Royal Bank closing costs and rates (2024)
In 2024, Royal Bank originated 124 purchase mortgages at a median interest rate of 6.78% and median total closing costs of $2,385. That is $4,356 below the national median of $6,741. Royal Bank is most active in Wisconsin with 120 originations there.
Purchase Originations
124
Median Total Costs
$2,385
−64.6% vs national ($6,741)
Median Rate
6.780%
+2.4% vs national (6.620%)
Median Origination
$525
Median Lender Credits
$63
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 124 | 6.780% | $2,385 | $525 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $885 | 10.500% | — | 1 | −$1,500 | |
| 2 | $1,165 | 8.250% | — | 1 | −$1,220 | |
| 3 | $1,626 | 8.500% | — | 4 | −$759 | |
| 4 | $1,904 | 7.850% | — | 8 | −$481 | |
| 5 | $2,253 | 7.000% | — | 29 | −$132 | |
| 6 | $2,283 | 6.625% | — | 7 | −$102 | |
| 7 | $2,368 | 6.688% | — | 30 | −$17 | |
| 8 | $2,383 | 7.188% | — | 8 | −$2 | |
| 9 | $2,640 | 6.750% | — | 8 | +$255 | |
| 10 | $2,875 | 6.875% | — | 3 | +$490 | |
| 11 | $2,915 | 6.625% | — | 1 | +$530 | |
| 12 | $3,126 | 6.625% | — | 1 | +$741 | |
| 13 | $3,151 | 7.250% | — | 1 | +$766 | |
| 14 | $3,325 | 6.750% | — | 9 | +$940 | |
| 15 | $3,493 | 6.625% | — | 9 | +$1,108 | |
| 16 | $4,336 | 6.688% | — | 2 | +$1,951 | |
| 17 | $4,705 | 6.500% | — | 1 | +$2,320 | |
| 18 | $6,943 | 6.875% | — | 1 | +$4,558 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.