Financing · 4 min read
Understanding closing costs in Massachusetts.
The cash you’ll need beyond the down payment.
What’s included
Expect lender fees, an appraisal, title insurance, attorney fees, recording fees, prepaid property taxes and insurance, and escrow deposits.
Get it in writing
Your lender’s Loan Estimate lists expected costs. Compare estimates from more than one lender, line by line.
Keep reserves
Don’t empty your savings to close. Keep cash on hand for moving costs and the first repairs.
General information only, not legal or financial advice.