For the visual learner, here’s what closing costs could look like on a $400,000 home purchase using the calculator, above. For this example, let’s assume the buyer is making a 10% down payment ($40,000), has a 30-year term, paid one discount point, and locked in a 5% interest rate.

Total adjusted orgination charges	$5,100
Origination charge	$1,500
Charge for discount points	$3,600
Total other settlement services	$4,058
Appraisal	$300
Credit report	$50
Flood certification	$50
Tax service	$150
Title services	$350
Owner’s title insurance	$350
Government recording fees	$25
Transfer taxes	$50
Survey	$175
Pest inspection	$100
Initial escrow account deposit	$708
Prepaid interest	$750
Homeowner’s insurance	$1,000
Total estimated closing costs	$9,158

Remember, the table above is just an example. Closing requirements vary by state and fees vary from lender to lender and company to company.