Closing Costs Calculator (USA)

Estimate your cash to close, monthly ownership cost, and first-year total — with state presets and a 10% vs 20% comparison.

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Closing Costs Estimate (USA)

Generated from closingcostscalculate.com • Estimates only • Confirm fees and taxes locally.

Quick Summary Ready

Estimated cash to closenet

Down payment + closing costs + prepaids + fees − credits − earnest.

True monthly costincl. PMI

Mortgage + taxes + insurance + HOA + PMI + maintenance + flood.

First-year total12 months + one-time

Monthly total × 12 + one-time costs (closing, prepaids, inspections, moving, repairs).

Loan amount$0

Monthly mortgage (P&I)$0

Monthly taxes$0

Monthly insurance$0

Monthly PMI/MIP$0

HOA + Flood$0

Maintenance reserve$0

One-time costs (incl. closing)$0

Best practice: (1) apply a state preset, (2) set price + down payment + APR, (3) refine closing % + fees, then (4) compare 10% vs 20% down to see the PMI and cash difference.

Optional Resources

If you have a Loan Estimate from a lender, update the closing cost % and fees to match.

Inputs Updates instantly

Location Preset

State preset optional

Preset action apply

Choose a state to prefill a typical property tax rate and insurance estimate. You can still edit any number after applying.

Purchase & Loan

Home price $

Interest rate (APR) %

Loan term years

Loan type estimate

Down payment

Down payment %

Down payment $

Ongoing Monthly Costs

Property tax (annual) %

Homeowners insurance (annual) $

HOA dues (monthly) $

Maintenance reserve (annual) %

PMI rate (annual) %

Flood insurance (monthly) $

Cash to Close (one-time) closing + prepaids + fees

Closing costs estimate %

Appraisal fee $

Home inspection $

Other due diligence $

Moving costs $

Repairs / initial buffer $

Prepaid interest days days

Tax escrow months months

Insurance escrow months months

Seller credits $

Earnest money already paid $

Tip: If you have a lender Loan Estimate, update the closing cost % and fees to match.

Compare 10% vs 20% Down A/B

Mini comparison

Uses the same taxes, insurance, and closing settings — only the down payment changes. Compare the impact of PMI and cash to close.

Metric	10% Down	20% Down
Down payment	$0 10%	$0 20%
Loan amount	$0	$0
Cash to close (net)	$0	$0
Monthly total	$0	$0
Monthly PMI/MIP	$0	$0
First-year total	$0	$0

To compare other percentages, change your down payment above and use the main summary.

How to Use This Calculator Step-by-step

1) Apply a state preset (optional)

Pick your state to prefill typical property tax and insurance values. If you know your local numbers, just type over them.

2) Enter purchase & loan details

Set home price, down payment, APR, and term. The calculator estimates principal & interest and adjusts PMI where applicable.

3) Review cash to close

Adjust closing cost %, fees, and prepaids. Add seller credits and earnest money if you have them to get a net estimate.

4) Check monthly + first-year

Monthly includes taxes, insurance, PMI, HOA, maintenance reserve, and optional flood insurance. First-year adds one-time costs.

5) Compare 10% vs 20%

Use the comparison table to see how increasing your down payment changes cash to close and PMI.

6) Print or share

Copy a shareable URL to save your inputs, or print a clean summary for notes and planning.