Purchase Price

$

Tax Adjustments to Seller Owed by Buyer (Avg. ~  6 months of Property Tax) *

$

Other Adjustment to Seller (Includes Fuel in tank, Common Charges Paid, Etc.)

$

$

Mortgage Payoff (Principal + Interest Owed) **

Mortgage Payoff Pickup Fee(s) (~ $100.00-$200.00 Per Mortgage)

Recording Fees (~$35.00-$80.00)

Total Estimated Closing Expenses

* Depends on Closing Date. 
    The Buyer will reimburse the Seller for the balance of the property taxes paid by Seller based on the fiscal year of the tax paid (in many areas, the School tax in paid in September but the fiscal year begins in July)

** The Amount owed will include principal (which is generally detailed in your monthly statement) plus interest. 
    Monthly payments include interest for the previous month.  Example-Closing is 3/21 and last payment was 3/1.  You would owe principal plus 21 days of interest (3/1-3/21)