Online Help for Real Estate Calculator Suite  :  Table of Contents

Estimated Closing Costs Calculator

Real Estate Calculator Suite allows you to quickly calculate, preview and print a detailed report of estimated closing costs associated with a mortgage.

As you enter the purchase transaction variables in the white edit boxes on the Estimated Closing Costs Calculator the results are simultaneously calculated and displayed. This is not a Good Faith Estimate (which you will receive from your lender), but it's a great tool for getting a good estimate of what your closing costs may be.

NOTE: The results generated by the Estimated Closing Costs Calculator are based upon the financial values you enter. These items are estimates of the charges you are likely to incur at settlement. These are only estimates. Your actual charges may vary. Your purchase may not involve a fee for all of these items or it may include other items not indicated by the Estimated Closing Costs Calculator

The HUD-1 Settlement Statement which you will receive at the time of settlement will show your exact costs for all items paid at settlement. You can learn more about your legal rights as a home buyer and the importance of the HUD-1 Settlement Statement at the Federal Department of Housing and Urban Development's website where you can learn about RESPA, the Real Estate Settlement Procedures Act, which protects home buyers.

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