Homebuyers typically pay between of the home's purchase price in closing costs. For a $400,000 home, this equates to a range of $8,000 to $20,000 . While the exact amount varies based on your loan type and location, these costs are due at the final signing of your real estate transaction. Breakdown of Common Fees
Closing costs are a collection of fees from lenders and third parties involved in the sale. What Components Make Up Closing Costs? - Urban Institute