Inputs

Property Information

$

Total purchase price of the property

$

Amount paid upfront, affects loan amount

%

Annual property tax rate as percentage

$

Annual home insurance premium

Results

Buyer Closing Costs

$10,754.79

2.7% of purchase price

Cash Needed at Closing

$90,754.79

Down payment + closing costs

Cost Breakdown

Loan Related Costs$4,550.00
Title & Escrow$2,150.00
Government Fees$500.00
Prepaids & Escrows$1,854.79
Third Party Costs$1,700.00

Estimated Costs Only

Actual closing costs may vary based on location, lender, and specific transaction details. Always get a good faith estimate from your lender.

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Guide

How to Use This Calculator

  1. Select calculation type (buyer or seller costs)
  2. Enter the purchase price of the property
  3. Input down payment amount and loan details
  4. Review the detailed cost breakdown

Typical Buyer Closing Costs

  • • Loan origination fee (0.5-1% of loan amount)
  • • Title insurance and escrow fees
  • • Government recording fees and transfer taxes
  • • Prepaid property taxes and insurance
  • • Home inspection and appraisal fees

Typical Seller Closing Costs

  • • Real estate agent commission (5-6% typical)
  • • Title insurance for buyer
  • • Attorney or closing agent fees
  • • Transfer taxes and recording fees
  • • Any agreed seller concessions

Money-Saving Tips

  • • Compare quotes from multiple lenders for best rates
  • • Negotiate seller concessions to cover some buyer costs
  • • Shop around for title insurance and home insurance
  • • Schedule closing at month-end to reduce prepaid interest