Financing Closing Costs Calculator
Along with the down payment you will be making when you close on your home, you'll also have to pay closing costs. These are costs are miscellaneous fees charged by those involved with the home sale. This could include the lender processing the loan, the title company handling the paperwork, a land surveyor, local government offices for recording the deed, etc. The average closing costs percentage is usually about 2-5% of the purchase price, but 1-8% is not uncommon. Use this calculator to estimate your total closing costs based on typical closing costs.