What does Closing Cost Calculator do?
Closing cost calculator for US home buyers. Itemise lender, title and recording fees, prepaid interest, escrow and points, and work out your cash to close.
- Price
- Free
- Account
- Not required
- Processing
- Entirely in your browser; your data and files are not uploaded
- Works on
- Any modern browser on desktop, tablet or phone
- Region
- United States (USD)
- Category
- Financial Calculators
How to use the closing cost calculator
- Enter the home price, down payment and interest rate.
- Replace each example fee with the figures on your Loan Estimate: lender fees, appraisal, credit report, title, recording and transfer taxes.
- Enter the days of prepaid interest, your insurance premium and how many months of tax and insurance go into escrow.
- Add seller credits, lender credits and any deposit already paid.
- Read your total closing costs and estimated cash to close, and download the itemised list.
Worked example
$400,000 home, $40,000 down, 6.5% rate (example fees)
The loan is $360,000. Example fees of $1,500 lender, $600 appraisal, $50 credit report, $2,000 title and $150 recording total $4,300. Prepaid interest for 15 days at $64.11 a day is $961.65, the insurance premium $1,800 and the escrow deposit (3 months of $4,800 tax and 2 months of $1,800 insurance) $1,500. Closing costs total $8,561.65 (2.14% of the price). With a $2,000 seller credit, cash to close is $40,000 + $8,561.65 − $2,000 = $46,561.65.
How it works
Points = points % × loan amount. Per-diem interest = loan × rate ÷ 365 (or 360). Prepaid interest = per-diem × days. Escrow deposit = annual tax ÷ 12 × tax months + annual insurance ÷ 12 × insurance months. Total closing costs = loan costs + other costs + prepaids and escrow. Cash to close = down payment + total closing costs − credits.
Assumptions
- Every fee is your input. The starting values are examples, not typical or recommended amounts.
- The CFPB says closing costs typically range from 2% to 5% of the purchase price, not counting the down payment (CFPB, checked on 6 October 2026). It is shown only as a reference.
- Your lender may use a 360 or 365-day year for prepaid interest; choose the one on your Loan Estimate.
Frequently asked questions
What is the difference between closing costs and cash to close?
Closing costs are the fees and prepaid items. Cash to close is what you bring to closing: the down payment plus closing costs, minus credits such as seller credits, lender credits and your earnest money deposit.
How much are closing costs?
The CFPB says they typically range from 2% to 5% of the purchase price, not including the down payment. Your Loan Estimate lists your actual figures.
Why do I pay prepaid interest?
Mortgage interest is paid in arrears. At closing you pay interest from the closing date to the end of that month, and your first regular payment usually comes due the month after next.
What is an escrow deposit?
An initial deposit into the escrow account your servicer uses to pay property tax and insurance. Lenders may hold a few months of payments as a cushion.
Limitations
- Uses only the amounts you enter; it does not look up local fees or taxes.
- Your Closing Disclosure is the final figure.