Closing Cost Calculator for First Time Buyers

By
Real Estate Agent with Dogwood Real Estate Services

Hey all of you first time buyers! Are you having a hard time knowing what it may cost you to close on a home?

Most sites deal with mortgage calculators which will give you an approximate monthly payment. But this Closing Cost Calculator will tell you what to expect in up front closing costs.

If you are unfamiliar with the term Closing Costs, I have linked you to Wikipadia so that you can read about it. This is a must read for new buyers, as it will give you the terminology for all of those fees on your closing statement. Welcome Home

After playing with the Closing Cost Calculator, you can move to the Mortgage Calculator to play with the numbers and estimate your monthly payments.

If you are serious about starting the process of buying a home, but feel like you don't have the information or confidence, these two links are a great place to start. With terms and definitions you will be knowledgeable in the process and gain the confidence to move forward.

If you need any further assistance, or would like to talk about these numbers and what they mean to you, just give me a call. I can sit down with you and privide you with a free consultaion and explain what you need to know.

Are you ready? Let's look at some homes!

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Topic:
Lending / Financial
Location:
North Carolina Henderson County
Groups:
Local Expert
Tags:
first time buyers
mortgage calculators
closing cost calculator

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Show All Comments
Rainer
177,269
Nicole Monary
Sellstate Next Gen Realty - San Diego, CA
Nicole Knows San Diego Neighborhoods

Jerri,

Thanks for the info.  Always helpful to have one of these for our buyers. 

Nicole

Feb 27, 2010 01:57 AM #1
Rainer
72,403
Jody Lautenbach
Century 21 Premier Associates - Pella, IA

Closing cost vary so much - great tip sheet.

Feb 27, 2010 02:07 AM #2
Rainmaker
238,247
Jerri McCombs, Broker
Dogwood Real Estate Services - Hendersonville, NC
Hendersonville NC Relocation

Yes, I really like this link. I think that with the closing cost calculator link and wikapedia's link, a buyer really can feel armed with confidence.

Thanks for the responses.

Feb 27, 2010 02:25 AM #3
Anonymous
Laura

Thanks so much for the information. It was very useful.

This mortgage calculator, https://tryhomeflow.com/mortgage-calculator, is a little bit more complete and it lets you add other costs like maintenance fees, so that you can have a better understanding of what you'd end up paying monthly.

All the best!

Laura

May 27, 2020 09:32 AM #4
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Rainmaker
238,247

Jerri McCombs, Broker

Hendersonville NC Relocation
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