Skip main navigation

Mortgages / Closing Cost Calculator

Closing Cost Calculator

Closing costs are the fees and expenses required to finalize a real estate transaction, whether you're buying or selling a home. Some fees are paid to your lender, and others to third parties, such as appraisers, inspectors, and title companies. Both buyers and sellers may be responsible for different portions of the closing costs. Use our calculator to estimate your closing costs. 

Your estimated closing cost is:$0

Closing costs would be 0% of your purchase price. Get a more accurate closing cost estimate by adjusting fees to fit your situation.

 

 

 

 

 

 

 

Buy your next home with a brand you can trust

Get one step closer to landing the home you want by getting pre-qualified with Zillow Home Loans.

NMLS #10287

Zillow Home Loans

Explore more mortgage calculators

What will your new home cost? Estimate your monthly mortgage payment with our easy-to-use mortgage calculator.

Use our VA home loan calculator to estimate payments for a VA loan for qualifying veterans, active military, and military families.

Your debt-to-income ratio helps determine if you would qualify for a mortgage. Use our DTI calculator to see if you're in the right range.

Interested in refinancing your existing mortgage? Use our refinance calculator to see if refinancing makes sense for you.


Participating lenders may pay Zillow Group Marketplace, Inc. ("ZGMI") a fee to receive consumer contact information, like yours. ZGMI does not recommend or endorse any lender. We display lenders based on their location, customer reviews, and other data supplied by users. For more information on our advertising practices, see our Terms of Use & Privacy. ZGMI is a licensed mortgage broker, NMLS #1303160. A list of state licenses and disclosures is available here.

How much are closing costs?

Closing costs typically range between 2% to 5% of the home’s purchase price for buyers. For example, on a $400,000 home, closing costs might range from $8,000 to $20,000. 

Seller closing costs are typically higher, and can reach 8% to 10% of the home’s sale price. Standard closing costs include the commission you’ve negotiated and agreed to with your agent to sell your home, plus an additional percentage of the sale (approximately 2% to 4%) in transfer taxes, property taxes, attorney fees, and other real estate fees.

The total closing cost amount can vary depending on several factors, such as:

  • Loan type: FHA, VA, or conventional loans may have different fees.
  • Location: Taxes and recording fees vary by state and/or county.
  • Home price: A higher-priced home typically results in higher closing costs.
  • Service providers: The cost of third-party servicers, such as appraisers and inspectors, can vary.
  • Paying for discount points in exchange for a lower interest rate.

Who pays closing costs, the buyer or the seller?

Both buyers and sellers may pay closing costs. Typically, buyers cover the majority of these fees, including lender fees and prepaid expenses like insurance and property taxes. Sellers pay their own real estate agent commissions and may contribute to the buyer portion of agent fees, as well as other seller contributions as negotiated.

Buyers are generally responsible for:

  • Loan origination fees
  • Appraisal fee
  • Home inspection fee
  • Title insurance (lender’s policy)
  • Attorney fees
  • Homeowner’s insurance and prepaid costs
  • Recording fees

Sellers usually cover:

  • Transfer taxes (in some states or localities)
  • Title insurance (owner’s policy)
  • Escrow fees (split with the buyer in some cases)
  • A portion of real estate brokerage fees (including commissions, which are negotiable between the parties and their respective agents).

Can closing costs be negotiated?

Yes, many closing costs are negotiable. You may be able to negotiate certain fees with your lender, such as origination fees, and shop around for services like title insurance or home appraisals. Additionally, sellers may agree to pay a portion of the buyer’s closing costs, known as “seller concessions,” which can help reduce your upfront expenses. However, some costs are non-negotiable, such as government fees, property taxes, and insurance premiums.

When do I pay closing costs?

Closing costs are typically paid at the end of the home-buying process, on the day you close on the property. In most cases, you’ll bring a cashier’s check or arrange a wire transfer to cover these costs at the closing table.

Are there specific closing costs for different type of loans (FHA, VA, Conventional)?

Yes, each loan type has unique closing costs. For example, FHA loans require an upfront mortgage insurance premium (MIP), while VA loans may include a funding fee. Conventional loans generally don’t have these fees, but costs can still vary depending on the lender. Learn more about mortgage-related closing costs.

Frequently asked questions about closing costs

Related Articles

What are closing costs?

What are common closing costs, and how much do they cost? Learn all about closing costs in our guide.

How to reduce closing costs?

Learn what fees you can negotiate and what to expect early in the process to help create fewer surprises at closing.

VA closing costs: what fees will you pay?

Considering a VA loan for your new home? Read about what closing costs you may pay, and how much they cost.

Current Mortgage Rates by State