{
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  "@type": "Dataset",
  "name": "How do you calculate closing costs on a house?",
  "description": "Buyer closing costs typically run 2–5% of the purchase price: lender fees (0.5–1%), title and escrow (0.5–1%), prepaids for taxes and insurance, plus government recording fees. On a $400,000 home, budget $8,000–$20,000 — about $12,000 is typical.",
  "url": "https://www.revenuelab.fyi/answers/how-to-calculate-closing-costs",
  "dateModified": "2026-10-01",
  "creator": {
    "@type": "Organization",
    "name": "RevenueLab",
    "url": "https://www.revenuelab.fyi"
  },
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "keywords": [
    "Closing Costs Calculator",
    "Rent vs Buy Net Worth Calculator"
  ],
  "distribution": {
    "@type": "DataDownload",
    "contentUrl": "https://www.revenuelab.fyi/api/public/page.json?path=answers%2Fhow-to-calculate-closing-costs",
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  "json": {
    "type": "answer",
    "question": "How do you calculate closing costs on a house?",
    "shortAnswer": "Buyer closing costs typically run 2–5% of the purchase price: lender fees (0.5–1%), title and escrow (0.5–1%), prepaids for taxes and insurance, plus government recording fees. On a $400,000 home, budget $8,000–$20,000 — about $12,000 is typical.",
    "tableTitle": "Typical buyer closing costs on a $400,000 purchase",
    "columns": [
      "Category",
      "Typical amount",
      "What it covers"
    ],
    "rows": [
      {
        "label": "Loan origination (0.5–1%)",
        "value": "$2,000–$4,000",
        "note": "Lender's charge for the mortgage"
      },
      {
        "label": "Title insurance + search",
        "value": "$1,500–$2,500",
        "note": "Lender's + owner's policies"
      },
      {
        "label": "Appraisal + inspection",
        "value": "$600–$1,100",
        "note": "$300–$600 each"
      },
      {
        "label": "Prepaids (tax, insurance, interest)",
        "value": "$2,500–$5,000",
        "note": "Escrow cushion + first-year premium"
      },
      {
        "label": "Recording + transfer taxes",
        "value": "$200–$4,000",
        "note": "Varies wildly by state/county"
      },
      {
        "label": "Total",
        "value": "≈ $8,000–$16,000",
        "note": "2–4% of price"
      }
    ],
    "context": "The single biggest variable is location: transfer taxes alone range from $0 (Texas) to over 4% of price in parts of New York and Pennsylvania. Prepaids aren't fees — they're your own taxes and insurance collected early — but they still need cash at closing. Within three days of applying, your lender must send a Loan Estimate listing every charge; compare at least two, because lender fees are the most negotiable part.",
    "methodology": "Ranges compiled from 2025–2026 national lender fee schedules, title rate filings, and county recording fee schedules. Prepaids assume 6 months of a 1.1% property tax and a $1,900/yr insurance premium.",
    "dateModified": "2026-10-01",
    "relatedCalculators": [
      {
        "label": "Closing Costs Calculator",
        "to": "/closing-costs-calculator"
      },
      {
        "label": "Rent vs Buy Net Worth Calculator",
        "to": "/rent-vs-buy-net-worth-calculator"
      }
    ],
    "relatedReading": [
      {
        "label": "Who pays closing costs, buyer or seller?",
        "to": "/answers/who-pays-closing-costs-buyer-or-seller"
      },
      {
        "label": "How to negotiate closing costs",
        "to": "/answers/how-to-negotiate-closing-costs"
      }
    ]
  }
}