Deposit, fees, legal work and moving costs in one total.
A worked example
Starting figures
- Price
- $380,000
- Closing costs
- 3%
- Deposit
- $76,000
- Moving costs
- $2,500
What it returns
- Cash needed at closing
- $89,900
- Closing costs
- $11,400
- Deposit
- $76,000
- Moving
- $2,500
How to read the results
Fees are a percentage of the purchase price, added to deposit and fixed costs.
With the defaults above, cash needed at closing works out at $89,900.