Closing Close Calculator

Display currencyFormatting only. This does not change the calculation.

Whose costs

Sale price

Down payment (%)

Loan amount (if not price minus down payment) Leave at 0 to derive the loan from the price and the down payment.

Loan origination / discount points (%)A percentage of the loan amount.

Flat lender fees Underwriting, processing and application fees quoted as fixed amounts.

Appraisal fee

Credit report and verification fees

Title insurance premium rate (%)A percentage of the sale price, from your title company or your state rate manual. Rates are filed per jurisdiction and are not built in.

Title, settlement and escrow services

Recording / land registration fees The registry charge for recording the deed and mortgage, from your county or land registry schedule.

Survey and inspection fees

Transfer / stamp duty paid by the buyer (%)A percentage of the sale price. Who pays and at what rate is set by state or local law.

Mortgage interest rate (%)Used only for the per-diem prepaid interest collected at closing.

Days of prepaid interest

Annual property tax

Months of property tax escrowed

Annual home insurance

Months of insurance prepaid

HOA transfer and document fees

Other buyer costs

Real estate commission (%)Total commission as a percentage of the sale price, as negotiated in the listing agreement.

Transfer / stamp duty paid by the seller (%)

Seller title, settlement and attorney fees

Seller credits to the buyer Money the seller contributes toward the buyer's costs. It is a seller cost and a buyer credit.

Home warranty and repairs

Other seller costs

Mortgage payoff What the seller still owes, deducted from the proceeds at settlement.

Buyer cash to close

92,664.79

Closing Costs Calculator

Buyer closing costs

12,664.79

Seller closing costs

22,800.00

Seller net proceeds

377,200.00

Loan amount

320,000.00

Down payment

80,000.00

Origination charges

4,400.00

Title insurance premium

2,000.00

Transfer tax paid by the buyer

0.00

Transfer tax paid by the seller

1,600.00

Real estate commission

20,000.00

Prepaids and initial escrow

4,554.79

Prepaid interest

854.79

Buyer costs as a share of price

3.166 %

Seller costs as a share of price

5.700 %

Worked out from 12 CFR 1026.37 (Regulation Z) - Content of the Loan Estimate and 2 other sources.

Title insurance premiums, transfer and stamp duties and recording fees are set by jurisdiction; the rates above are the ones you entered, not a filed schedule.

An estimate built entirely from the rates you enter. Title premiums, transfer and stamp duties, recording fees and commission practice vary by state, county and contract; only the lender Loan Estimate and the settlement agent's Closing Disclosure are authoritative.

How this is worked out

6 steps

Loan amount = 400000 - 80000 down = 320000
Origination = points on the loan + flat lender fees = 4400
Title insurance = 0.5% x 400000 = 2000
Prepaids = 854.79 interest + 2200 tax escrow + 1500 insurance = 4554.79
Buyer closing costs = 12664.79; cash to close = 80000 + 12664.79 - 0 credit = 92664.79
Seller closing costs = 22800; net proceeds = 400000 - 22800 - 0 payoff = 377200

Itemised chargestable

label	amount	paidBy
Origination charges and points	4,400	buyer
Appraisal	600	buyer
Credit report and verifications	60	buyer
Title insurance premium	2,000	buyer
Title, settlement and escrow services	900	buyer
Recording / land registration fees	150	buyer
Prepaid interest	854.79	buyer
Property tax escrow	2,200	buyer
Prepaid home insurance	1,500	buyer

Results are general information, not financial, tax, legal, medical or engineering advice.