That depends if the lender is charging points and origination fees or not. Also the escrowing of taxes differ from month to month. I would ask a lender to provide you with a GOOD FAITH ESTIMATE of a particular property that you are considering buying to use as a guage.
If you are a First Time Home Buyer and work in Montgomery County, there is Down Payment and Closing Costs Assistance available (there are other requirements)
This site explains how it works http://www.maryland-fha-loans.com/HOC.html
Good Luck,
Mario

I would need to know which condo you are talking about to answer the question on utilities.

Some of the cost in closing include
- loan origination fees - depending on your lender.
- settlement attorney fee - depending on the closer used.
- prepaid county property taxes
- State transfer fees - normally shared between buyer and seller, Buyer side may be waived if first time home buyer.
- Count transfer fees - normally shared between buyer and seller.
- County recordation fee - based on the purchase price of the home.

Give me a call (301) 237-2277 to discuss in more detail.

- count
- atleast one months condo fee

Fixcar,

Closing costs can vary by lender and closing company. You an use a calculation for a rule of thumb but it is better to talk to a lender for a more accurate estimate.

Regarding condo fees covering the utilities, it depends on the condo.

Please contact me directly to discuss specifics and I can help you get teh information you need.

Jay Schlaffer, Weichert Realtors jschlaffer@weichert.com

Each condo has its own items that r covered.
I can send u a sample settlement sheet(items and $ only) for u to understand thes.
U can figure app. 4% of sales price as the settlement costs for the buyer.
rgds,
Ramesh Chandra
703 635 8209
mepcigroup@gmail.com