TryClearTally
Printed July 8, 2026 · https://trycleartally.com/closing-cost-calculator
Estimates for educational purposes only — not financial advice. See https://trycleartally.com/disclaimer.
Closing Cost Calculator
Estimate your closing costs line by line — lender fees, title, taxes, and prepaids — and see the total cash you'll need to bring to closing.
Reviewed by the ClearTally editorial team · Last updated July 8, 2026 · Methodology & sources
10.0% down — loan amount $360,000.
Cost line items — editable estimates; replace with your Loan Estimate figures
Underwriting, processing, and any origination charge.
Appraisal, credit report, flood certification.
Title search, settlement services, lender's policy.
Varies a lot by state and city — check yours.
First year's insurance plus escrow deposits.
Attorney or escrow company, courier, survey.
Estimated closing costs
$12,650
About 3.5% of your $360,000 loan
Estimated cash to close
$52,650
$40,000 down payment + $12,650 closing costs
Breakdown
- Origination & lender fees$3,600
- Appraisal & lender third-party fees$650
- Title services & title insurance$2,000
- Recording & transfer taxes$1,600
- Prepaid taxes, insurance & escrow$4,000
- Settlement, attorney & misc.$800
- Total$12,650
Every figure above is an editable estimate — actual costs vary by state, lender, and transaction, and transfer taxes alone can swing the total by thousands. Seller or lender credits would reduce your cash to close and aren't modeled. Your lender's Loan Estimate and Closing Disclosure have the real numbers. Estimate only, not financial advice.
Closing Cost Worksheet
Estimated cash to close
$52,650
Editable estimates only — actual costs vary by state, lender, and transaction. Your Loan Estimate and Closing Disclosure have the real figures. Not financial advice.
Line-item breakdown
| Item | Estimate |
|---|---|
| Origination & lender fees | $3,600 |
| Appraisal & lender third-party fees | $650 |
| Title services & title insurance | $2,000 |
| Recording & transfer taxes | $1,600 |
| Prepaid taxes, insurance & escrow | $4,000 |
| Settlement, attorney & misc. | $800 |
Calculated using the standard formulas described at https://trycleartally.com/methodology — for educational estimates only, not a quote or financial advice. Verify with your lender or financial institution before making decisions.
Closing costs are due once — the monthly bill is the bigger commitment. The mortgage calculator estimates your full monthly payment, and if you're putting less than 20% down, the PMI calculator shows what mortgage insurance adds.
How it works
Closing costs are the one-time charges due when a home purchase completes, on top of the down payment. They break into a few buckets: lender fees (origination, underwriting), third-party services (appraisal, title search and insurance), government charges (recording and transfer taxes), and prepaids — the first year of insurance and the escrow deposits for future tax bills. This tool prices each bucket as an editable percentage or flat fee, adds them up, and adds your down payment to get cash to close: the check you actually write.
No calculator can know these numbers precisely in advance — transfer taxes alone range from zero to a few percent depending on the state, and lender fees vary shop to shop. The defaults here sit in the middle of typical ranges (last reviewed July 2026) so the total lands in a realistic ballpark; once you apply for a loan, your lender must send a Loan Estimate with the real figures within three business days — plug those into the line items and this becomes your worksheet.
Example: a $400,000 home with 10% down ($40,000) leaves a $360,000 loan. With 1% origination ($3,600), $650 of appraisal and lender fees, 0.5% title ($2,000), 0.4% recording and transfer taxes ($1,600), 1% prepaids and escrow ($4,000), and $800 of settlement costs, closing costs total about $12,650 — roughly 3.5% of the loan — for an estimated cash to close of about $52,650.
Sources & further reading
FAQ
For most buyers they land somewhere in the low single digits as a percentage of the loan — commonly a few percent, which on a $360,000 loan means five figures. The biggest swing factor is where you're buying: some states charge no transfer tax while others take well over 1% of the price, and attorney requirements and title rates vary by state too. That's why every line here is editable rather than fixed — the structure is universal, the numbers aren't.