Within three days of applying for your loan, your lender will give you a document called a Good Faith Estimate (.pdf) that is the lender’s best estimate of your closing costs.
This document shows an estimate of the amount you will pay for points on your loan, as well as any other fees that your lender may charge to process or close your loan. (Points are a one-time fee that covers the lender’s cost of doing business. One point equals 1% of the loan amount.) Other estimated charges may include mortgage insurance, title insurance and recording fees.