Closing Cost Calculator
Estimate how much you'll pay in closing costs when buying a home.
Cost Breakdown
These are estimates. Actual costs vary by lender, location, and transaction. Request a Loan Estimate from your lender within 3 days of application for exact figures.
Frequently Asked Questions
What are closing costs?▼
Closing costs are fees paid at the end of a real estate transaction. They typically range from 2–5% of the purchase price for buyers. They include lender fees, title insurance, appraisal, attorney fees, prepaid taxes and insurance, and recording fees.
Can closing costs be rolled into the mortgage?▼
Some lenders allow you to roll closing costs into the loan (increasing your balance) or offer 'no-closing-cost' loans at a higher rate. This avoids upfront cash but increases your monthly payment and lifetime interest paid.
What are prepaid items?▼
Prepaid items are not fees but advance payments: homeowner's insurance (usually 12 months upfront), property tax escrow (2–6 months), and prepaid interest from closing date to end of month. They appear on your Closing Disclosure but go into an escrow account.
Who pays closing costs — buyer or seller?▼
Buyers pay the majority of closing costs (2–5%). Sellers typically pay 5–6% in real estate agent commissions plus transfer taxes. In some markets, sellers offer concessions to cover part of the buyer's closing costs to close the deal faster.