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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The most common incentive sellers offer to attract buyers is assistance with closing costs.

From MarketWatch • Apr. 3, 2026

The couple had been hoping winnings from the bet would help with closing costs for the apartment they were buying at the time.

From The Wall Street Journal • Feb. 1, 2026

In terms of dollars, in 2024, the median home cost was $412,500, which means the potential homeowner would need $26,800 in cash to cover both the closing costs and a 3.5% down payment.

From MarketWatch • Dec. 16, 2025

With a VA loan, borrowers only need to cover standard closing costs, which are similar for both types of loans.

From The Wall Street Journal • Nov. 11, 2025

There were no closing costs or other fees.

From "Drama High" by Michael Sokolove