Closing Cost Calculator

Estimate what you'll pay at closing when you buy a home, item by item, and the total cash you'll need including your down payment.

Estimated closing costs
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Typical amounts for planning. Your Loan Estimate from a lender shows actual fees.

What buyers pay at closing

  • Lender fees: origination or underwriting fee (often 0.5% to 1% of the loan) and optional discount points (each point costs 1% of the loan and lowers your rate).
  • Third-party services: appraisal ($500 to $800), credit report, home inspection, title search and lender's title insurance, and the settlement or escrow company's fee.
  • Government fees: recording fees, and transfer or mortgage taxes, which vary widely by state and city. Some states have none; others charge 1% or more.
  • Prepaids and escrow: interest from closing day to the end of the month, the first year of homeowners insurance, and a few months of property tax and insurance to start your escrow account.

How to lower closing costs

  • Get Loan Estimates from at least three lenders and compare section A (origination charges).
  • Shop for services you are allowed to choose, like title insurance in many states.
  • Ask the seller for a credit toward closing costs, especially in a slower market.
  • Close near the end of the month to reduce prepaid interest (your first payment comes a bit sooner).
  • Look for first-time buyer programs that help with closing costs.

Also plan your down payment and monthly payment with the mortgage calculator.

Last reviewed October 2026.

Frequently asked questions

How much are closing costs on a house?

Buyers typically pay about 2% to 5% of the purchase price in closing costs. On a $400,000 home, that is roughly $8,000 to $20,000. The total depends on your lender's fees, your state's taxes, title insurance rates and how much you prepay into escrow.

What is included in closing costs?

Lender fees (origination, points, underwriting), third-party fees (appraisal, credit report, title search and insurance, settlement or escrow fee, inspection), government fees (recording fees and transfer taxes), and prepaid items (prepaid interest, the first year of homeowners insurance and an initial escrow deposit for taxes and insurance).

Who pays closing costs, the buyer or seller?

Both have closing costs. Buyers pay most loan-related fees and prepaids. Sellers usually pay their agent commissions and often some transfer tax. Who pays what can be negotiated, and sellers sometimes agree to pay part of the buyer's costs as a "seller credit".

Can closing costs be rolled into the mortgage?

On a purchase, usually not directly, but you can ask for a seller credit or a lender credit (in exchange for a slightly higher rate). On a refinance, closing costs can often be added to the loan balance.

When will I know my exact closing costs?

Your lender must give you a Loan Estimate within three business days of applying, and a Closing Disclosure at least three business days before closing with the final numbers. Compare both, and compare Loan Estimates from several lenders.