Median total mortgage loan costs in the U.S. 2019-2023, by race
Median total loan costs for conventional conforming loans were the highest for Hispanics in the third quarter of 2023 and amounted to about 6,900 U.S. dollars. Loan costs have increased substantially since 2019 and reached their highest levels in 2023. Mortgage loan costs include any costs connected to the loan, such as taxes, assessments, fees, and insurance premiums.