Closing Costs Calculator
Estimate your total closing costs for buying a home or refinancing your mortgage
Closing Costs Summary
Total Closing Costs
$8,900
% of Home Price
2.2%
Cost Breakdown by Category
Lender Fees
$2,900
Third-Party Services
$2,900
Government Fees
$950
Prepaid Items
$2,150
Total Closing Costs
$8,900
Closing Costs Distribution
Detailed Cost Breakdown
| Fee Type | Category | Amount |
|---|
Cash Needed at Closing
Down Payment
$80,000
Closing Costs
$8,900
Total Cash Needed
$88,900
% of Home Price
22.2%
Tips to Reduce Closing Costs
🛒 Shop Around
Compare loan estimates from multiple lenders. Fees can vary significantly between lenders.
💬 Negotiate Fees
Many lender fees are negotiable. Ask about waiving or reducing origination and processing fees.
🏠 Seller Credits
Negotiate for the seller to pay some closing costs, especially in a buyer's market.
📅 Time Your Closing
Close at the end of the month to reduce prepaid interest charges.
🔍 Review Carefully
Review your Closing Disclosure 3 days before closing and question any unexpected fees.
🏦 No-Closing-Cost Loans
Consider no-closing-cost loans if you plan to move or refinance within a few years.