What are closing costs?
Closing costs, which are also called “Settlement Costs”, are not that easy to calculate because they are a collection of various types of expenses. These expenses often include (but are not LIMITED to): Lenders fees, attorney fees, recording fees, title fees, etc.
Some expenses can depend on the state and county, the lender and type of program.
The rest of the expenses are contingent on other real estate professionals like appraisals or surveyors.