|Georgia Estimated Closing Costs
Loan amount: $200,000
|Average origination fees charged by lenders||$1,766|
|Average third-party fees||$667|
|Average origination plus third-party fees||$2,433|
| Itemized fee averages
Below, you will find the averages for fees charged by lenders and third parties. If you add them up, they will not equal the averages listed above. Why not? Because each lender charges some of the fees listed below, but not all of them. For example, some lenders charge an application fee, but others don’t. If your lender charges an application fee, this chart lets you compare it to the average. But, because not every lender charges every fee, adding up all these fees doesn’t result in the overall average.
|Origination fees charged by the lender|
|Origination points (not discount points)||$801|
|Broker, originator or lender||$1,064|
|Attorney, closing or settlement||$658|
|Inspections (pest, etc.)||$125|
Bankrate.com surveyed up to 10 lenders in each state in June 2014 and obtained online good faith estimates for a $200,000 mortgage to buy a single-family home with a 20 percent down payment in the state’s largest city. Costs include fees charged by lenders, as well as third-party fees for services such as appraisals and credit reports. The survey excludes title insurance, title search, taxes, property insurance, association fees, interest and other prepaid items.