Closing Costs Calculator

Prepare for the hidden costs of home buying with our (free) Closing Costs Calculator. This should give you a rough estimate of the closing costs you might expect to pay, aiding in budgeting and ensuring no surprise expenses at closing.

Closing costs are an often overlooked but crucial part of buying a home. These are expenses, over and above the property price, that buyers and sellers typically incur to complete a real estate transaction. They can include a variety of fees such as origination fees, appraisal fees, title insurance, escrow costs, and more. Our Closing Costs Calculator takes these fees into account, providing users with an estimate based on the home price. It’s a useful tool for prospective home buyers, helping them understand and prepare for these additional costs.

Some notes on our Closing Costs Calculator—the calculator provides a handy estimate, it’s essential to recognize its limitations. Closing costs can vary significantly depending on the location, lender, type of loan, and even the property itself. Our calculator provides an average range (typically 2% to 5% of the purchase price) but your actual costs may be lower or higher. Additionally, this tool doesn’t account for any closing costs that the seller has agreed to pay, which could potentially lower your costs. As such, while this tool offers a good starting point, it’s important to obtain a more precise estimate from your lender or a real estate professional for more accurate budgeting.

How To Use Our Closing Costs Calculator


Enter the Home Price

The first step is to input the price of the home you plan to buy. This is typically agreed upon between the buyer and the seller or is the listed price of the property.


Click "Calculate"

Once you've entered the home price, click on the 'Calculate' button. Our calculator then uses an average estimate that closing costs are typically 2% to 5% of the home purchase price.


Review Estimated Closing Costs

After hitting the 'Calculate' button, the tool will display a range estimating your potential closing costs. Use this information to plan for these costs as you budget for your home purchase. Remember, these are just estimates, and your actual closing costs may be different. For a more accurate estimate, consult with your lender or a real estate professional.


Let's See What Closing Costs To Expect