menu
Posted by
Message
aparke7
LSU Fan
Madisonville
Member since Nov 2007
245 posts

Down payment vs closing cost vs cash to close

Ive been looking at purchasing a home within the next 6-9 months and have started doing some research on FHA loans.

I know down payments for these loans are at least 3.5%, can someone clarify the closing and cash to close.
TIA


aparke7
LSU Fan
Madisonville
Member since Nov 2007
245 posts

re: Down payment vs closing cost vs cash to close
Bump


LSUGUMBO
New Orleans Saints Fan
Shreveport, LA
Member since Sep 2005
5578 posts

re: Down payment vs closing cost vs cash to close
Down payment- what you bring to closing that will go into equity
Closing costs- pre-paids (escrow & interest) + lender fees (origination, filing fees, etc)
Cash at closing- down payment + closing costs.



Replies (0)
Replies (0)
hawkeye007
LSU Fan
greenwell springs
Member since Feb 2010
2088 posts

re: Down payment vs closing cost vs cash to close
:spank:



Replies (0)
Replies (0)
first pageprev pagePage 1 of 1next pagelast page
refresh

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram