Closing Costs Guide for Los Angeles, CA

Understand Your Mortgage Closing Costs

Closing Costs Breakdown

Select the loan type to view estimated closing costs for your mortgage in Los Angeles.

Loan Type:

Loan Costs

A. Origination Charges	$1,985	1
Admin Fee	$495	2
Closing Fee	$195	3
Underwriting Fees	$1,295	4
B. Services You Cannot Shop For	$950	5
Appraisal Fee	$600	6
Credit Report	$150	7
Reinspection Fee	$200	8
C. Services You Can Shop For	$3,391	9
Title - Endorsement Fee	$200	10
Title - Escrow Fee	$1,580	11
Title - Lender's Title Insurance	$1,078	12
Title - Messenger Fee	$40	13
Title - Notary/Signing Fee	$300	14
Title - Overnight/Messenger Fee	$100	15
Title - Recording Service Fee	$30	16
Title - Sub Escrow Fee	$63	17
D. Total Loan Costs (A + B + C)	$6,326	18

Other Costs

E. Taxes and Other Government Fees	$425	19
Recording Fees and Other Taxes	$425	20
Transfer Taxes	$0	21
F. Prepaids	$4,108	22
Homeowner's Insurance Premium (12 months)	$2,400	23
Prepaid Interest ($113.85 per day for 15 days @7.375%)	$1,708	24
G. Initial Escrow Payment at Closing	$3,647	25
Homeowner's Insurance ($200.00 per month for 3 mo.)	$600	26
Property Taxes ($609.38 per month for 5 mo.)	$3,047	27
H. Other	$285	28
County Taxes Proration	$285	29
I. Total Other Costs (E + F + G + H)	$8,465	30
J. Total Closing Costs (D + I)	$14,791	31

Calculating Cash to Close

Total Closing Costs (J)	$14,791	32
Closing Costs Financed	$0	33
Down Payment/Funds from Borrower	$29,250	34
Deposit	$0	35
Funds for Borrower	$0	36
Seller Credits	$0	37
Adjustments and Other Credits	$0	38
Estimated Cash to Close	$44,041	39

Loan Costs

A. Origination Charges	$1,500	40
Admin Fee	$400	41
Underwriting Fees	$1,100	42
B. Services You Cannot Shop For	$800	43
Appraisal Fee	$550	44
Credit Report	$150	45
Flood Certification	$100	46
C. Services You Can Shop For	$3,758	47
Title - Escrow Fee	$1,500	48
Title - Lender's Title Insurance	$1,900	49
Title - Notary/Signing Fee	$250	50
Title - Recording Service Fee	$108	51
D. Total Loan Costs (A + B + C)	$6,058	52

Other Costs

E. Taxes and Other Government Fees	$300	53
Recording Fees and Other Taxes	$300	54
F. Prepaids	$2,600	55
Homeowner's Insurance Premium (12 months)	$1,800	56
Prepaid Interest ($80.00 per day for 10 days @6.5%)	$800	57
G. Initial Escrow Payment at Closing	$2,400	58
Homeowner's Insurance ($150.00 per month for 3 mo.)	$450	59
Property Taxes ($390.00 per month for 5 mo.)	$1,950	60
H. Other	$0	61
I. Total Other Costs (E + F + G + H)	$5,300	62
J. Total Closing Costs (D + I)	$11,358	63

Calculating Cash to Close

Total Closing Costs (J)	$11,358	64
Closing Costs Financed	$0	65
Funds from Borrower	$11,358	66
Funds for Borrower	$0	67
Adjustments and Other Credits	$0	68
Estimated Cash to Close	$11,358	69

Important Note: The figures shown in the tables above are for demonstration purposes only and do not represent actual costs for your loan. Closing costs vary based on factors such as purchase price, loan amount, property location, and other individual circumstances. To obtain an accurate Loan Estimate tailored to your situation, please contact a licensed loan officer.

