How are closing costs calculated here?

They are the sum of the four fee groups you enter. The percentage is that total divided by the home price.

Are closing costs the same as the down payment?

No. The down payment is part of the purchase price you pay up front. Closing costs are separate fees to complete the sale.

What percentage are closing costs usually?

It varies a lot by location and lender. This calculator shows your own figure rather than assuming a fixed percentage.

Should I include property tax and insurance?

Only if your lender collects them at closing. If so, add them to the other fees field.

Which currency does it use?

The currency follows the site language. The totals math is identical in every market.

Can I share a calculation?

Yes. Use Share to copy a link that reopens the calculator with the same price and fees.

Closing costs calculator

Enter the home price and your fees for loan origination, appraisal, title, and anything else. The calculator totals your closing costs and shows them as a percentage of the price as you type.

Use it to total the one-off fees of buying a home and see how big they are relative to the purchase price.

Total closing costs

$7,000.00

Origination Appraisal Title Other

Percent of price: 2.33%
Loan origination fees: $3,000.00
Appraisal & inspection: $500.00
Title fees: $1,500.00
Other fees: $2,000.00

The result updates as you type. The bar splits the total by fee group so you can see where the money goes.

How does it work?

Closing costs are the one-off fees to complete a home purchase, on top of the down payment. The percentage is the total divided by the home price.

Closing costs formula

\text{total} = \text{origination} + \text{appraisal} + \text{title} + \text{other}

origination: Loan origination and lender fees.
appraisal: Appraisal and inspection fees.
title: Title search and title insurance.
other: Recording, escrow, and any other fees.

On a 300,000 home, 3,000 origination + 500 appraisal + 1,500 title + 2,000 other is 7,000 in closing costs, about 2.3% of the price.

Method & sources

Closing costs are the sum of the four fee groups you enter. The percentage is the total divided by the home price. These are one-off fees, separate from the down payment and the loan itself.

Sources

Where this method comes from — use these references to understand the formula, assumptions, and limits.

Closing Disclosure — key facts — U.S. Consumer Financial Protection Bureau, verified 2026-06-10

How we calculate

Closing costs are the sum of the four fee groups you enter.
The percentage is the total divided by the home price.
These are one-off fees, separate from the down payment and the loan itself.
Exact fees vary by lender, location, and property; you supply your own quotes.
Prepaid items like property tax and insurance escrow are only included if you add them to a fee group.

Rounding

The total is rounded to two decimals and the percentage to two decimals for display. The calculation uses full precision.

What this calculator does

Closing costs are the one-off fees you pay to complete a home purchase, on top of the down payment. They include loan origination, the appraisal, title work, and various other charges. This calculator adds your fee groups into a single total and shows what percentage of the home price they come to.

How to use it

Enter the home price.
Enter your loan origination and lender fees.
Enter the appraisal, title, and any other fees.
Read the total and the percentage of the price below.

A worked example

On a 300,000 home, 3,000 in origination, 500 for the appraisal, 1,500 in title fees, and 2,000 in other costs add up to 7,000 — about 2.3% of the price.

What counts as a closing cost

Origination and lender fees, appraisal and inspection, title search and title insurance, plus recording, escrow, and similar charges. Group anything that doesn't fit into the 'other fees' field. The down payment is not a closing cost.

Common mistakes

Including the down payment. It is separate from closing costs.
Leaving out prepaid items like a tax or insurance escrow if your lender requires them.
Assuming a fixed percentage. Costs vary widely, so use your own quotes.

When it's useful

Budgeting the cash you need to close, comparing lender fee quotes, or checking whether your closing costs are in a normal range for the price.

FAQ

How are closing costs calculated here?: They are the sum of the four fee groups you enter. The percentage is that total divided by the home price.
Are closing costs the same as the down payment?: No. The down payment is part of the purchase price you pay up front. Closing costs are separate fees to complete the sale.
What percentage are closing costs usually?: It varies a lot by location and lender. This calculator shows your own figure rather than assuming a fixed percentage.
Should I include property tax and insurance?: Only if your lender collects them at closing. If so, add them to the other fees field.
Which currency does it use?: The currency follows the site language. The totals math is identical in every market.
Can I share a calculation?: Yes. Use Share to copy a link that reopens the calculator with the same price and fees.

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<p>Calculator from <a href="https://wisecalcs.com/en/loans-mortgages/closing-costs-calculator">WiseCalcs</a></p>