Your Loan Details
Property & Loan
$
$
6.20%
Your Situation
First-time homebuyer
May qualify for reduced fees in some states
Seller paying concessions
Seller agrees to cover some buyer closing costs
Rolling costs into loan
Finance closing costs vs. paying cash at closing
HOA community
Add HOA transfer and setup fees
Your Closing Cost Estimate
Estimated total closing costs
$—
Typical range: $— – $—
—% of purchase price
Total Cash to Close
$—
down payment + closing costs
Potential Savings
$—
if you negotiate key fees
Lender fees
$—
Origination fee Lender's charge for processing the loan
Negotiate
$—
Discount points Optional — buy down your interest rate
Optional
$0
Appraisal fee Professional home valuation
Fixed
$—
Credit report fee Lender pulls your credit history
Fixed
$—
Rate lock fee Locks your interest rate during underwriting
Varies
$—
Title & escrow fees
$—
Title search Verifies clean ownership history
Shop around
$—
Lender's title insurance Required by your lender
Required
$—
Owner's title insurance Protects you — highly recommended
Optional
$—
Escrow / settlement fee Third-party closing agent fee
Shop around
$—
Attorney fee Required in some states
State-dependent
$—
Government & tax fees
$—
Recording fee County charges to record the deed
Fixed
$—
Transfer tax State/county tax on property transfer
By state
$—
Property tax prepaid 2–3 months upfront into escrow
Required
$—
Homeowners insurance prepaid First year paid at closing
Required
$—
Inspection & other fees
$—
Home inspection Strongly recommended — paid before closing
Shop around
$—
Survey fee Verifies property boundaries
Sometimes required
$—
✓ Key fees you can negotiate or shop around
Origination fee — ask for a lender credit in exchange for a slightly higher rate, or compare 3+ lenders
Title & escrow — you can choose your own title company in most states; prices vary by 20–40%
Home inspection — shop multiple inspectors; quality varies less than price
Seller concessions — in a buyer's market, ask the seller to cover 2–3% of closing costs
Discount points — skip them unless you plan to stay 7+ years; the break-even rarely makes sense
⚡ Pro tip: Get a Loan Estimate within 3 days
Federal law requires lenders to provide a Loan Estimate within 3 business days of your application. Compare LE documents from at least 3 lenders — the same loan can vary by $3,000–$8,000 in fees.
Closing cost estimates are based on national averages and vary significantly by location, lender, loan type, and transaction specifics. This calculator is for educational purposes only. Request a Loan Estimate from your lender for precise figures. Consult a HUD-approved housing counselor for personalized guidance.
Compare lenders — save thousands at closing
Getting quotes from 3+ lenders on the same day can save you $3,000–$8,000 in fees.
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