Homeowner tool
Closing Cost Estimator
Estimate what closing will actually cost — as a buyer or a seller — and how much cash you need on the day.
Transaction details
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- Estimated cash to close—
Estimates are for educational planning only and are not an offer of credit, a quote, or financial advice. Actual figures depend on your lender, credit profile, loan program, location, and current market conditions. Property tax rates, insurance premiums, and mortgage insurance costs vary widely. Confirm all numbers with a licensed lender before making a decision. Transfer taxes, recording fees, and attorney requirements vary dramatically by state and county — in some jurisdictions they are the largest single line item. Your Loan Estimate and Closing Disclosure are the authoritative figures.
How this calculator works
- Buyer estimates include origination at roughly 0.5% of the loan, appraisal, inspection, title and settlement, recording, attorney or closing agent, and prepaid taxes and insurance.
- Seller estimates include commission, transfer taxes, title and settlement, attorney, recording, and a placeholder for negotiated concessions.
- Cash to close for a buyer adds the down payment to closing costs. Your earnest money deposit is credited against it.
- These are national averages. Local practice determines who pays what.
Frequently asked questions
How much are closing costs for a buyer?
Commonly 2 to 5 percent of the purchase price, though states with high transfer taxes run higher.
Can the seller pay my closing costs?
Often, within limits set by your loan program — commonly 3 to 6 percent depending on the program and down payment.
Disclaimer. Estimates are for educational planning only and are not an offer of credit, a quote, or financial advice. Actual figures depend on your lender, credit profile, loan program, location, and current market conditions. Property tax rates, insurance premiums, and mortgage insurance costs vary widely. Confirm all numbers with a licensed lender before making a decision.