Estimate Home Purchase Closing Costs
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Common Questions
What's included in closing costs?
Loan origination (0.5-1%), appraisal ($300-500), title insurance (0.5-1%), attorney fees ($500-1500), property tax, homeowners insurance prepayment, HOA transfer fees, etc. Typical total: 2-5% of purchase price ($7K-$17.5K on $350K home).
Can closing costs be negotiated?
Some yes, some no. Lender fees (origination, appraisal, title) vary—shop around. Seller may pay some costs in negotiation (seller concessions). Attorney/title fees vary by state. Get full Closing Disclosure 3+ days before closing to review all costs.
Can I roll closing costs into the mortgage?
Yes, but it increases loan amount and interest paid over 30 years. A $10K closing cost rolled in costs $18K+ over 30 years at 6% rate. Better to pay from savings if possible; otherwise, negotiate seller to pay some costs instead.