Estimate the closing costs on a home purchase, itemized into loan origination, title and settlement, appraisal, recording and transfer taxes, and prepaid escrow. These are typical figures only — actual closing costs vary widely by state and lender and commonly run 2–5% of the price. Your lender's Loan Estimate gives the real numbers.
For most buyers closing costs run about 2–5% of the purchase price, but they vary widely by state and lender. This tool gives a conservative typical estimate broken into components; your lender's official Loan Estimate is the authoritative figure. The CFPB explains which fees are charged and who pays them.
Typical costs include loan origination and underwriting, title insurance and settlement/escrow fees, the appraisal, government recording fees and transfer taxes, and prepaid items such as property taxes and homeowners insurance collected into escrow.
You can compare Loan Estimates from several lenders, negotiate some third-party fees, ask the seller for a credit, or use lender credits (which raise your rate). Because these are estimates, always confirm the final numbers on your Closing Disclosure.