Closing Cost Calculator 2026: Estimate Your Fees
Calculate your estimated closing costs (2-5% of home price). See breakdown of lender fees, title insurance, taxes, and more.
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Down payment: $80,000
Estimated Closing Costs
Total Closing Costs
$12,490
3.1% of home price
Cost Breakdown
💰 Want to Lower Your Closing Costs?
Compare lenders to find the lowest fees. Some offer credits that reduce closing costs.
Compare Lender Fees →What Are Closing Costs?
Closing costs are fees and expenses you pay when finalizing your mortgage, beyond the down payment. They typically range from 2% to 5% of the home's purchase price and are due at closing.
Closing Cost Breakdown (2026)
| Fee Type | Typical Cost | Negotiable? |
|---|---|---|
| Loan Origination Fee | 0.5% - 1% of loan | ✅ Yes |
| Appraisal Fee | $300 - $700 | ❌ No |
| Credit Report | $25 - $50 | ❌ No |
| Title Insurance | $1,000 - $4,000 | ✅ Shop around |
| Title Search | $200 - $400 | ⚠️ Sometimes |
| Attorney Fees | $500 - $1,500 | ✅ Yes |
| Recording Fees | $50 - $250 | ❌ No (govt) |
| Transfer Taxes | Varies by state | ❌ No (govt) |
| Prepaid Interest | Varies | ⚠️ Timing |
| Homeowners Insurance | $1,000 - $3,000/yr | ✅ Shop around |
| Property Taxes (Escrow) | 2-6 months prepaid | ❌ No |
5 Ways to Reduce Closing Costs
- Compare Loan Estimates: Get quotes from 3+ lenders and compare fees
- Negotiate lender fees: Ask to waive or reduce origination, underwriting fees
- Shop for title insurance: You can choose your own title company
- Ask for seller concessions: Sellers can pay 3-6% of closing costs
- Close at end of month: Reduces prepaid interest charges
Closing Costs by State (2026 Averages)
Highest Closing Costs
- New York: ~$16,849
- Delaware: ~$14,530
- Maryland: ~$14,124
- Pennsylvania: ~$13,476
- Florida: ~$13,090
Lowest Closing Costs
- Missouri: ~$2,061
- Indiana: ~$2,200
- Nebraska: ~$2,400
- Iowa: ~$2,500
- Kentucky: ~$2,700
Frequently Asked Questions
How much are closing costs on a house?
Closing costs typically range from 2% to 5% of the home's purchase price. On a $400,000 home, expect $8,000 to $20,000 in closing costs.
Can I roll closing costs into my mortgage?
Yes, some lenders offer "no-closing-cost" mortgages where fees are rolled into the loan balance or offset by a higher interest rate. This increases your total cost over time but reduces upfront cash needed.
Who pays closing costs, buyer or seller?
Both pay closing costs. Buyers typically pay 2-5% (lender fees, title insurance, prepaid items). Sellers pay 6-10% (agent commissions, transfer taxes). Sellers can also contribute to buyer's costs.