Closing Costs Calculator
Estimate closing costs for your home purchase
About this calculator
Our Closing Costs Calculator helps homebuyers estimate the total fees and expenses required to complete their home purchase. Closing costs typically range from 2-5% of the home's purchase price and include various fees like loan origination, appraisal, title insurance, attorney fees, and prepaid expenses. This calculator provides accurate estimates so you can budget properly and avoid surprises at closing, ensuring you have sufficient funds available for your home purchase transaction.
How to use
Enter your home's purchase price, down payment amount, and loan details into the calculator. Select your state and property type for location-specific fees. The calculator will automatically compute estimated closing costs including lender fees, third-party services, government taxes, and prepaid items like insurance and property taxes.
Frequently asked questions
What are typical closing costs?
Closing costs usually range from 2-5% of the home's purchase price and include loan fees, appraisal, title insurance, attorney fees, and prepaid expenses.
Who pays closing costs?
Both buyers and sellers pay closing costs, though buyers typically pay more. Some costs can be negotiated between parties or covered by lenders.
When are closing costs paid?
Closing costs are paid at the closing table when you sign final paperwork and receive keys, typically via cashier's check or wire transfer.