Closing Costs. Larry and Laurie have found a home and made a $105,500 offer that has been accepted. They make a down payment of 15%. Their bank charges a loan origination fee of 0.5% of the loan and points of 2.1% (both are based on the loan amount). Other fees include a $40 loan application fee, a $270 appraisal fee, and $310 for title search and insurance. How much cash will Larry and Laurie need at closing? (Hint: the loan origination fee and the points are not part of the loan and will be needed at closing.) The amount Larry and Laurie will need at closing is $ 47340.68 . (Round to the nearest cent.)