Closing Cost Calculator
A line-by-line estimate of buyer-side closing costs on any U.S. purchase — lender fees, third-party services, prepaids, and recording. Buying in Florida? Turn on Florida mode to add the three taxes that catch new buyers off guard: doc stamps on the deed, doc stamp tax on the note, and intangible tax on the mortgage — plus owner's title insurance at Florida's promulgated rate.
The purchase price on the contract.
Cash purchase? Enter 0. Cannot exceed the home price.
Adds Florida doc stamp tax on the deed and note, intangible tax on the mortgage, and promulgated owner's title insurance.
1.66% of the $400,000 purchase price. Florida transfer taxes excluded.
$6,658 closing costs
- Your inputs
- $0
- Florida taxes & title
- $0
- National-average estimates
- $6,658
- % of purchase price
- 1.66%
- Florida transfer taxes
- Excluded
Free during pilot
How closing costs add up
Closing costs are the sum of around a dozen line items — lender fees, third-party services, prepaids, and, in some states, transfer taxes. We compute each line, sum them, and express the total as a percentage of the purchase price.
Florida mode (optional)
Florida layers on three transfer taxes that don't exist in most states. Turn on the Florida toggle to include them:
- Documentary stamp tax — deed: $0.70 per $100 of sale price (statewide rate; Miami-Dade has a separate surtax). Rounded up to the nearest $100.
- Documentary stamp tax — note: $0.35 per $100 of the loan amount, paid on the promissory note.
- Intangible tax: $0.002 per $1 of mortgage — $2 per $1,000. Paid once at closing.
- Owner's title insurance: Florida's promulgated rate is $5.75 per $1,000 up to $100k, $5.00 per $1,000 from $100k to $1M, then $2.50 per $1,000 above that. The buyer typically pays in most FL counties, though the contract decides.
National-average placeholders
When you don't supply a specific fee, the calculator falls back to a neutral national-average estimate (lender origination fee — the lender's underwriting/processing charge — ~1% of loan, appraisal ~$600, credit report ~$75, attorney/settlement ~$800, recording ~$150). These are not personalized estimates and must not be relied on as your actual cost — your Loan Estimate is.
What this calculator deliberately excludes
- Discount points / lender credits. Trade-offs against rate; depends on your specific lock.
- Seller concessions. Negotiated per contract.
- HOA / condo capital contributions. Highly variable by association.
- Home warranty, home inspection. Optional and often paid outside closing.
Frequently asked questions
How much are closing costs on a house?
Buyer-side closing costs typically run a few percent of the purchase price and are the sum of about a dozen line items — lender fees, third-party services (appraisal, title, settlement), prepaids, and recording. This calculator itemizes each and shows the total as a percentage of price. Your lender's Loan Estimate is the authoritative figure.
What closing costs are specific to Florida?
Florida adds three transfer taxes most states do not have: documentary stamp tax on the deed ($0.70 per $100 of price; Miami-Dade differs), documentary stamp tax on the note ($0.35 per $100 of the loan), and intangible tax on the mortgage ($2 per $1,000). Owner's title insurance follows Florida's promulgated rate. Turn on Florida mode to include them.
Who pays for owner's title insurance in Florida?
It is negotiable and set by the purchase contract, but in most Florida counties the buyer customarily pays for the owner's policy. The premium uses Florida's promulgated rate: $5.75 per $1,000 up to $100k, $5.00 per $1,000 from $100k to $1M, and $2.50 per $1,000 above that.
What does this calculator not include?
When you do not supply a specific fee, it falls back to national-average placeholders that are not personalized — your Loan Estimate is. It excludes discount points and lender credits, seller concessions, prepaid HOA dues, and home-warranty or inspection fees. It is an estimate, not a Loan Estimate or Closing Disclosure.
Estimates only — not a Loan Estimate. Per-line fees fall back to national-average placeholders when you don't supply your own; actual fees come from your lender's published Loan Estimate or ClosingCorp/Closing Disclosure. With Florida mode on, owner's title insurance uses Florida's promulgated rate and the buyer typically pays the owner's policy in most FL counties, though who-pays-what is negotiable. This calculator does not include lender credits, seller concessions, points buy-downs, prepaid HOA dues, or home-warranty fees. Methodology last reviewed: May 26, 2026.