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Closing Cost Calculator

Seller Concession Calculator

Seller Concessions Needed: $0 i Sum of all calculated costs above.
Percentage of Seller Concessions: 0% i Percentage of seller concessions are limited based on the loan type. Temporary buy down funds are not calculated into total seller concessions.

How Your Concessions Were Calculated

Colorado Closing Costs: $4,200 i This is the auto-calculated based on the loan amount or manually added if you chose to "override" closing costs.
Estimated Escrows: $0 i 16 months of taxes and insurance, calculated at 0.0064% of the purchase price.
Prepaid Interest: $0 i Prepaid interest is pro-rated based on the number of days you will own the home in the first month. If you close on the 1st, you pay 31 days of interest. If you close on the 31st, you pay 1 day of interest.
Discount Point: $0 i If you are buying down your rate, this cost is in addition to your standard closing costs. The calculation is based on the percentage selected above.
Temporary Buydown: $0 i This is your entered Temporary Buydown cost. It will be added to your Grand Total below.

Available Loan Products

Loan Type Occupancy & LTV Max Seller Concession
Conventional LTV > 90% Owner Occupied or Second Home Up to 3%
Conventional 75.01% ≤ LTV ≤ 90% Owner Occupied or Second Home Up to 6%
Conventional LTV ≤ 75% Owner Occupied or Second Home Up to 9%
Conventional Any LTV Investment Property Up to 2%
FHA Owner Occupied Up to 6%
VA Owner Occupied Up to 4%
USDA Owner Occupied Up to 6%
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