Texas Buyer Closing Cost Calculator
Estimate your down payment, loan costs, prepaid expenses, credits, cash to close, and monthly housing payment. Enter the amounts from your lender, title company, insurance provider, and real estate documents for the most reliable result.
Texas title basic premium rates effective March 1, 2026.
1. Report and Buyer Information
2. Purchase and Loan Information
3. Mortgage Program Costs
4. Taxes, Insurance, and Prepaid Expenses
5. Lender and Settlement Costs
Texas Title Insurance
6. Credits and Deposits
7. Custom Buyer Costs
Frequently Asked Questions
How is estimated cash to close calculated?
Cash to close combines your down payment (or equity gap for assumptions), net closing costs after credits, minus any earnest money, deposits, down payment assistance, and seller tax-proration credits. The result is the estimated amount you need to bring to closing.
What closing costs does a Texas buyer normally pay?
Texas buyers typically pay for the lender's title policy, appraisal, credit report, lender fees, prepaid interest, property tax reserves, insurance reserves, recording fees, and inspection costs. In the Houston area—including Conroe, Magnolia, The Woodlands, Spring, Tomball, Humble, Kingwood, and Hockley—title insurance rates are set by the Texas Department of Insurance.
How does the VA funding fee affect my loan?
The VA funding fee is a one-time cost that can be financed into the loan or paid at closing. The rate depends on your down payment amount and whether it is your first or subsequent use of the VA loan benefit. Veterans with a service-connected disability rating may be exempt.
How is FHA mortgage insurance calculated?
FHA loans require an upfront mortgage insurance premium (UFMIP) of 1.75% of the base loan amount, plus an annual MIP that varies by loan term, LTV, and loan balance. The monthly MIP is included in your housing payment for the applicable duration.
Who pays for title insurance in Texas?
Title insurance premiums in Texas are regulated by the Texas Department of Insurance. The buyer typically pays for the lender's title policy, while the seller may pay for the owner's policy. This is negotiable in the purchase contract.
Is this calculator the same as a lender's Loan Estimate?
No. This calculator provides an educational estimate for planning purposes only. It is not a Loan Estimate, Closing Disclosure, or loan approval. You must verify all figures with your licensed mortgage lender, title company, and insurance provider.