Closing Costs Estimator

Estimate total closing costs including origination fees, title, appraisal, prepaid items, and transfer taxes.

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Est. Closing Costs
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    What Are Mortgage Closing Costs?

    Closing costs typically range from 2% to 5% of the loan amount and are due at settlement. They cover lender fees, third-party services, prepaid amounts, and government charges.

    Key Cost Categories

    • Loan Origination: ~1% of loan — lender's fee for processing
    • Appraisal: $400–$700 — required by lender to confirm value
    • Title Insurance: ~0.5% — protects against ownership disputes
    • Prepaid Items: 1–2 months of taxes and insurance upfront into escrow
    • Transfer/Deed Tax: Varies widely by state (0.1%–2%+)

    Negotiating Closing Costs

    Sellers can contribute to your closing costs (seller concessions) — typically up to 3–6% of the purchase price depending on loan type and down payment. You can also negotiate lender fees or shop for lower-cost title and settlement services.