closing costs

noun

: the extra amounts of money that people need to pay when they buy a house

Examples of closing costs in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
For instance, title insurance—one of the biggest closing costs for buyers—exists primarily because of the inefficiencies in verifying and transferring ownership. Natalia Karayaneva, Forbes.com, 24 Apr. 2025 Sellers will not have to pay any realtor commissions, or any of the extra closing costs associated with listing it. Kc Property Group, Kansas City Star, 23 Apr. 2025 The program provides forgivable loans for down payments and closing costs to qualified applicants to smooth the path to homeownership. Kenneth R. Gosselin, Hartford Courant, 21 Apr. 2025 These concessions, which effectively lower the cost of buying a home, can include money toward repairs, closing costs, and/or mortgage rate buydowns. Giulia Carbonaro, MSNBC Newsweek, 21 Apr. 2025 See All Example Sentences for closing costs

Browse Nearby Words

Cite this Entry

“Closing costs.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closing%20costs. Accessed 1 May. 2025.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!