Closing Costs Calculator
Estimate total closing costs when buying a property, including taxes, fees, and prepaid items, across the US, UK, India, Canada, and Australia.
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How to use this calculator
- 1
Select your country from the dropdown.
- 2
Enter the property purchase price.
- 3
Enter your loan or mortgage amount.
- 4
Indicate whether you are a first-time buyer to check for available reliefs or rebates.
- 5
Review the itemised breakdown of closing costs.
Frequently asked questions
What does this tool add up for each country?
This tool uses one fixed list of items per country, shown line by line in the result: for the US an origination fee, appraisal, title insurance, recording, prepaids and a transfer tax; for the UK stamp duty, a conveyancer and a survey; for India stamp duty, registration and legal fees; for Canada Ontario land transfer tax plus legal, inspection and title insurance; for Australia stamp duty, conveyancing, inspection and mortgage registration. Anything not on that list is not counted.
Are the rates and fees current or official?
They are the figures built into this tool, such as 0.75% for the US origination fee or 5% for Indian stamp duty, and they carry no date. Governments change tax thresholds and rates, and lenders and professionals set their own fees, so check the official source or a written quote before relying on any line.
Where does the loan amount matter?
Only in the US, where the origination fee is 0.75% of the loan. On a $400,000 purchase, a $320,000 loan gives total costs of $10,950, and a loan of 0 gives $8,550 because that fee disappears. The UK, India, Canada and Australia calculations ignore the loan amount, so no lender fee is included for them.
What does the first-time buyer setting change?
In the US it removes the 0.2% transfer-tax line; in the UK it uses the first-time-buyer bands up to a price of £625,000, and above that price the standard bands apply (so £700,000 gives the same £25,400 either way); in Canada it takes up to CA$4,000 off the Ontario land transfer tax. India and Australia ignore the setting.
Why is a percentage of price shown only for the US?
Only the US result includes an “As % of Purchase Price” line. For a price of 0 it shows “n/a” rather than dividing by zero. For other countries you can divide the total by the price yourself: on the UK example below, £15,400 on £500,000 is 3.08%.
Which region does each country use?
One schedule per country. Canada uses an Ontario land transfer tax table, Australia uses a flat 3.5% labelled NSW, and the US and India use single percentage rates. Real taxes vary by state, province, city and property type, and extra local taxes, such as a municipal transfer tax in some cities, are not included.
What is left out of the total?
Agent or estate-agent commissions, moving costs, mortgage insurance or points, ongoing property tax, ongoing insurance, valuation differences and any fees from lawyers beyond the single built-in estimate. Costs paid by the seller are not counted either.
Why do the symbols look different from my currency?
The tool prints its own symbol for the country you select ($, £, ₹, CA$ or A$). The numbers are not converted between currencies, so enter the price in the currency of the chosen country.
Closing and settlement costs: what the tool adds up
The line items built into each country
Every country has a short fixed list, and the result shows each line separately. Percentages are taken from the purchase price except for the US origination fee, which uses the loan. The table sets out the items and amounts exactly as they are coded in this tool; they are not published rates, and real taxes and fees differ by place and change over time.
| Country | Items and built-in amounts |
|---|---|
| United States | 0.75% of loan origination, 550 appraisal, 0.75% of price title insurance, 200 recording, 1% of price prepaids, 0.2% transfer tax (not applied for first-time buyers) |
| United Kingdom | Stamp duty on bands (nil to 250,000, 5% to 925,000, 10% to 1,500,000, 12% above; first-time bands nil to 425,000 and 5% to 625,000), 2,000 conveyancer, 900 survey |
| India | 5% stamp duty, 1% registration, 10,000 legal fees |
| Canada | Ontario land transfer tax bands (0.5%, 1%, 1.5%, 2%), first-time rebate up to 4,000, 1,500 legal, 500 inspection, 300 title insurance |
| Australia | 3.5% stamp duty, 1,800 conveyancing, 500 inspection, 200 mortgage registration |
Results for sample purchases
The next table shows runs for different countries and first-time-buyer settings, with the percentage worked out from each total and price. The two UK rows at £500,000 differ by £8,750 of stamp duty alone, while at £700,000 the relief is not available and both settings return £25,400.
| Purchase | Total | Share of price |
|---|---|---|
| US $400,000, loan $320,000 | $10,950 | 2.74% |
| US $400,000, loan $320,000, first-time buyer | $10,150 | 2.54% |
| UK £500,000, standard | £15,400 | 3.08% |
| UK £500,000, first-time buyer | £6,650 | 1.33% |
| UK £700,000, either setting | £25,400 | 3.63% |
| India ₹5,000,000 | ₹310,000 | 6.20% |
| Ontario CA$650,000, standard | CA$11,775 | 1.81% |
| Ontario CA$650,000, first-time buyer | CA$7,775 | 1.20% |
| Australia A$800,000 | A$30,500 | 3.81% |
Where the loan and the buyer status matter
Most lines depend on price alone. The US loan amount feeds one line, so removing the loan lowers a $400,000 purchase from $10,950 to $8,550. First-time buyer status changes a single line in the US, the UK and Canada and nothing in India or Australia. In Ontario, the CA$4,000 rebate is capped by the tax itself, so a CA$300,000 first-time purchase pays no land transfer tax and totals CA$2,300 from the three fixed fees.
Which lines drive each total
Outside the US the tax or duty line is the largest item in every example here. In the US example prepaids ($4,000.00) and title insurance ($3,000.00) lead, followed by the $2,400.00 origination fee. UK stamp duty is £12,500 of £15,400, India’s stamp duty is ₹250,000 of ₹310,000, Ontario land transfer tax is CA$9,475 of CA$11,775 for a standard buyer, and Australian stamp duty is A$28,000 of A$30,500. The fixed professional fees barely move as price rises.
What a quote will show instead
The tool gives a planning figure from fixed assumptions, so a lender’s written estimate or a conveyancer’s quote will differ, sometimes by a lot. Lender rules, tax thresholds and local fees change, and the professional handling your purchase governs the final amounts. Use the line-by-line result to see which items drive the total and ask for the same lines in a real quote.
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →