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Closing Cost Calculator

Get a quick, itemized estimate of the closing costs typically due when you finalize a US home purchase — from lender fees to title insurance to prepaid escrow.

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Use your expected mortgage amount (home price minus down payment). Most closing cost line items scale with the loan amount.

Estimated total closing costs$6,180 – $14,5002.06% – 4.83% of loan amount

Itemized estimate

Itemized closing cost estimate by line item
ItemEstimated range
Loan origination feeLender's fee for processing and underwriting the loan.$1,500 – $3,000
Appraisal feeIndependent valuation of the property required by the lender.$350 – $650
Credit report feeCost to pull tri-merge credit reports for underwriting.$30 – $100
Title search & insuranceConfirms clear ownership and protects lender/owner against title defects.$1,500 – $3,000
Recording feesLocal government fee to record the new deed and mortgage.$100 – $250
Attorney / settlement feeClosing agent or attorney fee to conduct settlement (varies heavily by state).$400 – $1,000
Prepaid interest & escrowUpfront interest, and initial deposit into the property tax/insurance escrow account.$1,500 – $4,500
Homeowners insurance (first year)First year's premium, often collected at closing.$800 – $2,000

How this calculator works

Closing costs are the collection of fees and prepaid items due when you finalize your mortgage, separate from your down payment. Rather than a single number, they're a sum of many line items — some priced as apercentage of your loan amount (like origination fees and title insurance), and others asflat fees that don't scale with loan size (like the appraisal or credit report fee). This calculator sums each item's typical low-high range across the whole set:

Total closing costs = Σ (percentage items × loan amount) + Σ (flat-fee items)

The result is presented as a range rather than a single figure, because the true cost of each item genuinely varies — by state, by lender, and by which title/settlement company you use.

Worked example

For a $300,000 loan amount, this calculator's default line items sum to an estimated$6,180 at the low end and $14,500 at the high end — or roughly2.06% to 4.83% of the loan amount, squarely inside the commonly cited 2%-5% national range. The single largest variable items are typically prepaid interest & escrow, title search & insurance, and the loan origination fee, since all three are priced as a percentage of the loan and therefore scale directly with how much you borrow.

What affects your result

  • Loan amount — the biggest driver, since several of the largest fees are priced as a percentage of your loan.
  • State and county — title insurance rates, transfer taxes, and recording fees are all set locally and vary widely.
  • Lender and title company — origination fees and settlement/attorney fees vary by provider; it pays to compare Loan Estimates.
  • Time of year and escrow setup — prepaid interest and the initial escrow deposit depend on your closing date and how much cushion your escrow account requires.

A note on accuracy

This is a national planning estimate only, built from typical cost ranges cited in CFPB consumer guidance and Fannie Mae/Freddie Mac homebuyer education materials. It is not a quote and does not reflect your specific state, lender, or title company. Once you're under contract, your lender is legally required to provide an itemized Loan Estimate and, later, a Closing Disclosure with your actual costs — always rely on those official documents for your real numbers. See theConsumer Financial Protection Bureaufor more on reading your Closing Disclosure.

Frequently asked questions

How much are closing costs?

Closing costs on a typical US home purchase run about 2%-5% of the loan amount, according to CFPB consumer guidance. That range covers lender fees (origination, underwriting), third-party fees (appraisal, credit report, title search and insurance), government recording fees, and prepaid items like escrow deposits and the first year of homeowners insurance. Use the calculator above with your expected loan amount to see an itemized estimate.

What are closing costs on a $300,000 house?

Using a $300,000 loan amount and typical national ranges, closing costs are commonly estimated at roughly $6,000-$14,500 (about 2%-5% of the loan amount). This is a national planning estimate only — your actual costs depend heavily on your state, lender, and title company, so treat it as a starting budget rather than a quote.

Is this a buyer closing costs calculator?

Yes — this estimator covers the closing costs typically paid by the buyer/borrower: lender fees, appraisal, credit report, title insurance, recording fees, settlement/attorney fees, and prepaid escrow items. It doesn't include costs that are sometimes paid by the seller (like real estate agent commissions), which are negotiated separately and vary by local market and contract.

Can I negotiate or reduce my closing costs?

Some items are negotiable. You can shop for your own title insurance and settlement agent in most states, compare lender origination fees across multiple Loan Estimates, and in some cases ask the seller to contribute toward closing costs as part of your purchase offer. Recording fees and most government charges, however, are fixed by your local jurisdiction.

Why do my actual closing costs look different from this estimate?

Because real costs are set locally, not nationally. Title insurance premiums, attorney/settlement fees, and transfer or recording charges vary significantly by state and even by county. Your official Loan Estimate and Closing Disclosure, provided by your lender, will show your actual, itemized costs — always compare those documents rather than relying solely on a general planning estimate like this one.

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