For buyers

Buyer Cost Calculator

See the total cash you need on closing day — not just the down payment.

The down payment is the number everyone knows. Closing costs and prepaid items are the ones that catch people out, and they are due in cash on the same day. This adds all of it up.

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Lender fees, title work and taxes, as a percentage of the price. Usually 2–5%.

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Per year. Used for the monthly figure and the escrow deposit.

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Per year.

Lenders collect a few months of tax and insurance up front.

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Anything the seller has agreed to pay towards your costs.

Cash needed at closing

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Down payment
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Closing costs
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Prepaid taxes & insurance
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Inspection
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Appraisal
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Less seller credit
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Amount borrowed
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Estimated monthly payment
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An estimate, not a quote. These figures are estimates for planning only. They are not a loan offer, a quote, or advice. Interest rates, taxes, insurance, and closing costs vary by lender, property, and location. Confirm every number with your lender and a licensed professional before making a decision.

Want to know what you can actually borrow?

A lender can tell you in a few days, in writing, and it costs nothing. We can point you to one, or just answer questions.

Get in touch How buying works

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