How to calculate closing costs
Closing costs = price × closing %; cash to close = closing costs + down payment
Worked example. Estimated closing costs: $12,000.
Example inputs — Home price: $400,000; Down payment: $80,000; Closing costs (% of price): 3. Starting values are illustrative.
From George Guju, founder of Calculyn · Educational calculator guidance, not professional advice.
How it works
Buyers typically pay 2–5% of the purchase price in closing costs: lender fees, title insurance, escrow, appraisal, recording fees and prepaid taxes and insurance.
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Assumptions & limitations
- Results are rounded for display.
Formula and assumptions reviewed October 2026 by the Calculyn team. How we build our calculators
Frequently asked questions
Can the seller pay closing costs?
Often, yes — seller concessions are negotiable and common in slower markets.