Closing Cost Calculator
Estimate US closing costs and cash needed to close when buying a home.
About the Closing Cost Calculator
Enter the home price, down payment and each fee: origination, appraisal, title insurance, transfer tax, recording, prepaid interest and escrow. The calculator gives the total closing costs and the cash needed to close.
Buyers' closing costs typically run 2–5% of the price: lender fees, appraisal, title insurance, government recording fees and transfer taxes, plus prepaid interest and an escrow deposit for property tax and insurance. Your lender must give you a Loan Estimate within 3 business days of applying and a Closing Disclosure 3 days before closing.
The formula
Total = Σ fees; cash to close = closing costs + down payment
Worked example
A 400,000 home with 20% down and this page's typical fees
- Closing costs about 12,405 (3.1% of the price)
- Plus the 80,000 down payment
- Cash to close: 92,405
Questions people ask
Can the seller pay closing costs?
Yes, through negotiated seller concessions, within loan programme limits.
Which costs can I shop for?
Title services, inspection and some settlement services; your Loan Estimate lists them.