Closing Cost & Moving Deposit Calculator

In addition to your down payment (typically 10-20%), you need 2-5% of the home price for closing costs, plus prepaid property taxes, homeowner's insurance, and per-diem interest. For a $400,000 home with 20% down, total cash needed is typically $95,000-$110,000.

Closing costs include: loan origination fee (1% of loan), appraisal ($400-$600), title insurance (0.5% of home price), title search ($300), recording fees ($150), survey ($500), attorney fees ($500), home inspection ($400-$500), credit report ($50), and flood certification ($20). Total: 2-5% of home price.

Prepaid items include: 6 months of property tax escrow, 12 months of homeowner's insurance (paid upfront), and per-diem interest from closing date to month-end. These typically total $3,000-$8,000 depending on home price and tax rate.

Most U.S. states allow landlords to charge up to 1 month rent as security deposit. Some states also allow last month rent upfront. Pet deposits are typically $200-$500 (refundable) or $10-$30/month (non-refundable pet rent). Use our calculator to estimate your total move-in cost.

FHA loans allow you to roll closing costs into the loan (seller concessions up to 6%). Conventional loans allow lender credits (higher interest rate in exchange for lower closing costs). VA loans allow some closing costs to be rolled in. However, you still need the down payment in cash.