2020 Home Purchase - Equity and Costs by Loan Type

All figures are averages

-Origination charges are paid to the lender at closing
-Discount points (points paid to lower the interest rate)
-Lender credits (this is a credit to the borrower)
-Other charges to borrower includes any other fees collected at closing, like mortgage insurance or the costs for credit checks.
-Downpayment is the property value minus the loan amount.

Home Purchases   Refinances  

Forward loans on owner-occupied, 1-4 unit, site-built homes. A small number of outliers have been removed. See methods for more info.
Table: NCRC Source: CFPB