What Is the Difference Between Closing Costs and Prepaid?

Don't want an interest only if you see housing market turn and it looks like house prices are going to start pulling back. You could end up upside down if you borrow a hundred %. Cash to clothes is made up of down payment money, as well as closing costs and prepad. The closing cost would be whatever your lenders charging you in fees for the appraisal, title or recording vt the county.