Closing Cost Calculator
Closing costs are lender fees, title and government charges, and prepaid escrows — on top of your down payment. In Florida, the prepaid escrows are the surprise: a full year of insurance and months of taxes collected at the table.
Your purchase
Prepaid insurance is 12 months at this amount. Edit it to match your quote.Estimated closing costs
Origination / broker fee — estimate, 1.00%–2.75% of loan (shown at 1.00%):
Appraisal — estimate:
Credit report — estimate:
Title & settlement — estimate, 0.55% of price:
Recording — estimate:
Prepaid insurance, 12 months — estimate:
Tax escrow, 6 months at 1.10% of price/yr — estimate:
The origination / broker fee is typically paid by the seller in our market — it is NOT included in your cash estimate below. If the seller does not cover it, add the amount shown (up to 2.75% of the loan) to your cash.
Estimates only. Actual lender, title and government charges vary by program, property and provider. Financed items, where shown, are flagged and excluded from the cash total.
How this calculator works
Each line is labeled estimate with its basis: a percentage of loan or price, a flat amount, or months of a monthly amount.The origination / broker fee is estimated at 1.00%–2.75% of the loan (shown at 1.00%) and is typically paid by the seller in our market, so it is not included in the cash total; if it fell to you, add it to your cash. VA funding fees and FHA upfront MIP are shown separately because they are usually financed, not paid in cash. Note revised November 2026.
Lender costs
Origination and processing, appraisal and credit report. The origination / broker fee runs 1.00%–2.75% of the loan (shown at 1.00%) and is typically paid by the seller in our market. These are the fees for underwriting and valuing the loan.
Title & government
Title search, settlement and recording charges. They protect the chain of title and record the new ownership.
Prepaids & escrows
Insurance paid ahead and taxes held in escrow. In Florida these are often the largest surprise at closing.
Mortgage Payment Calculator
See the full PITI payment for the same home price.
VA Funding Fee Calculator
For VA buyers: work out the funding fee by down payment band.
Frequently asked questions
Are closing costs on top of the down payment?
Yes. The down payment goes toward the price; closing costs pay the lender, title, government and prepaid items.
Why is the Florida total higher than I expected?
Prepaid insurance for a full year and six months of tax escrow are collected at closing, before your first regular payment.
What is the VA funding fee?
A one-time VA fee, by first-use schedule, usually financed into the loan rather than paid in cash.
What is FHA upfront MIP?
An upfront mortgage insurance premium of 1.75% of the loan, usually financed into the loan.
Can closing costs be negotiated?
Some lender and title charges can vary, and sellers sometimes contribute. Ask Douglas what is realistic for your offer.
Is this a final closing disclosure?
No. This is a planning estimate only and is not a commitment to lend or a guarantee of financing.
You work directly with Douglas — no call center, no hand-offs.
“If you’re a veteran looking to buy a home, I can’t recommend Douglas highly enough. As a fellow Marine veteran, he truly understands every aspect of the VA home loan process and knows how to navigate it from start to finish. His knowledge, professionalism, and commitment to serving veterans are second to none. What really sets Douglas apart is that he’s much more than just a mortgage loan officer. He works seamlessly with your real estate agent to make sure everyone is aligned and the entire process runs smoothly. You never feel like you’re just another transaction. The best part is that once you become part of Douglas’s ecosystem, you never really leave it. He continues to be a trusted resource long after closing, providing guidance, connections, and support whenever you need it. It’s not just a mortgage—it’s a lifelong relationship and an incredible asset to have in your corner. If you’re looking for someone who genuinely cares about your success and has the expertise to get the job done right, Douglas is the person to call. Semper Fi!” — Jason Haglund, July 31, 2026
Have Douglas Review My Numbers
Equal Housing Opportunity. Mortgage services are provided by Douglas Wilkerson, Branch Manager and Mortgage Broker with Edge Home Finance Corporation. Loan programs, rates, eligibility, underwriting guidelines and availability are subject to change. All applications are subject to credit review, verification, property eligibility, applicable underwriting requirements and final approval. This website does not constitute a commitment to lend or a guarantee of financing.