Home Purchase Closing Costs (Buyer)
Buyer closing costs are the single most negotiable fee on a mortgage. Lender shopping alone can save 1% of home price.
Use this page as a benchmark, not as a guaranteed quote or eligibility promise. The price, rate, fee, coverage, or feature set can change with location, customer profile, promotional timing, scope, and provider terms. Compare the current source disclosure before you buy or sign.
FairPrice Guru keeps the benchmark separate from the provider's marketing. A higher price is not automatically unfair when it buys more coverage or a better scope, and a lower headline price is not automatically better when fees, restrictions, or missing features change the real cost.
Price and terms
- Typical: $3 % of home price
- Typical range: $2–$5
What this fee covers
Origination, appraisal, title insurance, escrow, prepaid taxes and insurance, recording.
Hidden fees to watch
- Discount points (optional)
- Application fee
- Underwriting fee
- Wire transfer fee
- HOA transfer fee
Ways to pay less
- Get 3 Loan Estimates side-by-side (LE = federal form)
- Section A fees are lender-negotiable
- Section B (services borrower cannot shop) is fixed
- Section C — shop these services yourself
Official source · Last verified 2026-07-04