Closing Costs Calculator

Estimate buyer or seller closing costs including origination, title insurance, appraisal, and agent commission.
$
$
Buyer or Seller

Buyer Closing Costs

$8,041.67

% of Purchase Price

2.30%

Buyer Cost Breakdown

Loan Origination (1%)$2,800.00
Appraisal$500.00
Home Inspection$400.00
Title Insurance (0.5%)$1,750.00
Recording Fees$200.00
Attorney Fees$1,500.00
Escrow (2 months tax + insurance)$891.67
Total Closing Costs$8,041.67

Use the Closing Costs 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

Our Closing Costs Calculator estimates the total expenses you'll pay at the end of a mortgage transaction, beyond the down payment. Understanding these costs upfront is crucial for budgeting and avoiding financial surprises when buying or refinancing a home.

This calculator aggregates various closing cost categories, often expressed as a percentage of the loan amount or fixed fees. It includes lender fees (origination, underwriting), third-party fees (appraisal, title insurance, attorney), and prepaid items (property taxes, homeowner's insurance).

Always ask for a detailed Loan Estimate from your lender, as this provides an official breakdown of your specific closing costs. Don't forget to budget for unexpected costs, and compare estimates from multiple lenders to find the best deal.

Example: Buying a home with a $300,000 mortgage

  1. 1 Input a mortgage loan amount of $300,000. For estimated closing costs, assume a range of 2% to 5% of the loan amount, or manually input individual fee estimates if known.
  2. 2 The calculator takes the loan amount and applies typical percentages or fixed fees for items like loan origination (e.g., 1% of loan), appraisal ($600), title insurance ($1,500), and prepaid taxes/insurance (e.g., 3 months' worth).
  3. 3 Based on a 3% estimate of the loan amount, your approximate closing costs would be $9,000. If more detailed inputs are used, like specific lender fees, the total would be the sum of all individual line items.
  4. 4 This estimate shows that in addition to your down payment, you'll need approximately $9,000 available for closing costs. This helps you plan your savings and ensures you're prepared for the final stages of your home purchase.

Source: CFPB — Owning a Home · Last updated: April 2026

Frequently Asked Questions

How much are typical closing costs for a home buyer?
Buyer closing costs typically run 2-5% of the purchase price. On a $350,000 home, expect $7,000-$17,500 covering appraisal, title insurance, origination fee, recording fees, and prepaid expenses.
Can the seller pay my closing costs?
Yes, seller concessions are common. Sellers can pay a portion of buyer closing costs, usually up to 3-6% depending on the loan type. This is often negotiated as part of the purchase offer.
What closing costs does a seller pay?
Sellers typically pay real estate agent commissions (5-6% of sale price), transfer taxes, title insurance for the buyer, and their share of prorated property taxes. Total seller costs usually run 7-10% of the sale price.

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