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Closing Cost Calculator: Estimate Fees for Home Buying & Refinancing

Last updated: March 31, 2025

What Are Closing Costs?

Closing costs encompass various fees and expenses you encounter when finalizing a real estate transaction.

Definition

Closing costs include fees paid to lenders, third-party service providers, and government entities during the home-buying or refinancing process. These costs typically range from 2% to 5% of the property's purchase price and cover: