Closing Cost Calculator
Closing costs usually run 2–5% of the loan amount. This breaks a typical case into line items you can compare against your Loan Estimate.
$12,250 estimated closing costs
- As % of loan
- 3.8%
| Item | Amount |
|---|---|
| Loan origination (1%) | $3,200 |
| Appraisal | $600 |
| Credit report & underwriting | $900 |
| Title insurance & search | $2,300 |
| Government recording & transfer tax | $1,350 |
| Settlement / attorney | $800 |
| Prepaid taxes & insurance escrow | $2,400 |
| Survey & inspections | $700 |
Typical-case estimate, not a Loan Estimate. Your lender's fees will differ.
How it works
Origination scales with the loan; title, transfer taxes, and settlement scale with the home price and a regional factor; the remaining items are typical flat ranges.
Frequently asked questions
What's included in these closing costs?
Loan origination, any discount points, appraisal, credit report and underwriting, title insurance and search, government recording and transfer taxes, settlement/attorney fees, prepaid tax and insurance escrow, and survey/inspection fees — the typical line items on a buyer's Closing Disclosure.
Why do closing costs vary so much by state?
Title insurance, transfer taxes, and attorney requirements are set locally, so they can run far above the national average in some states. The region factor scales those location-sensitive lines; leave it at 1.0 for a national-average estimate or raise it for a known high-cost area.
Are these the exact costs I'll pay?
No — this is a typical-case model, not a quote. Your Loan Estimate and Closing Disclosure from your actual lender will have the precise, binding figures; use this to sanity-check those documents or budget before you're far enough along to have one.
Can closing costs be rolled into the loan?
Some lenders offer a 'no-closing-cost' option that folds fees into a higher rate, or let you finance a portion of costs — increasing the loan amount instead of paying cash at closing. That trades a lower cash-to-close for more interest over the life of the loan.
Learn more: Closing costs explained — A line-by-line look at the 2–5% you pay to close — lender fees, third-party services, prepaids, and escrow — and which items you can shop for.