ClosingCostCalc: Buyer Costs

Closing Cost Calculator helps U.S. home buyers see how much cash they will need at the closing table, before they make an offer or sign with a lender.

• Enter home price and down payment as a percentage or a dollar amount
• Add origination points, lender fees, appraisal, inspection, title, escrow and transfer taxes
• Fund escrow from your property tax rate, annual insurance cost and prepaid months
• Choose Conventional, FHA or VA to add the FHA up-front mortgage insurance or the VA funding fee, with the option to roll it into the loan
• Estimate borrower-side mortgage taxes for Florida, Georgia, Minnesota and Alabama, marked as estimates
• Subtract seller credits, lender credits and earnest money to see your cash to close
• Compare the cash-to-close checklist with your savings and gift funds to see your surplus or shortfall
• See a fee breakdown and closing costs as a percentage of the price
• Start from quick presets such as a condo purchase or a high-tax county
• Save, name and reload scenarios to compare offers or lenders
• Share a plain-text summary of your result

Official sources:
• HUD Mortgagee Letter 2023-05 (FHA mortgage insurance premiums): https://www.hud.gov/sites/dfiles/OCHCO/documents/2023-05hsgml.pdf
• HUD Single Family Housing Policy Handbook 4000.1: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
• U.S. VA, funding fee and closing costs: https://www.va.gov/housing-assistance/home-loans/funding-fee-and-closing-costs/
Not affiliated with or endorsed by any government agency.

Recent changes:
Performance improvements and bug fixes