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, don’t forget your closing costs, which can include a loan processing fee and insurance fees, among others, usually totaling 3% to 6% of the purchase price. Hanna Howard, CNBC, 12 June 2025 In addition, the Joneses paid $3,000 in closing costs for the original HEC. Jeff Lazerson, Oc Register, 12 June 2025 Sellers could also consider offering a concession, which would cover parts of the buyer’s closing costs. Kristine Gill, Better Homes & Gardens, 2 June 2025 While helping the homeless, the omnibus bill also calls for a first-time homeowner’s savings account that can be used for a down payment or closing costs when purchasing a home. Christopher Keating, Hartford Courant, 28 May 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 18 Jun. 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!