Why Use This Closing Costs Calculator
Closing costs can be a significant expense when buying or refinancing a home. This closing costs calculator helps you:
- 💰 Estimate Total Costs — see the full picture of what you’ll pay at closing.
- 📊 Understand the Breakdown — see each cost component individually.
- 📈 See Percentage of Loan — understand closing costs as a percentage of your mortgage.
- 🔁 Compare Scenarios — adjust costs to see how they affect your total.
- 📜 Track Your History — save, review, and export past calculations.
- 🔒 100% Private — all calculations run locally.
How Closing Costs Are Calculated
Total Closing Costs = Sum of All Individual Closing Cost Components
Percentage of Loan Amount = (Total Closing Costs ÷ Loan Amount) × 100
How to Use This Closing Cost Estimator
- Select your account currency from the picker in the site header.
- Enter your loan amount.
- Enter each closing cost component:
- Loan Origination Fee
- Appraisal Fee
- Title Insurance
- Escrow / Settlement Fees
- Recording & Transfer Fees
- Inspection Fees
- Survey Fee
- Prepaid Interest
- Homeowner’s Insurance (first year)
- Property Tax Escrow
- Other Closing Costs
- View your results instantly — see your total closing costs, percentage of loan, and detailed breakdown.
Frequently Asked Questions
What are closing costs?
Closing costs are fees and expenses paid at the closing of a real estate transaction. They include lender fees, third-party fees, and prepaid items like insurance and taxes.
How much are closing costs typically?
Closing costs typically range from 2% to 5% of the loan amount. This calculator helps you get a more precise estimate based on your specific costs.
Who pays closing costs?
Closing costs are typically paid by the buyer, though sellers may contribute to some costs. The buyer and seller can negotiate who pays which fees.
Can I roll closing costs into my mortgage?
Some closing costs can be financed into the loan amount, but this increases your loan balance and total interest. Not all costs can be rolled in.
Is my data stored anywhere?
No. All calculations run locally in your browser. History and presets are saved in your browser’s localStorage — nothing is sent to a server.