Buyer Closing Cost Calculator
Itemize buyer closing costs including origination, title, inspection, and prepaid items.
By Konstantin Iakovlev · Updated April 2026 · Source: CFPB — Owning a Home
Closing Costs
$5,997.95
% of Price
1.7%
Cash at Closing
$75,997.95
Itemized Costs
| Loan Origination (0.75%) | $2,100.00 |
| Appraisal | $500.00 |
| Home Inspection | $400.00 |
| Title Insurance | $1,000.00 |
| Recording Fees | $200.00 |
| Escrow (2 mo tax + ins) | $1,050.00 |
| Prepaid Interest (15 days) | $747.95 |
| Total Closing Costs | $5,997.95 |
| Down Payment | $70,000.00 |
| Total Cash Needed | $75,997.95 |
Use the Buyer Closing Cost Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
How It Works
Closing costs are the bundle of fees a buyer pays to finalize a home purchase, and they sit entirely apart from your down payment and the loan principal. Adding them up ahead of time tells you how much cash you actually need on the day you sign, which is the difference between a smooth closing and scrambling for funds at the last minute.
The total here combines several categories of charges. Lender fees cover origination and underwriting; third-party services include the appraisal, title insurance, and attorney fees; prepaid items such as property taxes and homeowner's insurance are collected in advance; and the government takes its share through recording fees. Depending on the line item, a fee may be a percentage of the loan amount, a flat charge, or a pro-rated daily amount.
Your best reference document is the Loan Estimate the lender is legally required to provide, since it spells out most of these costs in writing. Buyers who skip that step often guess too low and end up surprised. It also pays to scrutinize the list, because a number of these charges can be negotiated rather than accepted as fixed.
Example: Buying a $400,000 Home with a $320,000 Loan
- 1 Input home purchase price: $400,000. Input loan amount: $320,000. The calculator will then apply estimated percentages and fixed fees based on typical market rates for your location.
- 2 The calculator aggregates estimated costs: Lender fees (e.g., origination 1% of loan: $3,200), Title insurance ($1,500), Appraisal fee ($600), Recording fees ($200), Property taxes (2 months prepaid: $1,000), Homeowner's insurance (1 year prepaid: $1,200).
- 3 The estimated total buyer closing costs are $7,700 (which is approximately 1.9% of the home price or 2.4% of the loan amount).
- 4 This means that in addition to your down payment, you'll need an estimated $7,700 available at closing. This helps you plan your savings and avoid surprises on closing day.
Source: CFPB — Owning a Home · Last updated: April 2026
Frequently Asked Questions
How much are closing costs for a buyer?
What closing costs can buyers negotiate?
Are buyer closing costs tax deductible?
You might also need
Mortgage Calculator 2026 — Payment, Amortization & PMI
Calculate your monthly mortgage payment with taxes, insurance, PMI, and HOA. View full amortization schedule. Free, instant results based on current rates.
FHA Loan Calculator 2026 — MIP, Down Payment & Limits
Calculate FHA loan payments including upfront MIP (1.75%) and annual MIP premiums. See when MIP drops off. Free, instant results based on 2026 FHA limits.
Home Affordability Calculator — How Much House Can You Afford?
Find out how much house you can afford based on income, debts, down payment, and current mortgage rates. Free, instant results with DTI ratio breakdown.