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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.

Incentives can range from offering mortgage-rate buydowns to free closing costs, or free upgrades on appliances.

From MarketWatch • Feb. 2, 2026

They bought the house in December for about 4% below the listing price, and the seller covered some of their closing costs.

From The Wall Street Journal • Jan. 14, 2026

Their builder discounted the home’s price and contributed toward their closing costs, he said.

From The Wall Street Journal • Dec. 19, 2025

He would obviously have to include private mortgage insurance, property taxes, closing costs, lawyer fees etc., into the bargain too.

From MarketWatch • Dec. 15, 2025

There were no closing costs or other fees.

From "Drama High" by Michael Sokolove