Closing Costs Calculator
Total the closing costs from your Loan Estimate and see the cash you bring.
Result
Cash to close: $66,319.78Estimate
These are the figures you enter from your own Loan Estimate or Closing Disclosure. The site publishes no typical closing cost, because what is typical varies by state, lender and negotiation.
- Total closing costs (J)
- $10,319.78
- Total loan costs (D)
- $4,035.00
- Total other costs (I)
- $6,284.78
- Down payment
- $64,000.00
- Closing costs as a share of price
- 3.22%
https://calcgallery.com/home-buying/closing-costs-calculator/
Results are arithmetic from the figures you enter, not legal, tax, lending or settlement advice. Fees vary by state, lender and negotiation, and the site quotes none of them. Check your Loan Estimate, Closing Disclosure or settlement statement for the real numbers. Read the full disclaimer
How to use the Closing Costs Calculator
- Enter the purchase price and the loan amount.
- Copy the loan costs from sections A, B and C of your Loan Estimate or Closing Disclosure.
- Copy the other costs from sections E, F, G and H, then add your deposit and any credits.
The form decides the shape of this page
Closing costs are not one number, and the itemisation is not a matter of taste. 12 CFR 1026.38 requires every US Closing Disclosure to group them the same way:
A + B + C = D total loan costsE + F + G + H = I total other costsD + I = J total closing costsSections A to C are what the loan costs: origination charges, services you could not shop for, and services you could. Sections E to H are everything else: government fees, prepaids, the initial escrow deposit, and anything that fits nowhere else.
This page uses the same two halves, so each of your totals should match the form. If D and I agree and J does not, something is in the wrong group.
Cash to close is a different question
cash to close = down payment + J − deposits already paid − creditsThe fees are what the transaction costs. The cash to close is what you actually wire on the day, and the two differ by your down payment, your earnest money and any credit the seller or lender is giving you.
A large seller credit can make the cash to close much smaller without making the purchase any cheaper, because the credit is usually reflected somewhere in the price.
Why there is no estimate here
Plenty of calculators will tell you closing costs run two to five per cent of the price. That band is wide enough to be useless for checking an actual Loan Estimate, and it is not a figure this site can source, so it does not appear. Every number on this page is one you typed in from a document you were given.
With your numbers
- Total loan costs (D) = $4,035.00
- Total other costs (I) = $6,284.78
- Total closing costs (J) = $10,319.78
- Cash to close = $64,000.00 down + $10,319.78 − $5,000.00 deposit − $3,000.00 credits = $66,319.78
Quick reference
These are the figures you enter from your own Loan Estimate or Closing Disclosure. The site publishes no typical closing cost, because what is typical varies by state, lender and negotiation.
| Example | Cash to close |
|---|---|
| Worked example, 80% loan to value | $66,319.78 |
| No seller credit | $69,319.78 |
| Cash purchase, no loan costs | $321,284.78 |
| Larger down payment | $130,319.78 |
| Smaller purchase | €19,310.00 |
| Credits cover the costs | €57,319.78 |
Common questions about the Closing Costs Calculator
- Why is this laid out in lettered sections?
- Because the form you were given is. Federal rule 12 CFR 1026.38 fixes how closing costs are itemised on the Closing Disclosure, so keeping the same sections lets you check line by line rather than against a rough percentage.
- What is a typical amount for closing costs?
- This site does not say, and be wary of anyone who does. Costs vary by state, lender, loan type and what you negotiate. The figures here are yours, from your own paperwork.
- What is the difference between total closing costs and cash to close?
- Total closing costs is section J, the fees themselves. Cash to close adds your down payment and takes off what you have already paid and anything the seller or lender is crediting you.
- Where does the earnest money go?
- It is money you already handed over, so it reduces what you still owe at the table. Enter it and the cash to close falls by that amount.
- Should the down payment be in the cost rows?
- No. It is not a fee. Enter the price and the loan and the down payment is worked out as the difference, then added to the closing costs to give the cash you bring.