What is this? Closing costs are the fees and charges paid when you close on a mortgage — typically 2-5% of the loan amount. They include lender fees, title insurance, appraisal, escrow, and government recording fees. Most buyers are surprised by the total.
What's negotiable: Lender origination fees, title insurance rates, and some escrow fees can be negotiated. Ask the seller to cover some closing costs as part of your offer — especially in a buyer's market.
Who it's for: Home buyers and refinance borrowers budgeting for closing day.
Loan Details
Cost Estimate
Loan Amount
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Total Closing Costs
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Cash Needed at Close
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As % of Loan
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Lender Fees
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Third-Party Fees
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Estimates only. Actual closing costs vary by lender, state, and negotiate. Get a Loan Estimate from your lender for exact figures.