{"id":93,"date":"2026-10-15T10:00:00","date_gmt":"2026-10-15T10:00:00","guid":{"rendered":"https:\/\/www.seanvaldez.com\/blog\/?p=93"},"modified":"2026-10-15T10:00:00","modified_gmt":"2026-10-15T10:00:00","slug":"closing-costs-can-reach-5-of-your-loan","status":"publish","type":"post","link":"https:\/\/www.seanvaldez.com\/blog\/2026\/10\/15\/closing-costs-can-reach-5-of-your-loan\/","title":{"rendered":"Closing Costs Can Reach 5% of Your Loan"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/sean-valdez\/closing-costs-home-remotion-videos-dd05\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>One question I often get is about closing costs: how much should you really expect to pay, and what do those charges cover? As you plan for your home purchase or refinance, it\u2019s important to know that closing costs are separate from your down payment and are typically paid upfront to complete your mortgage. For most buyers in the US, these costs usually add up to about 2%\u20135% of your loan amount\u2014not the total purchase price\u2014which means it\u2019s wise to budget beyond just the down payment.<\/p>\n<p>Closing costs can include a range of fees: lender origination or underwriting, appraisal, inspection, survey, title work, attorney services, recording fees, prepaid taxes, homeowners insurance, and initial escrow funding. Most of these are the buyer\u2019s responsibility, while sellers cover their own set of expenses. In some slower markets, you may see concessions\u2014sometimes rolled into a higher offer price\u2014to help offset these costs.<\/p>\n<p>Before you close, I always recommend comparing lender estimates, reviewing your final disclosure early, asking about available credits or assistance, and keeping an eye out for duplicate charges or anything that could drain your savings. My goal is to help you approach your mortgage journey with clarity and confidence, every step of the way.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>One question I often get is about closing costs: how much should you really expect to pay, and what do those charges cover? As you plan for your home purchase or refinance, it\u2019s important to know that closing costs are separate from your down payment and are typically paid upfront to complete your mortgage. For [&hellip;]<\/p>\n","protected":false},"author":363,"featured_media":94,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-93","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/posts\/93","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/users\/363"}],"replies":[{"embeddable":true,"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/comments?post=93"}],"version-history":[{"count":1,"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/posts\/93\/revisions"}],"predecessor-version":[{"id":95,"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/posts\/93\/revisions\/95"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/media\/94"}],"wp:attachment":[{"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/media?parent=93"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/categories?post=93"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.seanvaldez.com\/blog\/wp-json\/wp\/v2\/tags?post=93"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}