New York Closing Cost Calculator

In New York, a buyer's closing costs usually run 2%–5% of the price and a seller's 6%–10%, mostly the agent commission. New York charges a real-estate transfer tax of about 0.4% of the sale price (a representative statewide rate — counties and cities can add more). Enter your sale price above and switch between buyer and seller for an itemized New York estimate.

For buyers, closing costs typically run 2%–5% of the home price — on a $400,000 home that's about $8,000–$20,000, most of it lender and title fees. For sellers, closing costs are usually 6%–10% of the price because they include the real-estate agent commission (about 5%–6%) plus title, settlement, and any state transfer tax. Enter your price above and switch between buyer and seller for a full itemized estimate.

Both do — but they pay different things. The buyer pays the lender's fees (origination, appraisal, credit report), title insurance, and prepaids; the seller pays the agent commission and, in most states, the transfer tax and owner's title policy. Many of these are negotiable, and buyers sometimes ask the seller for a 'closing cost credit' to cover part of their side.

A buyer's closing costs are usually 2%–5% of the purchase price, driven by the loan: origination is about 0.5%–1% of the loan amount, lender's title insurance about 0.5%, plus an appraisal ($300–$600), inspection, settlement/escrow fee, recording, and a survey. Add prepaids (property-tax and insurance escrow, prepaid interest) and you get your total cash to close.

A seller's closing costs typically total 6%–10% of the sale price. The real-estate agent commission (about 5%–6%, split between the buyer's and seller's agents) is by far the largest piece. On top of that come owner's title insurance, a settlement or attorney fee, deed recording, and — in about two-thirds of states — a transfer or conveyance tax.

Cash to close is the total amount a buyer must bring to the closing table: the down payment plus closing costs (and prepaids), minus any deposit already paid and any seller or lender credits. This calculator's buyer mode adds your down payment to the itemized closing costs to show that figure.

No — treat them as planning estimates. Lender fees, title quotes, and agent commissions are negotiable and vary by company, and transfer tax varies by county and city within a state. Your lender's Loan Estimate (issued within three days of applying) and the final settlement statement are the authoritative numbers.