Closing Cost Estimator 2026
Estimate your total cash to close, helping you budget for the hidden fees of buying a home.
Enter Purchase Details
Percent: 20%
Estimated Closing Costs
Total Cash to Close
$0
Down Payment + Closing Costs
Closing Cost Range
$0 - $0
typically 2% - 5% of loan amount
Total
$0
| Item | Estimated Cost |
|---|---|
| Total Estimated Closing Costs | $0 |
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Guide to Closing Costs
What are Closing Costs?
Closing costs are the fees and expenses you pay to finalize your real estate transaction. They typically range from 2% to 5% of your loan amount. These costs include:
- Origination Fees: Charged by the lender for processing your loan (usually 0.5% - 1%).
- Appraisal Fee: Pays for a professional to estimate the home's value ($300 - $500).
- Title Search & Insurance: Protects against ownership disputes ($500 - $1,000+).
- Prepaid Items: Upfront payments for property taxes, homeowner's insurance, and HOA fees into an escrow account.
Can I Roll Closing Costs into the Loan?
Generally, for a home purchase, you cannot roll closing costs into the loan amount; you must pay them out of pocket at closing. However, sellers may sometimes offer "seller concessions" to cover some of these costs.
For a refinance, lenders often allow you to roll closing costs into the new loan balance, which reduces your upfront cash requirement but increases your monthly payment and total interest paid.
How to Lower Your Closing Costs
- Shop Around: Compare Loan Estimates from multiple lenders. Look closely at "Section A" (Origination Charges) and "Section C" (Services You Can Shop For).
- Negotiate: Ask the seller to pay a portion of closing costs as part of your offer.
- Close End of Month: Closing near the end of the month reduces the amount of prepaid interest you owe at the closing table.
Frequently Asked Questions
Do buyers or sellers pay closing costs?
Both parties pay closing costs, but they pay for different things. Buyers typically pay for the loan origination, appraisal, and their portion of title insurance. Sellers usually pay real estate agent commissions and transfer taxes. However, in negotiation, a buyer can ask a seller to cover some buyer costs.
How much are closing costs on a $400k house?
If you put 20% down ($80k), your loan amount is $320k. Closing costs (2-5% of loan) would typically range from $6,400 to $16,000. This is in addition to your $80k down payment.