Loan Tax CalculatorClosing Costs Calculator
Estimate all closing costs for your home purchase including lender fees, settlement charges, title insurance, and prepaid expenses.
Estimated closing costs
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- Typical low (2%)
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- Typical high (5%)
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- Share of loan
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Closing costs typically run 2–5% of the loan amount. Breakdown uses common averages: ~35% lender fees, ~30% title, ~15% appraisal/inspection, ~20% recording and transfer taxes.
Results are planning estimates based on the formula shown below. They are not a quote, a loan approval, or tax advice.
Worked example
- Home Price
- $400,000
- Loan Amount
- $320,000
- Estimated Closing Costs
- 3% of loan = $9,600
- Appraisal
- $500
- Title Insurance
- $800
- Recording
- $150
- Prepaid Interest
- $312
How it works
Sum of: Lender Fees (origination, application, processing, credit report) + Settlement Fees (title insurance, appraisal, survey, attorney) + Third-party Fees (inspection, HOA, recording) + Prepaid Expenses (taxes, insurance, prepaid interest, HOA) + Government Fees (transfer tax, recording). Typical total = 2-5% of loan amount.