Closing Cost Calculator
Estimate the closing costs on a home purchase — enter the price and down payment to see a full itemized breakdown (origination, appraisal, title, prepaids and more) and the total as a share of the price.
Created and reviewed by Christoph Ballmer Estimate for general information only — not financial advice. Closing costs typically run 2–5% of the price but vary widely by state, lender and loan type; the itemized figures here use common national averages and your actual Loan Estimate will differ. Figures as of 07/2026, without warranty. Confirm with your lender’s official Loan Estimate.
What closing costs include
Closing costs are the fees you pay to finalize a home purchase, on top of your down payment. For a buyer they usually total 2–5% of the price — on a $400,000 home, roughly $8,000 to $20,000. This calculator itemizes the main pieces so you can see where the money goes rather than guessing at a single percentage. Figures are national averages as of 07/2026, without warranty — your Loan Estimate will differ.
| Cost | Typical amount |
|---|---|
| Lender / origination fees | ~0.5–1% of the loan |
| Appraisal | ~$300–$600 |
| Title insurance & settlement | ~0.5% of the price |
| Prepaids (taxes & insurance escrow) | ~0.5–1% of the price |
| Recording & government fees | a few hundred dollars |
| Discount points (optional) | 1% of the loan per point |
Who pays which closing costs
Buyers and sellers split the costs. The buyer generally pays the lender, appraisal, title and prepaid items — the ones this calculator estimates. The seller usually pays the real-estate commissions and, in many areas, the transfer tax. In a soft market you can sometimes negotiate seller concessions, where the seller credits part of your closing costs, and some loans let you roll certain costs into the balance instead of paying cash.
Closing costs vary a lot by state and lender, so treat this as a planning estimate and compare your lender’s official Loan Estimate. To size the loan and monthly payment, use the mortgage calculator; to see how paying points changes your rate over time, the mortgage recast calculator, and for the true all-in rate including fees, the APR calculator.
Frequently asked questions
How much are closing costs?
For a buyer, closing costs typically run about 2–5% of the home price. On a $400,000 home that is roughly $8,000–$20,000 on top of your down payment. The exact amount depends on your state, lender, loan type and whether you buy discount points. Enter your price above for an itemized estimate.
What is included in closing costs?
Closing costs bundle several fees: lender or origination charges, an appraisal, title insurance and settlement/escrow fees, prepaid items (property taxes and homeowners insurance put into escrow), and recording and government fees. Optional discount points are extra. The calculator breaks each one out so you can see where the money goes.
Who pays closing costs, the buyer or the seller?
Both pay some. Buyers cover lender, appraisal, title and prepaid costs; sellers typically pay the real-estate agent commissions and some transfer taxes. In a buyer’s market you can sometimes negotiate seller concessions, where the seller credits part of your closing costs. This calculator estimates the buyer’s side.
Can closing costs be rolled into the loan?
Sometimes. On a refinance, or with certain loan programs, you can finance some closing costs into the loan balance instead of paying cash — you borrow more and pay interest on it over time. On a purchase, lender or seller credits are more common. Ask your lender which options apply to your loan.