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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.

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

Some lenders offer free refinances with no closing costs as a way to keep your business.

From MarketWatch • Jan. 15, 2026

While some lenders may offer a rate adjustment or a refinance for free, others may require borrowers to pay a flat fee, closing costs or other fees.

From MarketWatch • Dec. 10, 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