30-yr fixed 6.43% ▾ 0.06 wk
15-yr fixed 5.79% ▾ 0.04 wk
HELOC avg 7.90% — no change
Auto 60-mo new 6.82% ▴ +0.03 mo
Personal 24-mo 11.57% ▾ 0.12 qtr
Credit card APR 21.52% ▴ +0.09 qtr
as of Jul 2, 2026 · Federal Reserve / Freddie Mac via FRED (St. Louis Fed)
Mortgage Calculators

Home closing cost calculator

Estimate the closing costs a buyer pays on top of the down payment — lender fees, title, escrow and more — so there are no surprises at signing.

Inputs
$
$
%
$
$
$
$

Estimates only. Change any value to recalculate instantly.

Estimated closing costs $9,900 about 2.8% of the home price
Loan origination $2,800
Title & escrow $2,200
Prepaids $3,200
Total closing costs $9,900
Closing cost breakdown
Closing cost breakdown Origination: $2.8kTitle & escrow: $2.2kAppraisal/inspection: $900Prepaids: $3.2kOther: $800
  • Origination $2.8k
  • Title & escrow $2.2k
  • Appraisal/inspection $900
  • Prepaids $3.2k
  • Other $800

Closing costs typically run 2–5% of the price — here about 2.8%. Budget for them on top of your down payment, and remember some are negotiable or can be covered by seller concessions.

A worked example

Running this tool on current national benchmarks (Federal Reserve / Freddie Mac via FRED (St. Louis Fed)) — swap in your own numbers to see how the result moves.

Inputs
Home price
$350,000
Loan amount
$280,000
Loan origination
1%
Title & settlement fees
$2,200
Appraisal & inspection
$900
Prepaid taxes & insurance
$3,200
Other fees
$800
Estimated closing costs
$9,900

about 2.8% of the home price

  • Loan origination$2,800
  • Title & escrow$2,200
  • Prepaids$3,200

The math behind it

The calculator adds up the buyer's closing costs: loan origination (your origination percentage times the loan amount), plus title and settlement fees, appraisal and inspection, prepaid taxes and insurance, and any other fees you enter. The total is the cash you need at signing beyond your down payment, and it also expresses that total as a percentage of the home price.

Assumptions & limits

  • Only origination is computed from a percentage of the loan; every other line is a dollar figure you enter, so the accuracy depends on your estimates.
  • These are buyer-side costs. Seller concessions, which can cover part of them, are not netted out.
  • Prepaid taxes and insurance fund your escrow account and are not a fee to the lender — the calculator includes them as cash due at closing.
  • This estimates closing costs only; it does not include your down payment.
30-year fixed mortgage rate, 2019–2026
8.0%6.0%4.0%2.0% 2019202120232025 6.43%

Source: Freddie Mac PMMS via FRED. Annual averages; latest weekly reading shown.

Common questions

How much are closing costs, typically?

For buyers, they usually run 2% to 5% of the home price. The calculator shows your total as a percentage so you can sanity-check it against that range. Higher-cost states and loans with more points or lender fees push toward the top of the range.

Which closing costs can I negotiate or avoid?

Lender fees like origination are often negotiable, and you can shop separately for title and settlement services. You can also ask the seller for concessions to cover part of the costs. Third-party charges like appraisal and recording fees are largely fixed, but the lender-controlled ones have room to move.

Are prepaid taxes and insurance really a closing cost?

They are cash you must bring to closing, but unlike fees, they are your own money funding an escrow account to cover future tax and insurance bills. They are not lost to a third party, yet you still need them on hand at signing, which is why the calculator counts them.

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