🏷️ Closing Cost Calculator
Estimate total closing costs for any home purchase — all 50 states, conventional, FHA, and VA loans. Detailed itemized breakdown included.
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Closing Cost Estimator
Purchase price, state, loan type, and down payment
Prepaids: property tax escrow, homeowner's insurance prepay, prepaid interest
Closing Cost Estimate
Loan Fees
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Title & Escrow
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Transfer Tax
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Total Closing Costs
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Itemized Breakdown
TOTAL DUE AT CLOSING—
As % of purchase price—
What Are Closing Costs?
Closing costs are fees paid at the close of a real estate transaction. They typically range from 2–5% of the purchase price for buyers. High-tax states (NY, PA, MD) can reach 6%+.
Lender FeesOrigination (0.5–1%), appraisal ($400–700), credit report, underwriting
Title & EscrowTitle search, title insurance (lender + owner policy), escrow/closing fee
Government FeesTransfer tax (varies by state), recording fees, FHA/VA upfront fees
PrepaidsProperty tax escrow, homeowner's insurance prepay, prepaid mortgage interest
Frequently Asked Questions
Who pays closing costs — buyer or seller?
Both parties pay closing costs. Buyers typically pay 2–5% of the purchase price (lender fees, title, prepaids). Sellers typically pay 6–8% (agent commissions, transfer tax, prorated taxes). In competitive markets, buyers may ask sellers to cover some buyer closing costs as a concession.
Can closing costs be rolled into the loan?
Some lenders offer "no-closing-cost" loans where costs are rolled into a higher interest rate. VA loans allow seller concessions up to 4%. FHA loans allow seller concessions up to 6%. Rolling costs into the loan increases your monthly payment and total interest paid.
Why does transfer tax vary so much by state?
Transfer taxes (also called deed stamps, conveyance taxes, or excise taxes) are state and sometimes local taxes on the transfer of real property. Rates range from 0% (TX, AK, ID) to over 4% (DE). Some states split the tax between buyer and seller.