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This calculator is for general education purposes only and is not an illustration of current Navy Federal products and offers.

How This Calculator Works

See how much you could pay in closing costs—or settlement charges—based on your estimated interest rate and loan terms. After you apply for your loan, we’ll give you an official Loan Estimate with more precise charges.

More About Closing Costs

How much are closing costs?

Closing costs are typically 2% to 4% of the loan amount. They vary depending on the value of the home, loan terms and property location, and include costs such as mortgage insurance, property taxes, title fees and other property-related fees.

Does the buyer or seller pay the closing costs?

Typically, the buyer is responsible for closing costs, but your real estate agent can help you negotiate closing costs covered by the seller to include in your purchase agreement.

When will I know the closing costs?

When you apply for a mortgage, you will receive a Loan Estimate within 3 business days of submitting a completed application. This estimate can give you confidence that you are prepared and have calculated closing costs correctly. Three business days before closing, you will then receive a Closing Disclosure with the final closing cost amount.


This content is intended to provide general information and shouldn't be considered legal, tax or financial advice. It's always a good idea to consult a tax or financial advisor for specific information on how certain laws apply to your situation and about your individual financial situation.