Closing Cost Calculator

About this calculator

Closing costs are the fees paid when a home purchase is finalized, on top of the down payment — typically including loan origination fees, appraisal and inspection fees, title search and title insurance, recording fees, and prepaid items like homeowners insurance and property tax escrow. In the US they commonly run somewhere in the range of 2% to 5% of the home price, though the exact mix and amount varies by lender, location, and loan type.

Because closing costs are cash due at signing on top of the down payment, buyers are often surprised by how much cash they actually need on closing day. This calculator takes the home price, down payment percentage, and an estimated closing cost rate to show the down payment, the estimated closing costs, and the total cash needed at closing — helping buyers budget for the full upfront cost of a purchase, not just the down payment.