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To collect its data, which excludes taxes, title fees, property insurance, association fees, interest and other prepaid items, Bankrate surveyed up to 10 lenders each state plus the District of Columbia in June 2013. The average closing costs are based on estimates for a $200,000 mortgage for a single-family home with a 20 percent down payment. Costs include fees charged by lenders and third-party fees for services such as appraisals.
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