- Down payment
- $30,000
- Loan amount
- $270,000
- Closing costs (2%–5% of loan)
- $5,400 – $13,500
- Estimated cash to close
- $32,400 – $40,500
A rule-of-thumb range. Your loan estimate and closing disclosure give the exact figures.
How this estimate works
It uses the common rule of thumb that buyer closing costs run about 2% to 5% of the loan amount, then adds your down payment and subtracts the earnest money you've already deposited. Your lender's loan estimate and your closing disclosure give the exact figures.
What's inside buyer closing costs
Neither Kansas nor Missouri has a state real estate transfer tax.
- Lender fees: origination, appraisal and credit
- Title insurance and settlement fees
- Recording fees
- Prepaid interest, homeowners insurance and the initial escrow deposit
Common questions
How can I estimate closing costs on a house?
Start with 2% to 5% of the loan amount, then replace the estimate with your lender's loan estimate once you apply.
Are closing costs out of pocket?
Usually, though a seller credit or lender credit can cover some, and some costs can be rolled into the loan.