11990 Grant St., Suite 550 Northglenn, CO 80233
Understanding Mortgage Costs
When you see that sign on a house, check out the listing online and find out that the sell price is $250,000 - keep in mind that there are other costs that you may have to take into consideration if you decide to buy.
Here's a short list of some of the other costs that may come up:
- Down Payment
- Loan origination fees
- Interest rates
- Discount points
- Private Mortgage Insurance
- Property Taxes
- Moving expenses
- Inspection fees
- Lawyers' fees (some states require legal representation)
Always speak with a mortgage professional; they should make it clear to you exactly what costs are involved in your transaction.