Plan closing costs with clear fee breakdowns. Model credits, financed fees, and discount points easily. Export results to share with advisors and borrowers securely.
| Scenario | Loan | Points | Lender fees | Third-party | Credits | Cash costs |
|---|---|---|---|---|---|---|
| Sample refinance | $250,000 | 1.00% | $3,535.00 | $3,105.00 | $0.00 | $6,640.00 |
| Low-fee offer | $250,000 | 0.00% | $1,840.00 | $2,950.00 | $750.00 | $4,040.00 |
| Fees financed | $250,000 | 1.00% | $3,535.00 | $3,105.00 | $0.00 | $4,640.00 |
Examples are illustrative and may differ by lender, region, and loan type.
This tool supports comparison and planning only. Confirm line items with your loan estimate and local rules.
Lender fees are the charges the lender sets and collects, including origination, points, underwriting, and processing. Origination is often shown as a percentage of the loan, while other items are flat amounts. Borrowers often see lender line items add up to a few thousand dollars on a typical mortgage, depending on loan size and program. This calculator groups those items so you can compare offers using consistent categories.
Third-party costs come from providers needed to close, such as appraisal, title and settlement, recording, and required reports. Title and settlement can be a large component because it may combine search work, insurance, and closing services. Escrow deposits are shown separately because they are reserves for taxes and insurance, not a fee, yet they can change the cash you bring to closing.
Some fees can be financed into the balance, reducing cash due today while increasing the amount borrowed. When you enter financed fees, the tool adds them to the loan amount and recalculates payment using your selected rate. Cash closing costs are reduced by financed fees and lender credits, but never below zero. Use this to balance upfront cash targets against longer-term payment impact.
Discount points are prepaid interest expressed as a percent of the loan amount, so 1.00% on a 250,000 loan equals 2,500 paid up front. In exchange, the rate may drop, lowering monthly payment. Break-even months estimate how long it takes payment savings to recover the points cost: points cost divided by monthly savings between the "no points" and "with points" payments.
Offers with similar note rates can still differ in upfront charges. The fee-adjusted rate estimate approximates the rate that makes the payment stream match the net amount you effectively receive after prepaid lender charges and credits. Treat it as a comparison signal rather than a disclosure, and pair it with cash-to-close and break-even when reviewing quotes. It standardizes offers with different fee mixes. Use the breakdown table to verify every line matches your loan estimate.
No. Closing costs usually include lender fees plus third-party services, recording charges, escrow deposits, and other required items.
A lender credit reduces cash due at closing, often in exchange for a higher rate. It can help near-term affordability while increasing monthly cost.
Financing fees lowers cash today, but increases the balance and can raise total interest. Compare "amount borrowed" and monthly payment to judge the trade-off.
Use percent when the charge is stated as a percentage of the loan amount. Use fixed when it is a flat dollar figure in your estimate.
It estimates how long monthly savings need to recover the upfront points cost. If you expect to refinance or move sooner, points may not pay back.
Not exactly. It is an approximation for comparisons. Official APR disclosures can include additional items and follow regulatory calculation rules.
Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.