Explanation of Fees

1. Origination Charges: Fees for processing the purchase loan, including administrative and underwriting costs.

2. Admin Fee: Cost for administrative tasks related to purchase loan processing.

3. Closing Fee: Fee for finalizing the purchase loan at closing.

4. Underwriting Fees: Cost for evaluating the borrower's creditworthiness for the purchase loan.

5. Services You Cannot Shop For: Fees for services required by the lender for the purchase loan, like appraisals.

6. Appraisal Fee: Cost to assess the property’s market value for the purchase loan.

7. Credit Report: Fee for obtaining the borrower’s credit history for the purchase loan.

8. Reinspection Fee: Cost for additional property inspections for the purchase loan, if needed.

9. Services You Can Shop For: Fees for purchase loan services like title insurance where borrowers can choose providers.

10. Title - Endorsement Fee: Cost for additional title insurance endorsements for the purchase loan.

11. Title - Escrow Fee: Fee for escrow services to manage funds during purchase loan closing.

12. Title - Lender's Title Insurance: Insurance to protect the lender against title issues for the purchase loan.

13. Title - Messenger Fee: Cost for document delivery services for the purchase loan.

14. Title - Notary/Signing Fee: Fee for notarizing purchase loan documents.

15. Title - Overnight/Messenger Fee: Cost for expedited document delivery for the purchase loan.

16. Title - Recording Service Fee: Fee to record the purchase mortgage with the county.

17. Title - Sub Escrow Fee: Cost for additional escrow-related services for the purchase loan.

18. Total Loan Costs: Sum of origination charges and services for the purchase loan (A + B + C).

19. Taxes and Other Government Fees: Fees for government services for the purchase loan, like recording the mortgage.

20. Recording Fees and Other Taxes: Costs to record the deed and mortgage for the purchase loan.

21. Transfer Taxes: Taxes on the property transfer for the purchase loan (may be $0).

22. Prepaids: Upfront payments for insurance, taxes, and interest for the purchase loan.

23. Homeowner's Insurance Premium: Annual cost for property insurance for the purchase loan.

24. Prepaid Interest: Interest paid from closing to the first payment date for the purchase loan.

25. Initial Escrow Payment at Closing: Funds to set up an escrow account for the purchase loan.

26. Homeowner's Insurance (Escrow): Initial escrow deposit for insurance for the purchase loan.

27. Property Taxes (Escrow): Initial escrow deposit for property taxes for the purchase loan.

28. Other: Miscellaneous costs for the purchase loan, like tax prorations.

29. County Taxes Proration: Adjusted taxes owed at closing for the purchase loan.

30. Total Other Costs: Sum of taxes, prepaids, escrow, and other costs for the purchase loan (E + F + G + H).

31. Total Closing Costs: Sum of loan costs and other costs for the purchase loan (D + I).

32. Total Closing Costs (J): Total costs repeated for clarity for the purchase loan.

33. Closing Costs Financed: Portion of closing costs paid through the purchase loan.

34. Down Payment/Funds from Borrower: Amount the borrower must pay upfront for the purchase loan.

35. Deposit: Initial deposit paid toward the purchase.

36. Funds for Borrower: Any funds returned to the borrower at closing for the purchase loan.

37. Seller Credits: Contributions from the seller to reduce purchase loan costs.

38. Adjustments and Other Credits: Other financial adjustments at closing for the purchase loan.

39. Estimated Cash to Close: Total cash needed to close the purchase loan, including down payment and costs.

40. Origination Charges: Fees for processing the refinance loan, including administrative and underwriting costs.

41. Admin Fee: Cost for administrative tasks related to refinance loan processing.

42. Underwriting Fees: Cost for evaluating the borrower's creditworthiness for the refinance loan.

43. Services You Cannot Shop For: Fees for services required by the lender for the refinance loan, like appraisals.

44. Appraisal Fee: Cost to assess the property’s market value for the refinance loan.

45. Credit Report: Fee for obtaining the borrower’s credit history for the refinance loan.

46. Flood Certification: Fee to verify if the property is in a flood zone for the refinance loan.

47. Services You Can Shop For: Fees for refinance loan services like title insurance where borrowers can choose providers.

