Liane Pruchnik

Liane Pruchnik
Office: 312.893.1372
Cellphone: 312.209.2264
Fax: 866.298.7339

Buyers Estimated Closing Costs in Chicago

Attorney's Fees:

Property Inspection:

Lead Paint Inspection:

City of Chicago Transfer Tax:
$7.50 per $1000 of purchase price

Homeowner's Insurance:

Settlement of Escrow Closing Fee:
(pd by Title Company for Closing)
$500 up to $100,00 plus 450 for every additional $50,000

Loan Application and Appraisal:

Closing Points or Loan Origination Fee:
1%-3% of Loan

PMI - Private Mortgage Insurance:
Required if loan amount is more then 80% of purchase price

Underwriting Fee:

Document Preperation/Recording Fee:

Flood Certification:

Lender's Title Insurance Policy:

Tax Service Fee:
(if taxes are held in escrow)


Reserve Fund for Tax Escrow:
2-7 months prepaid real estate taxes
(may be received as a credit from seller)

Prepaid Interest:

Interest on loan from clsoing date to end of month

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