What to Expect: Closing Costs and Prepaid Items

What closing costs and prepaid items should you expect at the closing table?

Closing Costs

When you sit down at the closing table, you’ll probably pay a variety of expenses as part of your closing costs. These charges stem from the real estate transaction itself and might include but are not limited to:

Prepaid Items

In addition, your lender will probably require that some prepayments be made at closing before their actual due date. These costs are related to the home itself rather than the real estate transaction. Depending on the particulars of your loan and your circumstances, you’ll probably continue to pay at least some of these charges for the life of the loan and/or as long as you own the home. They might include but are not limited to:

To read more from our Moving Guide, check out What to Expect When Purchasing a Home, Home Inspection Tips, and our Home Inspection Checklist.

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This information is general in nature and is not intended to be legal, tax, or financial advice. Although Regions believes this information to be accurate, it cannot ensure that it will remain up to date. Statements or opinions of individuals referenced herein are their own—not Regions'. Consult an appropriate professional concerning your specific situation and irs.gov for current tax rules. Regions, the Regions logo, and the LifeGreen bike are registered trademarks of Regions Bank. The LifeGreen color is a trademark of Regions Bank.