Closing Cost Calculator
Closing costs are the fees and prepaid items due when ownership transfers. They usually run 2–5% of the purchase price and are separate from the down payment.
Estimated closing costs
$15,700
About 2.9% of the purchase price.
- Lender & origination
- $4,400
- Title, escrow & settlement
- $3,850
- Transfer & recording taxes
- $2,750
- Prepaid escrow & interest
- $3,500
- Inspection & appraisal
- $1,200
- Down payment
- $110,000
- Total cash to close
- $125,700
What this means
On a $550,000 purchase, estimated closing costs total $15,700. With a 20.0% down payment, expect roughly $125,700 in cash at closing.
Fees vary widely by state and lender, and some are negotiable or can be credited by the seller. Your Loan Estimate and Closing Disclosure show the binding numbers; this is an estimate for planning.
How this calculation works
- Lender, title, and government fees are estimated as a percentage of the purchase price.
- Prepaid items — property tax and insurance escrow, plus prepaid interest — are added on top.
- Total cash to close combines the down payment with all estimated closing costs.
All results are estimates based on the assumptions you enter. RE View does not provide financial, tax, or lending advice.
Related calculators
Related guides
- What Are Closing Costs?
Every fee bundled into closing and which ones you can influence.
- How Much Money Do I Need to Buy a Home?
Cash to close, reserves, and the costs that arrive right after closing.