Top 5 States With The Highest Closing Costs

Top 5 States With The Highest Closing Costs

A recent survey was conducted by Bankrate.com tin the largest city of each state to determine which states had the highest fees for loan origination fees, appraisals, title and insurance in 2012. They came up with the following findings, so if you're in one of these states and you’re wondering how much house I can afford, be sure to check around for the best deal:

1. New York - $5,435
2. Texas - $4,619
3. Pennsylvania - $4,467
4. Florida $4,395
5. Oklahoma - $4,352

All fees were based on a $200,000 mortgage and the national average was calculated at $3,754. Just remember, there are still programs out there to help you if you are low on cash or have bad credit, just click on this link that shows you exactly how to buy a house with no money down even if you have terrible credit. To see exactly how just click here!