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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.

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

Zillow data show 67% of sellers reported paying some or all of the buyer’s closing costs in the final offer they accepted in 2025.

From MarketWatch • Apr. 3, 2026

There were no closing costs or other fees.

From "Drama High" by Michael Sokolove

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