closing costs

American  

plural noun

Personal Finance.

1. fees charged to a purchaser by a bank, lawyer, etc. for services related to a sale, as title search, appraisal, etc.

2. any expenses over the purchase price of a house, land, etc., that is paid by the purchaser or seller at the completion of the sale.

---

Example Sentences

See Examples For:

closing costs

Kobliner: If you’re going to move in two or three years, the cost of moving and closing costs can outweigh the benefit of buying, and maybe the home price won’t go up.

From MarketWatch ● Oct. 22, 2026

On a $450,000 home, 20% is $90,000, and even 5% is more than $20,000 plus closing costs, which is hard to save after a job loss or foreclosure.

From MarketWatch ● Oct. 14, 2026

And nearly half of sellers are giving concessions to buyers to get deals done, such as offering to cover closing costs or giving money for repairs.

From The Wall Street Journal ● Oct. 14, 2026

In August, 45% of home sellers gave concessions to buyers, such as offering to cover the closing costs or handing the buyer money for repairs.

From The Wall Street Journal ● Oct. 11, 2026

There were no closing costs or other fees.

From "Drama High" by Michael Sokolove

Random Word

Spin the wheel and learn a new word!

---