Closing Cost Calculator

What the lender charges to process and underwrite your loan, usually 0.5%–1% of the loan amount. Because it's set by the lender, you can't shop it separately — but you can compare it across lenders when choosing one.

Covers verifying your income, assets, and credit and preparing your file for approval. Some lenders fold this into the origination charge instead of listing it separately.

The cost of pulling your credit history from the credit bureaus. A small, fixed fee set by the lender's provider.

Protects the lender's interest in the property against hidden title problems — unpaid liens, forgery, or errors in public records. Required on almost every mortgage and paid by the buyer. In promulgated-rate states (Texas, Florida, New Mexico) the price is set by regulators; elsewhere you can compare providers.

A one-time policy that protects your ownership against hidden title problems — unpaid liens, forgery, or errors in public records. Rates vary between title companies in your state, so you can compare providers.

Paid to the title company, escrow agent, or attorney who manages the closing — handling documents, funds, and recording. You can often shop for this provider.

An independent estimate of the home's value, required by the lender to confirm the price. Federal rules require the lender to order it through an appraisal management company, so you can't choose the appraiser yourself.

A check of federal flood maps to determine whether the property sits in a flood zone and requires flood insurance. A small, fixed fee.

A one-time tax charged by the state, county, or city when the property changes hands. Rates vary widely — some states charge none, others add county or city amounts on top. Who customarily pays (buyer or seller) also varies by state and is negotiable. Local add-ons aren't included in this estimate.

An initial deposit the lender collects to seed your escrow account for upcoming property tax bills. The amount depends heavily on when you close relative to your county's tax due dates — it can range from a couple of months to nearly a year. This estimate assumes about 6 months.

Paid to the county to officially record the deed and mortgage in public records. Set by the county and non-negotiable.

Interest that covers the days between your closing date and your first monthly payment. The exact amount depends on which day of the month you close — closing later in the month means less.

Lenders require the first year of homeowners insurance to be paid at closing. This is money you'd owe anyway — it's just collected up front. The benchmark shown is a national average; your actual premium depends heavily on location and the home.

An initial deposit the lender collects toward next year's insurance bills, on top of the first-year premium. Typically a couple of months' worth.