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Home Purchase Planning Tool

Mortgage Closing Cost Calculator

Estimate lender fees, title charges, prepaid expenses, taxes, credits and the total amount of cash you may need when closing on a home.

Enter Your Purchase Details

Adjust the estimated fees to match your lender and location.

Property and Loan

Basic information about the home purchase.

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Lender Fees

Fees commonly charged for processing the mortgage.

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Property and Title Fees

Third-party services related to the home and ownership transfer.

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Prepaid and Escrow Costs

Upfront insurance, property tax and interest estimates.

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Credits and Deposits

Amounts that may reduce your remaining cash at closing.

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What Is a Mortgage Closing Cost Calculator?

A Mortgage Closing Cost Calculator estimates the fees and prepaid expenses you may pay when completing a home purchase. Closing costs are separate from the home's purchase price and can include lender charges, appraisal costs, title services, taxes, insurance and government recording fees.

This calculator also estimates your cash to close by combining closing costs with your down payment and subtracting applicable seller credits, lender credits and earnest money already paid.

Lender Charges

Estimate origination, underwriting, processing, application and credit report fees.

Title and Property Costs

Include appraisal, inspection, title insurance, escrow, survey and recording charges.

Cash to Close

See how the down payment, prepaid expenses, credits and deposits affect the amount due.

How to Use the Mortgage Closing Cost Calculator

Enter the home purchase price

Add the agreed purchase price and your expected down payment percentage or dollar amount.

Review lender fees

Enter the origination percentage, discount points and fixed fees provided in your loan estimate.

Add title and third-party charges

Include estimated appraisal, inspection, title, attorney, escrow, survey and recording fees.

Enter prepaid expenses

Add property taxes, homeowners insurance, prepaid interest and any association charges.

Subtract credits and deposits

Enter seller credits, lender credits and earnest money already paid to estimate the remaining cash needed.

Common Mortgage Closing Costs

Closing cost What it covers How it is usually calculated
Loan origination fee Lender's cost for creating and processing the mortgage A percentage of the loan amount
Discount points Optional upfront payment used to obtain a lower interest rate A percentage of the loan amount
Appraisal fee Professional assessment of the property's market value Usually a fixed fee
Title insurance Protection against certain ownership or title-related claims Varies by loan value, property value and location
Recording fees Government charges for recording the deed and mortgage Varies by county or local authority
Prepaid expenses Property taxes, insurance and interest collected before closing Based on annual costs and the closing date

Closing Costs vs. Cash to Close

Closing costs

Closing costs are the fees and prepaid expenses associated with obtaining the mortgage and transferring ownership of the property. They do not normally include the complete down payment.

Cash to close

Cash to close is the estimated total amount you must provide at settlement. It can include the down payment, closing costs and prepaid expenses, minus earnest money, seller credits and lender credits.

Your final cash-to-close figure should be confirmed on the Closing Disclosure provided before settlement.

Ways to Prepare for Mortgage Closing Costs

Review your loan estimate carefully and compare the lender's charges with the figures entered in this calculator. Ask which fees are fixed, which may change and which services you are permitted to shop for.

Keep additional funds available for adjustments that depend on the closing date, including prepaid interest, tax prorations, insurance reserves and association fees. Avoid making major financial changes before closing unless they have been discussed with your lender.

Frequently Asked Questions

Mortgage closing costs are the lender, title, government, insurance and third-party charges associated with completing a home purchase and mortgage transaction.
The down payment is generally separate from closing costs. However, both may be included when determining your total estimated cash needed to close.
Seller credits may be applied toward eligible closing costs, subject to the purchase agreement, mortgage program and lender limits.
Discount points are optional upfront charges paid to a lender, often in exchange for a lower mortgage interest rate. One point generally represents one percent of the loan amount.
Final costs depend on the lender, loan program, property location, closing date, insurance premium, tax adjustments, selected title provider and negotiated credits.
Review the Loan Estimate supplied during the mortgage application and the final Closing Disclosure supplied before the scheduled settlement.

Important Disclaimer

This Mortgage Closing Cost Calculator is provided for general educational and planning purposes only. It does not provide a loan quote, financial advice, legal advice or a guarantee of final costs. Consult your lender, real estate professional, closing agent or qualified adviser for transaction-specific information.