Closing Cost Calculator
Estimate home purchase closing costs from home price, loan amount, cost percentage, fees, and credits.
How this calculator works
How to use this calculator
Enter the home purchase price, estimated closing cost percentage, any additional fixed fees, and any seller or lender credits. The calculator estimates total closing costs.
Formula used
Estimated Closing Costs = Home Price × Closing Cost Percentage + Additional Fees − Credits.
Example calculation
For a $350,000 home, 3% estimated closing costs, $800 additional fees, and $1,000 credits, estimated closing costs are $10,300.
What the result means
Closing costs can include lender fees, appraisal fees, title services, prepaid taxes, insurance, and other transaction costs. Actual costs vary by lender, location, loan type, and contract terms.
Frequently asked questions
Are closing costs the same as down payment?
No. Closing costs are separate from the down payment.
Who pays closing costs?
Buyers often pay closing costs, but sellers may pay some costs depending on the contract or local rules.
Is this exact?
No. Use your Loan Estimate or Closing Disclosure for official numbers.