Closing Costs
Closing costs are the one-time fees you pay to finalize a home purchase or refinance — typically 2% to 5% of the loan amount — on top of your down payment. They include lender fees, appraisal, title insurance, taxes, and escrow setup, and they're due at the closing table.
On a $400,000 home that's roughly $8,000–$20,000 in cash you need beyond the down payment. Some can be negotiated, rolled into the loan, or covered by seller concessions, but they're a real part of the money required to buy.
Put it to work
Down Payment Calculator
See the cash you need upfront to buy a home — down payment plus closing costs — and how many months of saving it takes to get there.
Mortgage Calculator
Estimate your monthly mortgage payment with taxes, insurance, PMI and HOA — plus total interest and a full amortization breakdown. Free, fast, no signup.
Mortgage Refinance Calculator
Should you refinance? Compare payments, find your break-even month on closing costs, and see the honest lifetime cost — including the term-reset trap.