Many Arlington, VA real estate buyers do not have a clue about their closing costs. They do know that those costs exist, but not much else.
So here is a simple way to calculate it. Your closing costs will be 2% of sales price plus $2,000.
So if you are buying a $400,000 home – your closing costs will be around $10,000. If you are buying a home for $750,000 – your closing costs will be around $17,000.
Read the whole story and a lot more closing cost details here.