

Closing Cost Calculator
When you take out a mortgage loan, you pay closing costs directly to your lender to cover their costs of originating and servicing your loan. These costs cover everything from home appraisals to title searches and insurance that you’ll pay when you close on your mortgage.
How much will closing costs be on my home purchase?
Closing costs vary by location, but you can expect to pay anywhere from 2% to 6% of your loan amount. You may be able to negotiate with the seller to pay a portion of your closing costs, but in most cases, you’ll be responsible for them. These fees don’t include your down payment, so it’s crucial to understand how much you’ll owe when signing your final loan documents.
How We Can Help You Afford a Home
Calculating closing costs can help you build a budget for your dream home, but they’re not the only factors to consider. Try our closing cost calculator for California to learn more about your costs, or take advantage of our financial counseling today to determine whether now is the right time to purchase a home.
Once you’re ready to buy a home, you can take advantage of our mortgage offerings to find the best loan for you.
California Credit Union cannot and does not guarantee the accuracy or the applicability to your individual circumstances. All examples are hypothetical and are for illustrative purposes. Calculator results are estimates based on information you provided and California Credit Union does not guarantee your ability to receive these terms. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.