Home & Housing
Closing costs
ˈkloʊzɪŋ kɔːsts
nounWhat does Closing costs mean?
Fees paid when finalizing a home purchase.
Example sentence
"Closing costs ran about 3% of the price."
American usage tip
Includes lender fees, title, taxes, escrow.
Home & Housing
ˈkloʊzɪŋ kɔːsts
nounFees paid when finalizing a home purchase.
"Closing costs ran about 3% of the price."
Includes lender fees, title, taxes, escrow.