Closing Cost Calculator
Estimate cash needed to close on a home.
Enter your values
ⓘ Live results
Results
- Total cash to close
- $95,500.00
- Down payment
- $80,000.00
- Closing costs
- $12,000.00
- Prepaids and escrow
- $3,500.00
- Loan amount
- $320,000.00
Quick answer
Buyer closing costs typically run 2–5% of the purchase price on top of the down payment.
How to use the Closing Cost Calculator
- 1Enter the purchase price.
- 2Enter your down payment percentage.
- 3Adjust the closing cost rate for your state.
Worked example
Using the values the calculator loads with:
Inputs
- Purchase price400000 $
- Down payment20 %
- Closing cost rate3 %
- Prepaid taxes & insurance3500 $
Results
- Total cash to close$95,500.00
- Down payment$80,000.00
- Closing costs$12,000.00
- Prepaids and escrow$3,500.00
- Loan amount$320,000.00
Frequently asked questions
Can closing costs be rolled into the loan?
Sometimes, through lender credits at a slightly higher interest rate.
Who pays what?
Buyers pay lender and title fees; sellers usually pay agent commission.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.