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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

To buy a mobile home in the price range of the one you’re referencing, you’ll need enough money for the down payment, closing costs and land rent.

From MarketWatch • Dec. 31, 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

Resellers and lenders usually pass at least some of these fees onto borrowers in closing costs.

From The Wall Street Journal • Oct. 2, 2025

There were no closing costs or other fees.

From "Drama High" by Michael Sokolove