Duane Buziak Explains: Average Mortgage Closing Costs and What Actually Goes Into Them
Average mortgage closing costs typically run about 2% to 5% of the loan amount, or roughly $8,000 to $20,000 on a $400,000 loan. Duane Buziak breaks down each fee category with a worked example, shows which costs you can compare versus which are fixed, and explains how to line up Loan Estimates using a soft-pull comparison with no hard inquiry.