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Closing costs can vary depending on a variety of factors such as the location of the property, the price of the property, the type of mortgage loan, and other related expenses. Generally, closing costs can range from 2% to 5% of the total purchase price of the property.
Typical closing costs can include fees for services such as the home inspection, appraisal, title search, attorney fees, loan origination fees, and mortgage insurance. Additionally, there may be other expenses such as prepaid property taxes and homeowner's insurance.
It's important to discuss closing costs with your lender and real estate agent as they can provide you with a more specific estimate of the closing costs you can expect to pay based on your individual circumstances.