How accurate is this calculator?
This calculator estimates closing costs and prepaid items based on county-wide averages for transfer taxes, recording fees, and title work, plus your origination fee and a standard lender package (~$1,781 in baseline lender fees). Prepaid items include 30 days of interim interest, 3 months of property tax escrow, and 14 months of homeowners insurance escrow. Property tax and hazard insurance rates are county-wide averages. Actual costs vary based on lender, title company, county, and property type — expect your final figures to land within roughly 5%–10% of this estimate.
Want to know how we come up with our numbers? Read how our estimates compare to verified lender quotes →