Points

• 0 - 3% of the loan value

Bank Application, Credit Check, etc

• $400 - $600

Bank Attorney

• $900 - $1,500

Appraisal

• $300 - $1,500

Tax Escrow

• ~ 2 - 6 months of property taxes

Mortgage Recording Tax

• 1.8% of mortgage amount ‹ $500,000

• 1.925% of mortgage amount › $500,000+

Mortgage Origination Fee

• ~0 - 3% of loan amount

Board Package Processing Fees

• $500 - $2,000

Move-in Fee

• $250 - $1,000

Move-in Deposit

• $500 - $1,500 (refundable)

Common Charges Adjustment

• Pro-rated during the month of closing

Condo Credit Check

• $300 - $500 per buyer

Residential NYC Transfer Tax*

• 1% < $500,000

• 1.425% > $500,000+

Progressive NY State Transfer Tax*

• 0.4% for Residential transactions ‹ $3M

• 0.65% for Residential transactions > $3M

*NYC & NYS Transfer Taxes are paid by the purchaser in case of a new development

Recording Fees

• ~$250

Title Insurance

• ~0.45% of purchase price

Municipal Searches

• $350 - $500

Real Estate Tax Adjustment

• Pro-rated amount depends on when the tax is collected

Mansion Tax

• $1M to < $2M: 1.00%

• $2M to < $3M: 1.25%

• $3M to < $5M: 1.50%

• $5M to < $10M: 2.25%

• $10M to < $15M: 3.25%

• $15M to < $20M: 3.50%

• $20M to < $25M: 3.75%

• $25M or more: 3.90%

Residential Deed Transfers Title

• $75

Fee Closer

• $100 - $500

Lenders Policy Title Insurance

• Rates may vary

Buyer Agent

• Per your buyer representation agreement