answersLogoWhite

0


Best Answer

Usually, home loans will run you about 3 or 4 percent of the cost of the home, but will vary depending on where you get your loan. Always make sure you can afford the loan and that you get your loan from a reputable company.

User Avatar

Wiki User

βˆ™ 13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the average cost of a home loan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the average cost of a title loan in the US?

Total average closing cost fees in the US for a title loan are $3,024.00 dollars. This is based off of an average loan amount of $200,000. This fee includes average expenses incurred for the closing process.


Where can one find information on the cost of home equity loan closing?

Information can be found in regards to the cost of closing a home equity loan from the loan provider. The loan provider will list these costs in the fee section of the loan agreement.


What should a good home loan calculator have on it?

It should allow you to put in the cost of the home, your down payment, interest rate, insurance cost, and years on your loan. Most home loan calculators will at least have this basic information on it.


What are the average interest rates on a home equity loan?

The average interest rates on a home equity loan depends on which home equity loan in particular. For example, the $30 HELOC is averaged at an interest rate of 5%.


What is the average home mortgage loan rate in WI?

The average mortgage loan rate in Wisconsin is around 4.49%. That is based on a 30 year fixed average. A 15 year fixed home mortgage loan average is around 3.65%.


Where can one find information on no cost home equity loan?

There appears to be no such thing as 'no cost home equity loans'. However a home equity loan is a type of loan when the customer uses the equity in their home as collateral. Information about these can be found on Wikipedia and Investopedia.


Which financial firms offer no cost home loan refinance deals?

Depending on the terms of the loan, you may be able to get no cost home loan refinancing. Talk to your loan service provider or look at bank rate to determine the prices.


What is the average cost of the existing home mortgages in America today?

The average cost of an existing home mortgage depends on several items. Interest Rate Closing Cost Length of mortgage or term of mortgage The amount of the mortgage. If you can provide more details to the question I will provide you with a complete answer. I have one question for you. Are you asking the question of; what is the average closing cost of an existing mortgage in America Today. If that is your question, the answer is 3-5% of the loan amount. Frank Thomas Sr. Loan Consultant www.lowermymortgageratestore.com


How much are closing cost loans?

Closing cost loans depends on the loan and credit of the individual applying for the loan. Sometimes closing cost can be included in the actual home loan itself.


What is the average credit score needed for a home loan?

The average credit score need to purchase a home is 620.


What is the average cost of monthly mortgage in US for 2008?

depends on your loan


What does the average home in Haiti cost?

The average cost of a house in Haiti is $25,000.00