Closing Cost Estimator
Closing costs are the fees that come due the day you buy, on top of your down payment. Slide the home price and down payment to see a low, typical, and high estimate of what you should set aside. Having this number ready keeps the final week from becoming a scramble.
How this math works
Closing costs usually land somewhere between 2 and 5 percent of the loan amount, so we apply that range to the loan you would take after the down payment. The figure covers lender fees, title work, the appraisal, and prepaid items like taxes and insurance held in escrow.
We show a low, typical, and high number because the spread depends heavily on your lender, state, and property. Budgeting toward the higher end leaves room for surprises, and any leftover cash simply stays in your pocket.
Common questions
What is included in closing costs?
They bundle lender origination fees, title insurance, the appraisal, recording fees, and prepaid taxes and insurance that go into escrow. The exact mix varies by lender and location.
Why show a range instead of one number?
Closing costs differ widely by state and lender, so a single figure would be misleading. The 2 to 5 percent range gives you a realistic low, typical, and high to plan against.
Can I roll closing costs into the loan?
Sometimes, depending on the loan type and lender. Doing so lowers the cash you need up front but raises your balance and total interest, so weigh it against paying at the table.
The Flourish Letter
One smart money idea each week, charts included. Join free and get the printable 2026 Money Calendar in your welcome email.