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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

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See Examples For:

But five years ago, he agreed to put $12,000 toward closing costs and part of the down payment for his son’s house.

From The Wall Street Journal Jun. 4, 2026

“With conventional loans, lenders usually allow gift money for some or all of your down payment, closing costs and financial reserves you’ll use to pay the mortgage,” Experian says.

From MarketWatch Jun. 2, 2026

“Enjoy limited-time incentives like paid closing costs and exceptional financing options!”

From Slate Apr. 20, 2026

After a deduction for closing costs, he owed tax on $137,083 from the sale of the Hull house.

From The Wall Street Journal Mar. 6, 2026

There were no closing costs or other fees.

From "Drama High" by Michael Sokolove

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