Closing Cost Estimator — The 2–5% Nobody Budgets

On a $400,000 home, closing costs run $8,000–$20,000 on top of the down payment. See the typical line items and your estimated total.

Quick answer: Free closing cost estimator: loan price in, estimated buyer closing costs out — origination, title, appraisal, escrow, points — with the typical 2–5% range explained.

Low estimate (2%)
High estimate (5%)
Loan origination (0.5–1%)
Appraisal + credit + flood≈ $700
Title search + insurance (~0.7%)
Escrow prepaids (tax+insurance)
Recording/transfer/misc≈ $800

How to use

  1. Open this page on any device — no signup needed.
  2. Fill in the fields above.
  3. Get your result instantly — nothing is uploaded.

About this tool

US buyer closing costs average 2–5% of the loan: loan origination (0.5–1%), appraisal ($500–800), title insurance + search (~0.5–1%), escrow prepaids (insurance + tax deposits), recording fees and optional points. This estimator gives the range on your price and itemizes typical amounts so you can compare Loan Estimates line by line.

FAQ

Can I reduce closing costs?
Yes — shop title insurance (legal in most states), negotiate seller concessions, and compare at least 3 Loan Estimates; lender fees vary widely.
Are closing costs tax-deductible?
Mostly no for buyers — though prepaid mortgage interest (points) often is. Ask a CPA for your case.

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