It depends on the type of loan you are using. Keep in mind that FHA guidelines are changing soon so those fees will be increasing. I just ratified a contract for a buyer at $130 exactly and her costs (including inspection fees, home warranty and normal closing costs, prepaids, etc, are about $5500 or so. That includes appraisal and FHA/VHDA fees, etc., . A lot depends on what rate you want and how much your home owners, flood insurance, etcs., costs. Until you know these numbers, it's hard to pin point an amount. What I normally do is send a sample listing to the lender with the taxes, flood zone info , association dues (if any) and so on. The lender will give an estimate for us to work off of. Remember that, once you have an estimate and providing that most other factors are the same, your purchase will cost you about $5 per $1,000 in regards to the payment. People wil often tell you that closing costs and prepaids are about 3% but that'sbased on a $250k purchase. Some fees remain the same no matter what your purchase price (attorney, warranty, title fees, etc) so the % of this total will be higher on a $130 than a $250. Keep in mind also that there are limits to how much in closing costs you can receive from the seller. If you can get your max and ask that the seller's cover a set amount, I'd include inspection fees, warranties, etc., so if you have left over money, you can use it towards these items. Good luck! Get a good agent in your area to help you out. Most are connected with good lenders that want to do a good job for everyone since positive referrals keep us in business.