48. Title - Escrow Fee: Fee for escrow services to manage funds during refinance loan closing.

49. Title - Lender's Title Insurance: Insurance to protect the lender against title issues for the refinance loan.

50. Title - Notary/Signing Fee: Fee for notarizing refinance loan documents.

51. Title - Recording Service Fee: Fee to record the refinance mortgage with the county.

52. Total Loan Costs: Sum of origination charges and services for the refinance loan (A + B + C).

53. Taxes and Other Government Fees: Fees for government services for the refinance loan, like recording the mortgage.

54. Recording Fees and Other Taxes: Costs to record the mortgage for the refinance loan.

55. Prepaids: Upfront payments for insurance, taxes, and interest for the refinance loan.

56. Homeowner's Insurance Premium: Annual cost for property insurance for the refinance loan.

57. Prepaid Interest: Interest paid from closing to the first payment date for the refinance loan.

58. Initial Escrow Payment at Closing: Funds to set up an escrow account for the refinance loan.

59. Homeowner's Insurance (Escrow): Initial escrow deposit for insurance for the refinance loan.

60. Property Taxes (Escrow): Initial escrow deposit for property taxes for the refinance loan.

61. Other: Miscellaneous costs for the refinance loan.

62. Total Other Costs: Sum of taxes, prepaids, escrow, and other costs for the refinance loan (E + F + G + H).

63. Total Closing Costs: Sum of loan costs and other costs for the refinance loan (D + I).

64. Total Closing Costs (J): Total costs repeated for clarity for the refinance loan.

65. Closing Costs Financed: Portion of closing costs paid through the refinance loan.

66. Funds from Borrower: Amount the borrower must pay upfront for the refinance loan.

67. Funds for Borrower: Any funds returned to the borrower at closing for the refinance loan.

68. Adjustments and Other Credits: Other financial adjustments at closing for the refinance loan.

69. Estimated Cash to Close: Total cash needed to close the refinance loan.

Need Help?

Contact a local mortgage expert in Los Angeles for assistance with understanding closing costs.

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Office:
453 S. Spring Street, Suite 400,

Los Angeles, California 90013

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Terms of Services

Mortgage information and important limitations

Information on this website is general educational information. It is not a loan approval, commitment to lend, personalized rate quote or guarantee of savings. Available financing and final loan terms depend on the lender, program, applicant and property, and are subject to verification and applicable underwriting requirements.

Loan programs and requirements can change. Down-payment assistance, when available, has separate eligibility and funding conditions and may involve a second loan or repayment obligation. A low- or no-down-payment option does not necessarily eliminate closing costs or other required funds.

Calculator results are estimates based on the information and assumptions shown, not offers of credit. Actual rates, APR, fees, payments and savings may differ. Review each tool's stated inclusions and exclusions and obtain the applicable loan disclosures before making a financing decision. A lower monthly payment does not necessarily mean a lower total borrowing cost.

A mortgage or home-equity loan is secured by your property. Failure to meet its terms can put your home at risk. O1ne Mortgage Inc., DBA Los Angeles Mortgage Lender, is not a government agency and is not endorsed by VA, FHA, USDA or CalHFA.

O1ne Mortgage Inc., DBA Los Angeles Mortgage Lender
Real Estate Broker — California Department of Real Estate
California DRE #02103625 · Corporate NMLS #1906814
Los Angeles Mortgage Lender — DBA NMLS #2530594
Loan officer: Georges Kfoury · California DRE #01386688 · NMLS #365129
Equal Housing Lender.

453 S. Spring Street, Suite 400, Los Angeles, CA 90013
Office visits by confirmed appointment only. No walk-ins.

Phone: (213) 510-1717
Email: [email protected]
Staffed phone hours: Monday–Friday, 9 AM–5 PM Pacific.

Closing Costs Guide for Los Angeles, CA

Understand Your Mortgage Closing Costs

Closing Costs Breakdown

Loan Costs

Other Costs

Calculating Cash to Close

Loan Costs

Other Costs

Calculating Cash to Close

Explanation of Fees

Need Help?

Mortgage information and important limitations

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