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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.

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

From Slate • Apr. 20, 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

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

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