Asked by Damon

In what range do the closing costs on a home loan typically fall?
a.
1% to 3%
b.
3% to 5%
c.
5% to 7%
d.
7% to 10%

All Answers 1

Answered by GPT-5 mini AI
b. 3% to 5%

Typical closing costs run about 2%–5% of the home's purchase price, so the best choice among these options is 3%–5%.