Closing Cost Estimator

Buyers typically pay 2 to 5 percent of the purchase price in closing costs. That is about $8,000 to $20,000 on a $400,000 home, covering lender fees, title insurance, recording, prepaid taxes and insurance. Sellers usually pay more once commission is included. The Loan Estimate and Closing Disclosure show the exact figures.

Updated 2026. Researched guidance, not legal, tax or financial advice.

Buyer Closing Costs

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Closing Cost Tips

  • • Closing costs typically range from 2-5% of purchase price for buyers
  • • Sellers usually pay 8-10% including agent commissions
  • • Some costs are negotiable between buyer and seller
  • • Always get a detailed estimate from your lender

What's Included

Buyer Costs:

  • • Loan origination fees
  • • Appraisal & inspection
  • • Title insurance
  • • Escrow fees
  • • Recording fees
  • • Prepaid taxes & insurance

Seller Costs:

  • • Real estate commissions
  • • Title insurance
  • • Transfer taxes
  • • Escrow fees
  • • Repairs & concessions
  • • Prorated property taxes

Buyer closing costs by price

Typical buyer closing cost range
Purchase price2%3.5%5%
$300,000$6,000$10,500$15,000
$400,000$8,000$14,000$20,000
$500,000$10,000$17,500$25,000

Sellers: estimate the commission side with the real estate commission calculator.

Frequently asked questions

How much are closing costs for a buyer?

Commonly 2 to 5 percent of the purchase price, depending on the loan, the state and whether the buyer pays points. The lender must give a Loan Estimate within three business days of the application and a Closing Disclosure at least three business days before closing, and those two forms list the actual costs.

What closing costs does the seller pay?

Sellers usually pay the real estate commission as negotiated, their share of title and escrow fees, transfer taxes where the state or county charges them, prorated property taxes and any agreed credits to the buyer. Commission is typically the largest item.

Sources: Consumer Financial Protection Bureau (Loan Estimate and Closing Disclosure rules) and Freddie Mac homebuyer guidance on closing costs. Researched guidance, not legal or financial advice.