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.
This route involves going through the entire mortgage approval process, as well as paying closing costs — which include things like fees, taxes and title insurance — and typically run 2% to 5% of the new loan, according to Zillow. Sarah Agostino, CNBC, 19 June 2026 For homeowners who can secure a favorable rate and plan to stay in their home long enough to recoup closing costs, this can be an appealing choice. Kevin Cerveny, Kansas City Star, 15 June 2026 CalHFA’s Dream For All Shared Appreciation Loan The Dream For All Share Appreciation Loan, offered by the California Housing Finance Agency, gives first-generation homebuyers up to 20% of the purchase price for down payment and/or closing costs. Ryan Brennan, Sacbee.com, 10 June 2026 Buying a first home in Fort Worth or the surrounding Tarrant County area can feel out of reach, especially as down payments and closing costs add up. Fort Worth Star-Telegram, 10 June 2026 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 27 Jun. 2026.

Love words? Need even more definitions?

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

More from Merriam-Webster