How Much Are Closing Costs? Plus: How to Reduce Closing Costs

When you get a mortgage to buy a home, you’ll have to pay closing costs.

How Much Are Closing Costs? Plus: How to Reduce Closing Costs

When you get a mortgage to buy a home, you'll have to pay closing costs: These fees, paid to third parties to help facilitate the sale of a home, typically total 2% to 7% of the home's purchase price. So on a $250,000 home, you can expect the amount to run anywhere from $5,000 to $17,500.

Source