Closing Cost Calculator

Closing costs are the fees and expenses you pay to finalize a real estate transaction, typically ranging from 2% to 5% of the home purchase price. These costs are separate from your down payment and are due on closing day. This calculator provides an itemized estimate of the most common closing costs so you can budget accurately and avoid surprises at the closing table. The fees include lender charges like origination fees and credit reports, third-party services like appraisals and title insurance, government fees like recording costs, and prepaid items like property taxes and homeowners insurance that go into your escrow account. First-time buyers are often caught off guard by closing costs because they focus only on the down payment. On a $350,000 home, closing costs might add $10,000 to $17,500 on top of your down payment. Some costs are negotiable (origination fees, title company selection), and some sellers will agree to pay a portion of buyer closing costs as part of the purchase agreement. Understanding each line item gives you leverage to negotiate and potentially save thousands.