Transaction Planning
Closing Cost Calculator
Estimate buyer or seller closing costs with a clear state-level breakdown.
Estimated Buyer Costs
$10,404
2.6% of home price in Texas
Property & Loan
$
No transfer tax in Texas
$
%
Category Breakdown
Lender Fees $3,750
Title & Attorney $2,160
Government & Taxes $150
Inspections & Other $850
Prepaid Items $3,494
Itemized Costs
Loan Origination Fee
1% of loan, usually negotiable
$3,200
Appraisal Fee
Required by lender
$500
Credit Report
Per borrower
$50
Title Search
Ownership verification
$400
Title Insurance (Lender)
Required by lender
$960
Title Insurance (Owner)
Optional, recommended
$800
Recording Fees
County recording
$150
Home Inspection
Strongly recommended
$450
Survey
May be lender-required
$400
Prepaid Interest
Approx. 15 days
$894
Homeowners Insurance (1yr)
Paid at closing
$1,500
Property Tax Escrow
Approx. 3 months
$1,100
Total $10,404
Cash Needed At Closing
Down Payment (20%) $80,000
Closing Costs $10,404
Total Cash Required $90,404
Ways To Reduce Costs
Shop multiple title insurance providers before selecting one.
Negotiate loan origination and lender processing fees.
Ask for seller concessions when market conditions allow.
Closing near month-end usually lowers prepaid interest.