Closing Cost Calculator Texas

This advanced closing cost calculator for Texas helps homebuyers estimate the total expenses involved in purchasing a property. It includes Texas-specific fees and provides international comparisons to understand how closing costs vary globally.

Property & Loan Details

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The agreed-upon price for the property. In Texas, this is the base for calculating many fees.
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Percentage of purchase price paid upfront. In Texas, typical down payments range from 3% to 20%.
20% ($70,000)
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Annual interest rate for your mortgage. Current Texas rates vary based on credit score and loan type.

Closing Cost Details

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Enter the year for property assessment or model year. This affects tax calculations and some fee schedules.

Closing Cost Breakdown

Loan Origination Fee $1,750
Appraisal Fee $550
Title Insurance $1,200
Title Search & Exam $450
Attorney Fees $600
Survey Fee $450
Home Inspection $400
Recording Fees $125
Property Taxes (Prepaid) $1,850
Homeowners Insurance (Prepaid) $1,200
Escrow Fees $500
Credit Report Fee $50
Flood Certification $25
Pest Inspection $150
Total Estimated Closing Costs $9,300
Purchase Price: $350,000
Down Payment: $70,000
Loan Amount: $280,000
Closing Costs: $9,300
Cash to Close: $79,300

International Closing Cost Comparisons

Closing costs vary significantly around the world. Here’s how Texas compares to other countries:

United States (Texas)
2-5% of property value
Includes: lender fees, title insurance, appraisal, attorney fees
Canada
1.5-4% of property value
Includes: land transfer tax, legal fees, home inspection
United Kingdom
0.5-3% of property value
Includes: stamp duty, solicitor fees, survey fees
Australia
2-5% of property value
Includes: stamp duty, legal fees, inspection costs
Germany
10-15% of property value
Includes: property transfer tax, notary fees, land registry

Disclaimer: This closing cost calculator for Texas provides estimates based on typical fees and current market conditions. Actual closing costs may vary based on your specific transaction, lender requirements, and negotiation. The calculator includes Texas-specific fees but can be adapted for other regions. Always consult with a real estate professional, lender, or attorney for precise figures in your specific situation.

Successfully navigating the final stages of a property transaction requires precise budgeting for the various fees that accrue at settlement. Whether you are a first-time buyer or a seasoned investor, using a comprehensive mortgage closing cost calculator is the most effective way to aggregate lender fees and third-party charges into one clear estimate. For those specifically utilizing government-backed financing, an FHA closing cost calculator is essential to account for unique requirements like the upfront mortgage insurance premium.

Geography also plays a significant role in your total expenses; for instance, a California property settlement tool will highlight the significant transfer taxes typical of the West Coast, while a Florida home purchase fee estimator is better suited for calculating the Sunshine State's specific documentary stamps. In other regions, a closing cost analysis for Arkansas real estate, a Georgia transaction cost tracker, or an Ohio settlement expense breakdown can provide the localized data needed to ensure a surprise-free closing.

Even if you aren't buying a new home, staying informed with a refinancing closing cost calculator allows you to determine exactly when the savings from a lower interest rate will outweigh the upfront administrative costs of a new loan.

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