Closing Cost Calculator

Estimate closing costs and the total cash you need to buy a home.

Estimated closing costs

$12,000

Cash needed to close: $92,000
Lender fees (~1% of loan): $3,200
Title & escrow (~0.5%): $2,000
Prepaids, taxes & other: $6,800

Estimated closing costs$12,000

Results are estimates for planning and are not financial advice.

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Quick answer

On a $400,000 home at 3%, closing costs are about $12,000, so with $80,000 down you'd need about $92,000 in cash to close.

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.

Formula

Closing costs = price × closing %; cash to close = closing costs + down payment

Assumptions & limitations

Results are rounded for display.

Frequently asked questions

Can the seller pay closing costs?

Often, yes — seller concessions are negotiable and common in slower markets.