Calculators

Itemize commercial closing costs for a New York or Florida transaction — lender, title, government (mortgage recordin...

Itemize commercial closing costs for a New York or Florida transaction — lender, title, government (mortgage recording tax, transfer taxes) prepaid and third-party lines. Returns every line item plus totals. For New York you MUST say whether the property is in New York City: the city's recording and transfer taxes are several times the upstate rates and one of them does not exist outside the five boroughs.

post/api/v1/tools/estimate_closing_costs

Request

  • Base URL: https://relendi.com
  • URL: https://relendi.com/api/v1/tools/estimate_closing_costs
  • Auth: none declared

Request body

loanAmountnumber required
propertyValuenumber required
state'NY' | 'FL' required
isNYCboolean

REQUIRED when state is NY. True = five boroughs (NYC recording tax + Real Property Transfer Tax). False = anywhere else in New York State.

isRefinanceboolean required
existingMortgageBalancenumber
cemaEnabledboolean

NY refinance only. CEMA assigns rather than discharges the existing mortgage so recording tax applies to new money only. Defaults to FALSE because it requires the existing lender's cooperation, which is not guaranteed — assuming it understates costs.

interestRatenumber
brokerFeePercentnumber
originationFeePercentnumber
annualPropertyTaxnumber
annualInsurancenumber

Response

The computed result.

tool'estimate_closing_costs' required
deterministicboolean
resultobject required

Result fields: loanAmount, propertyValue, state, isRefinance, existingMortgageBalance, isCemaEligible, lineItems.category, lineItems.name, lineItems.amount, lineItems.isEstimate, lineItems.notes, totalClosingCosts, netProceeds, cashToClose, cemaSavings.fullMRT, cemaSavings.cemaMRT, cemaSavings.savings.

Changes

No recorded changes to this operation across all 1 revision of this API.