Closing Cost Calculator
Get a clear picture of every dollar due at the closing table before you sign on your Miami property.
What This Calculator Does
Plug in a purchase price and the calculator tallies all the major closing expenses you can expect — title insurance, appraisal and attorney fees, transfer taxes, and other standard line items — so there are no surprises on closing day.
Who Is This For
Buyers putting together a realistic purchase budget, first-timers who need a full accounting of what homeownership actually costs to close, and anyone finalizing plans to purchase a Miami-area property.
How It Works
Enter the home's purchase price and choose a closing cost percentage that fits your scenario. The calculator will produce a total estimate you can use to plan your cash-to-close figure well in advance.
Frequently Asked Questions
What are typical closing costs in Florida?
Florida buyers and sellers generally see closing costs land between 2-5% of the purchase price. That figure covers title insurance, documentary stamps at $0.70 per $100, recording fees, and lender-related charges.
Who pays closing costs in Florida?
Both sides of the transaction carry costs. Buyers are typically responsible for lender fees, the appraisal, and a portion of title costs, while sellers customarily cover realtor commissions and the documentary stamps on the deed.
Can closing costs be negotiated?
Yes — certain line items have room to move. Lender origination fees, title insurance premiums, and seller concessions are all fair game for negotiation, so it pays to compare quotes and ask.
When are closing costs due?
All closing costs are settled at the closing table, which typically falls 30-45 days after the contract is accepted. Florida law requires that you receive a Closing Disclosure at least 3 days before closing so you can review the final figures.