Closing Costs Estimator
The Closing Costs Estimator itemizes all the fees and taxes you will pay at closing when purchasing a home. These costs typically range from 2-5% of the purchase price and include lender fees, title insurance, appraisal, attorney fees, transfer taxes, and prepaid items. Enter the purchase price and loan amount to see an itemized breakdown of estimated closing costs. The donut chart shows the proportion of each cost category in the total, helping you understand where the money goes. Closing costs are frequently underestimated by first-time buyers, leading to last-minute scrambles for additional cash. This calculator helps you budget accurately by ensuring you account for all standard closing costs before committing to a purchase.
Total Closing Costs
$16,504.79
As % of Price
4.13%
Lender Fees
$3,750.00
Government Fees
$4,250.00
| Item | Category | Amount |
|---|---|---|
| Loan Origination Fee | lender | $3,200 |
| Appraisal Fee | lender | $500 |
| Credit Report | lender | $50 |
| Title Search | title | $2,000 |
| Title Insurance | title | $2,000 |
| Attorney Fee | title | $1,000 |
| Recording Fee | government | $250 |
| Transfer Tax | government | $4,000 |
| Prepaid Property Tax (3 months) | prepaid | $1,250 |
| Prepaid Homeowner Insurance (1 year) | prepaid | $1,400 |
| Prepaid Mortgage Interest (15 days) | prepaid | $855 |
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