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Home purchase closing cost calculator

Estimate cash to close from down payment, lender charges, title and settlement fees, prepaid taxes, insurance, and other entered costs.

  • USD inputs · transparent calculation assumptions
  • Instant updates as inputs change
  • Data is calculated in this browser only
USD inputs · transparent calculation assumptions
Your scenario
Updates as you type
Estimated cash to close$90,600.00
Down payment
$80,000.00
Estimated closing costs
$10,600.00
Discount points
$0.00
Origination fee
$3,200.00
Title and settlement fees
$2,500.00
Appraisal and inspection
$1,000.00
Prepaid tax and insurance estimate
$3,400.00
Closing costs / purchase price
2.65%
Calculation notes

Understand the Home purchase closing cost calculator

The Home Purchase Closing Cost Calculator validates every input, normalizes monthly and annual amounts, and calculates down payment, lender charges, title fees, prepaid taxes, insurance, and cash to close from one consistent scenario.

Formula and logic

How does the Home Purchase Closing Cost Calculator calculate down payment, lender charges, title fees, prepaid taxes, insurance, and cash to close?

Cash to close = price × down-payment fraction + loan × (points + origination percentage) + title/settlement + appraisal/inspection + prepaid taxes/insurance + other fees. The model reserves six months of property tax: price × annual tax rate / 2, plus the entered annual insurance premium.

Worked example

What does a worked Home Purchase Closing Cost Calculator example show?

At a $400,000 price and 20% down, the down payment is $80,000. On a $320,000 loan, one point is $3,200. If all closing costs sum to $12,000, modeled cash to close is $92,000, before earnest-money credit or seller credits.

How to read the result

How should I interpret the Home Purchase Closing Cost Calculator results?

  • The down payment builds equity; fees and prepaid escrow are different uses of cash.
  • Loan amount is entered separately: check that it agrees with the price and financing plan.
Limits and assumptions

Which costs, rules, or risks are outside the Home Purchase Closing Cost Calculator?

  • Tax timing is a six-month planning convention, not a universal requirement. Credits, earnest money, prorations and lender-specific disclosures must be reconciled separately.

Content and calculation reviewed:

Understand the calculation

How to use it and the math behind it

Read the complete explanation

Four steps to check your inputs and results

  1. Confirm currency and monthly versus annual amounts. U.S. tax and loan models should be used within their stated scope.
  2. Prepare Purchase price, Down payment, Loan amount, Annual property-tax rate, Annual home insurance, Discount points, Origination fee, Title and settlement fees, Appraisal and inspection, Other closing fees. Defaults demonstrate the model rather than your personal circumstances.
  3. Check the headline result and its components. A key interpretation for this tool is: The down payment builds equity; fees and prepaid escrow are different uses of cash.
  4. Compare the baseline with a changed scenario: Loan amount is entered separately: check that it agrees with the price and financing plan.

Separating fixed costs, percentage fees and reserves

Adding costs is only reliable when the categories do not overlap. A percentage fee uses its defined base: one percent of the loan is different from one percent of the purchase price. Convert each percentage to a decimal and compute the cash amount before adding fixed charges.

Percentage fee = applicable base × fee percentage / 100
Cash to close = down payment + fees + prepaids + reserves − applicable credits

The detailed guide adds variable definitions, a reproducible example, a practice question and model limitations.

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