Closing Cost Calculator

This calculator adds up what a buyer pays at closing line by line, rather than guessing the whole thing from a rule of thumb. Enter the price and down payment, then fill in the origination fee, discount points, title and settlement charges, transfer tax and the property tax and insurance paid in advance, and it returns the total and the cash you need at the table. A quick mode covers the stage before you have real figures, where you supply a percentage of the price yourself. Buyer closing costs are commonly quoted at 2 to 5 percent of the price, but they swing by state, lender and loan type, so the Loan Estimate your lender issues is the number that actually counts.