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closing costs - Everything Real Estate

 Q&A | Buy a home : closing costs

Name: John Title of Question: closing costs
Question: My closing costs on my new home calculated are 15890.00. Is this the 5% down payment included? I read that the average closing costs in TX are 2700.00. The purchase price is 198500. Thanks

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Name: mya | Date: October 5, 2007, 11:14 pm |
Answer: Yes, that is including your down payment. Closing costs alone on a 198,500 home would never be that much.