let alone asking about a few minor fees

still staring.....

The OP just asked if the fees were "normal." He didn't say that he couldn't afford them or would abandon the deal because of them or anything else. Even if a purchase is large, that isn't carte blanche to take advantage of one party on the transaction costs. When you buy a car you don't just smile and say, "fine" if the dealer tells you the floor mats are $100 each. It's a small amount in the scheme of the auto purchase, but if it isn't fair, it isn't fair. Here the OP simply asked for some opinions on closing costs which isn't unreasonable. Maybe there's history between you all on other silly threads, but this one now looks like a school yard slapping and hair pulling squabble.

Those fees are absolutely normal.

apt_boy. when banks are giving me money at 4.5%, why wouldnt i take it? my cash has more valuable use to it.

and to you answer your question, no its not for a hamptons house. not yet anyways.

kylewest. thank you... my last purchase was a few years back, and for whatever reason i didnt remember seeing so many different fees. it almost feels like that seinfeld episode when jerry is buying a car from david peati (sp). but it is what it is. not complaining

Does the application fee include the appraisal fee. It should.

I don't know what "should" means in this context streetsmart. there is no requirement that anything in particular be included in the application fee. In my recent closing, i believe those were separate. My fees totalled about $2300 for a coop refi.