Calculate closing costs for real estate investments and properties
Enter purchase price, loan amount, and closing cost percentage. The calculator computes closing costs, down payment, and total cash needed to close.
On a $400,000 purchase with $320,000 loan and 3% closing costs, you need $92,000 total ($80,000 down + $12,000 closing).
Buyers pay 2-5% of purchase price including loan origination, appraisal, title insurance, escrow fees, recording fees, and prepaid items.
Yes, you can shop for services like title insurance and negotiate seller credits to cover some or all of your closing costs.
Some costs like mortgage interest and property taxes are deductible. Loan origination fees can be deducted over the loan term. Consult a tax professional.