Closing Costs Calculator 2026
Estimate every closing cost line-item for your home purchase. Know exactly what to budget before you get to the closing table.
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$11,400
Estimated Total Closing Costs
2.9% of purchase price
$3,200
Lender Fees
$3,100
Title & Escrow
$5,100
Prepaids
Lender Fees
Origination Fee (1%)$3,200
Underwriting / Processing$1,200
Appraisal$550
Credit Report$50
Title & Escrow
Title Insurance (lender)$700
Title Insurance (owner)$1,100
Escrow / Settlement Fee$900
Recording Fees$250
Transfer Tax (est.)$800
Prepaids & Reserves
Prepaid Interest$1,867
Homeowners Insurance (1st yr)$1,400
Escrow Reserves (3 mo tax+ins)$1,833
Total Closing Costs$11,400
What Are Closing Costs?
Closing costs are fees paid at settlement when you purchase a home. They cover the services required to complete the mortgage and transfer ownership: lender charges, title search and insurance, escrow services, government recording fees, and upfront insurance and interest payments.
Typical Ranges by Category
- Lender fees: 0.5%–1.5% of loan amount — origination, underwriting, processing
- Title & escrow: $1,500–$4,000 — varies by state and purchase price
- Prepaids: $3,000–$6,000 — first-year homeowners insurance, prepaid interest, escrow reserves
- Transfer taxes: 0%–2%+ of price — varies dramatically by state/county
How to Reduce Closing Costs
Shop for title insurance (you can choose your own in most states). Negotiate seller concessions. Compare at least 3 lenders using Loan Estimates. Ask about lender credits (accepting a slightly higher rate in exchange for lender covering some costs).