Closing Cost Calculator
Know exactly how much cash you need at closing. NJ requires an attorney — we've included all NJ-specific fees and prepaids.
Purchase Details
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Lender Fees
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Third Party Fees
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Prepaid / Escrow
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Total Cash Needed at Closing
$108,075
Down Payment
$90,000
Closing Costs
$18,075
4.0% of price
Cost Breakdown
Lender Fees$4,100
Origination Fee$3,600
Appraisal$500
Third Party$9,700
Inspection$450
Title Insurance$2,250
Title Search$350
Attorney$1,500
Recording$250
Survey$400
Escrow$4,500
Prepaids$4,275
Prepaid Taxes$2,475
Prepaid Insurance$1,800
Total Closing Costs$18,075
Who Pays Closing Costs in NJ?
Buyer Typically Pays
- Loan origination & application feesCharged by your lender
- Appraisal fee$400–$600 in NJ
- Home inspection$350–$600 depending on size
- Title search$200–$400
- Lender's title insuranceRequired by lender
- Attorney fee (buyer's attorney)NJ requires attorney — $1,000–$2,000
- Recording feesCounty charges to record the deed
- Survey$300–$500
- Prepaid property taxes2–6 months into escrow
- Prepaid homeowner's insuranceUsually 12 months upfront
- PMI (if < 20% down)Private mortgage insurance
Seller Typically Pays
- Real estate commissionsListing agent + buyer's agent (varies by plan)
- Owner's title insuranceNJ custom: seller pays owner's policy
- NJ Realty Transfer Fee$2 per $500 of sale price (varies by county)
- Attorney fee (seller's attorney)NJ requires attorney — $1,000–$1,500
- Mortgage payoffRemaining balance on seller's loan
- Home warranty (if offered)Optional — $400–$600
- Repair creditsNegotiated after inspection
- Prorated property taxesSeller's share through closing date
- Outstanding HOA duesIf applicable
NJ Tip: In New Jersey, both buyer and seller are required to have their own attorney at closing. Closing costs for buyers typically run 2–5% of the purchase price. Some costs are negotiable — contact Nadia to understand what you can ask the seller to cover.