Should You Pay Your Closing Costs Up Front, Or Roll Them into Your Mortgage?
When you set out to purchase a home, some of your expenses likely will include a down payment, as well as money for movers and new furnishings. There’s also another expense that many homebuyers sometimes forget about: closing costs on a mortgage. Typically ranging from 2 percent to 5 percent of a borrower’s loan amount, closing costs average about $5.749