Closing Cost Estimator
The fees nobody budgets for. Estimate lender, title, government, and prepaid costs — and the total cash you'll actually bring to the closing table on top of your down payment.
FAQ
- How much are closing costs?
- Typically 2–5% of the purchase price, on top of your down payment. On a $450,000 home that's roughly $9,000–$22,500 due at closing, bundling lender fees, third-party services, government charges, and prepaid escrow.
- Are closing costs separate from the down payment?
- Yes — and that's the surprise that catches first-time buyers. The down payment builds equity; closing costs are fees and prepaids that buy nothing you keep. You need both in cash at closing, which is why this tool shows the combined 'cash to close.'
- Which closing costs can I negotiate?
- Lender fees (origination, underwriting) and discount points are negotiable — compare Loan Estimates from multiple lenders. Title and settlement can sometimes be shopped. Government recording and transfer taxes are fixed. Prepaid escrow isn't a fee — it's your own money funding the account early.
- How accurate is this estimate?
- It's a planning ballpark using typical percentages. Your binding numbers come from the lender's Loan Estimate (within three days of applying) and the closing disclosure (three days before closing). Use this to budget and to sanity-check those documents.