Down payment vs closing cost vs cash to close | TigerDroppings.com
Posted by
Message
aparke7
LSU Fan
Madisonville
Member since Nov 2007
244 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
244 posts

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


LSUGUMBO
New Orleans Saints Fan
Shreveport, LA
Member since Sep 2005
5485 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
2038 posts

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



Replies (0)
Replies (0)
Page 1 of 1

Back to top

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

FacebookTwitterInstagram