Closing Cost Estimator
https://www.bankofamerica.com/mortgage/closing-costs-calculator/
A Closing Cost Estimator is a financial tool that helps homebuyers and sellers estimate the total costs they’ll need to pay at the closing of a real estate transaction—on top of the property’s purchase price.
What It Calculates:
For Buyers, it typically includes:
Lender fees (loan origination, underwriting)
Appraisal and inspection fees
Title insurance
Escrow fees
Recording fees
Prepaid taxes and insurance (escrow setup)
Points or credits
For Sellers, it may include:
Agent commissions
Escrow and title fees
Transfer taxes
Outstanding liens/payoffs
Repairs or agreed credits to buyer
Inputs You Provide:
Purchase price
Down payment
Location (state/county/city)
Loan amount and type
Closing date
Whether you’re the buyer or seller
Why It's Useful:
Gives a clearer picture of total funds needed to close
Helps avoid surprises and budget accurately
Allows comparison of loan offers and closing services
Essential for buyers trying to determine if they can afford a home
More Buying & Selling Tools
The EPA's Real Estate Disclosures About Potential Lead Hazards page outlines federal requirements that protect buyers and renters from the dangers of lead-based paint in housing...
The Calculator.net Mortgage Calculator is a powerful, free tool for homeowners and buyers alike.
If you're looking to share or embed their mortgage calculator on...
A Pre-Approval Checklist is a list of documents and information that a mortgage lender requires from a borrower to begin the process of determining whether they qualify for...
What It Typically Calculates:
Estimated Annual Property Tax
Based on the assessed value of the home and the local tax rate.
Effective Tax...
What It Calculates:
It estimates and compares the total cost of renting vs. buying over a set number of years by considering:
For Renting:
Monthly...
A Walk Score tool is an online metric that rates how walkable a specific address or neighborhood is, based on proximity to amenities like grocery stores, schools, parks, restaurants,...
The ZIMAS (Zone Information and Map Access System) tool is an essential resource provided by the City of Los Angeles that allows users to access detailed zoning, land use,...