02 — Cash to close
Closing Cost Estimator
Itemized closing cost breakdown for both buyer and seller. Based on typical Illinois costs — lender fees, title, recording, transfer taxes, prepaids, and more.
Assumes typical Illinois-area costs
Transfer tax, title insurance, and recording fee rates vary a lot by state and even by county. This estimate uses Illinois-area defaults as a starting point — set your local transfer tax rate below and get an actual Loan Estimate from your lender before relying on these numbers.
Property details
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Remaining balance if selling
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Used for prepaid interest
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Enter only the buyer-paid local rate
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0.3% is the Illinois-area default
Buyer closing costs, line by line
Lender Fees
- Origination Fee (1%)
- $2,800
- Appraisal Fee
- $550
- Credit Report
- $50
- Flood Certification
- $25
- Tax Service Fee
- $80
Title & Settlement
- Title Insurance
- $1,750
- Title Search
- $350
- Settlement Fee
- $500
Government & Recording
- Recording Fees
- $200
- Transfer Tax
- $0
Other
- Survey Fee
- $400
- Attorney Fee
- $800
Prepaids & Escrow
- Prepaid Insurance (12 mo)
- $1,500
- Prepaid Taxes (~4 mo)
- $2,450
- Prepaid Interest (~15 days)
- $748
- Escrow Taxes (3 mo)
- $1,838
- Escrow Insurance (3 mo)
- $375
Seller closing costs, line by line
- Buyer Agent Commission (2.5%)
- $8,750
- Listing Fee (3%)
- $10,500
- Transfer Tax
- $1,050
- Attorney Fee
- $700
- Title Insurance (seller policy)
- $1,050
- Mortgage Payoff
- $0
- Misc Fees (HOA docs, courier, etc.)
- $500
Buyer total
$14,415
4.1% of home price
Seller side
- Total seller costs
- $22,550
- Net proceeds
- $327,450
These totals are ballparks built from typical fee schedules. Your Loan Estimate and Closing Disclosure are the numbers that count.
Want the full buying picture?
Turn this estimate into an offer-readiness workbook.
The Real Cost to Buy Workbook adds monthly burn, Conservative / Target / Stretch offers, seller proceeds, renovation risk, debt, paycheck planning, and a blunt offer verdict.
View the workbook · $29