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Closing Costs Calculator — No Surprises at the Closing Table

Know exactly how much cash you need to close before you make an offer. Get an itemized breakdown in under a minute.

What you'll need

  • Home purchase price
  • Down payment amount
  • Loan type (Conventional, FHA, or VA)

What's included in your estimate

Loan origination fee

~0.75% of loan amount

Title insurance

~0.5% of home price

Appraisal fee

Typically $400–$600

Home inspection

Typically $300–$500

Prepaid property tax

2 months escrow

Prepaid homeowners insurance

1 year upfront

FHA / VA loan fees

If applicable

Recording & title search

Government fees

How It Works

1

Enter the purchase price

Your home's contract price drives most closing cost estimates.

2

Select your state

Transfer taxes and recording fees vary significantly by location.

3

Review itemized costs

Get a full breakdown of lender fees, title, escrow, and prepaid items.

Typical Closing Cost Breakdown

Cost ItemTypical Range
Loan origination fee0.5–1% of loan
Appraisal fee$400–$700
Title insurance$700–$2,000
Escrow / settlement fee$500–$1,500
Prepaid interest0–30 days of interest
Property tax escrow2–3 months

Total closing costs typically run 2–5% of the purchase price.

Frequently asked questions

How much are closing costs on a house?

Closing costs typically range from 2% to 5% of the loan amount. On a $400,000 home with 10% down ($360,000 loan), expect $7,200–$18,000 in closing costs. This includes lender fees, title insurance, prepaid taxes, and insurance.

What closing costs can the seller pay?

Sellers can pay buyer closing costs as a concession, typically up to 2–6% of the purchase price depending on loan type. This is negotiated in the purchase offer and can significantly reduce your out-of-pocket cash at closing.

Can I roll closing costs into my mortgage?

On some loan types (especially VA and USDA), you can finance closing costs into the loan. With conventional loans, this is limited. Rolling costs in means paying interest on them over the life of the loan, increasing your total cost.

What are prepaid costs at closing?

Prepaid costs are upfront payments for ongoing expenses: homeowners insurance (12 months prepaid), property tax escrow (2–3 months), and prepaid mortgage interest (from closing day to the end of the month). These aren't fees — you'd pay them regardless, just not all at once.

Authoritative resources

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