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: These are administrative fees for services rendered to finalize the sale, such as government recording and transfer fees, appraisal fees, and legal/notary services. REW which are prepaid costs when buying a home
: This covers the interest that accrues on your new mortgage from the day you close until the end of that calendar month. For example, if you close on the 20th, you will prepay about 10 days of interest. CliffsNotes AI responses may include mistakes