How the Closing Cost Calculator Works

It estimates the one-time costs you pay at closing — lender fees, title charges, taxes, and prepaid escrow — on top of your down payment.

How It Works, Step by Step

The calculator sums the typical closing line items: lender origination and underwriting fees, title insurance and settlement charges, government recording and transfer taxes, and prepaid property tax and insurance held in escrow.

Florida adds specific closing charges most other states do not: documentary stamp tax on the deed and the note, plus intangible tax on the mortgage. Coastal counties also bring higher prepaid insurance escrows. These items make Florida closing costs run toward the higher end of the typical range.

Want the underlying math? See the closing cost formula page, or open the calculator to try it with your own figures.