Closing Costs Worksheet

Listed below are the most common charges incurred when selling property. Keep in mind that costs will vary from property to property and not all are applicable in every transaction. I do, however, recommend that you use the list to track those items that do apply, so you may estimate the costs you’ll face at settlement. If you’re not sure about which apply, just ask.

1. Transfer Tax at 1.5% of sale price
2. Sales Commission
3. Title Co. Distribution Fee
4. Notary or Power of Attorney Fee
5. Mortgage Placement Fee
6. Termite Certification
7. State and County Property Tax reimbursement prorated daily
8. Water and Sewer reimbursement prorated daily
9. Condo Fee reimbursement prorated daily
10. Fuel/Oil Tank reimbursement
11. Tax Certification Fee (real estate & sewer)
12. Home Warranty
13. Use & Occupancy Certification
14. Septic Certification/Well Certification
15. Condo Resale Package Preperation Fee
16. Mortage Satisfaction Document Preperation
17. Federal Express of Mortgage Payoff
18. Other: _____________
19. Other: _____________
20. Other: _____________

Total of the above estimated Closing Costs without existing Mortgage considerations: _____________

Selling Price _____________

Less the following:
Closing Costs: _____________
Amount Needed to Satisfy your Mortgage Loan _____________
Existing Liens _____________
Second Mortgage or Home Equity Loan _____________

Equals Cash at Settlement _____________