Closing Cost Calculator
Closing costs are the fees and prepaid items due when a purchase is finalised. Every field here is an editable assumption, because real amounts depend on your lender, location and loan.
The purchase
Loan amount used for lender-based fees: $360,000
Loan costs
Fees charged by the lender to originate the loan.
0.00% of the loan = $0
Title and settlement
Government charges
$800 at this price
Prepaid items and escrow
Amounts collected up front for costs that continue after closing.
Credits
Estimated closing costs
$9,750
About 2.4% of the purchase price, after $0 of credits. Your Loan Estimate and Closing Disclosure are the authoritative figures.
By category
Each category is also shown as a dollar amount, so the chart is only a visual aid.
Loan costs
Lender fees, discount points and other loan-related charges.
$1,650
Title & settlement
Settlement/closing fee, lender's title policy and optional owner's policy.
$2,500
Prepaid expenses
Property taxes, insurance and interest collected in advance or escrowed.
$3,450
Taxes & government charges
Recording fees and any transfer or stamp taxes that apply where you buy.
$1,050
Inspection & appraisal
Costs of checking the property's condition and value.
$1,100
Other estimated costs
Anything else you expect.
$0
Total before credits
$9,750
Summary
- Total before credits
- $9,750
- Credits applied
- −$0
- Estimated net closing costs
- $9,750
- Share of purchase price
- 2.4%
Closing costs are separate from your down payment. To see everything you need in cash, use the Cash Needed to Buy calculator.
Want to understand this number?
How this calculator works
Closing costs are simply a sum of individual charges, so this calculator adds them up and groups them the way a Closing Disclosure does: loan costs, title and settlement, government charges, prepaid items, and other costs. Two of the figures are calculated rather than entered — discount points are a percentage of the loan amount, and transfer tax is a percentage of the purchase price.
Credits from the seller or lender are subtracted at the end to give a net figure, which is the number that affects your cash at closing.
What it can't tell you
- Fee amounts are examples, not quotes. Lenders, title companies and local governments set real amounts, and they vary widely by state and city.
- Transfer taxes are paid by the seller in many areas — check local custom and your contract before assuming this line applies to you.
- Program-specific fees such as FHA upfront mortgage insurance, VA funding fees and USDA guarantee fees are not included as separate lines.
- Prepaid interest and escrow deposits depend on your closing date and your servicer's escrow rules.