How to Use closing costs in a Sentence

closing costs

noun
Definition of closing costsnext
  • The 2% is paid through closing costs and not as a payment to the borrower.
    — Anna Bahney, CNN, 25 Aug. 2023
  • The money can go to buy down mortgage rates or help with down payments and closing costs.
    — Michael Smolens, San Diego Union-Tribune, 8 May 2024
  • In that case, buyers will have to pay their own agent out of pocket, on top of a down payment and other closing costs.
    — Scott Horsley, NPR, 22 Mar. 2024
  • Many house hunters who are already stretched thin by record-high home prices and closing costs must now decide whether, and how much, to pay an agent.
    — Andrea Riquier, USA TODAY, 7 Oct. 2024
  • The gift letter indicated Nick would give his then-wife $5,000 to help with the closing costs, but Nick didn’t have the money.
    — Mikenzie Frost, Baltimore Sun, 4 Dec. 2024
  • Negotiate for the seller to pay a portion (or all) of closing costs.
    — Becca Stanek, The Week, 11 May 2023
  • Bank of America also earned high marks for its low closing costs.
    — Beth Decarbo, wsj.com, 14 Dec. 2023
  • The loan, which can be used for a down payment and closing costs, is structured as a second mortgage, which means it isn’t repaid month by month.
    — Karen Garcia, Los Angeles Times, 8 Apr. 2023
  • The loans, which can be used for down payments and closing costs, are structured as a second mortgage, which means they aren’t repaid month by month.
    — Jon Healey, Los Angeles Times, 5 Sep. 2023
  • Some builders are also covering up to tens of thousands of dollars in closing costs.
    — Alena Botros, Fortune, 19 Dec. 2023
  • How much are closing costs? Closing costs include lender and third-party fees, such as for the appraisal and title services.
    — Tribune News Service, Hartford Courant, 4 Jan. 2024
  • The cost of a credit report or score is even less relevant when looking at overall closing costs.
    — Paul Weinstein Jr., Forbes, 20 Nov. 2024
  • The list of worries includes high interest rates, large closing costs and rising upkeep prices.
    — Daniel De Visé, USA TODAY, 24 July 2024
  • Those include steps taken to reduce closing costs for home buyers, which the White House stresses can add thousands of dollars to a purchase and put it out of reach.
    — Jeff Stein, Washington Post, 7 Mar. 2024
  • Some programs even offer mortgages with no closing costs.
    — Kenny Parcell, Fortune, 10 Mar. 2023
  • The seller will pay six months of common charges and property taxes, not closing costs and six months of property taxes.
    — New York Times, 10 Mar. 2024
  • The credit card lets customers earn 5% back on purchases to go toward lower closing costs and down payments.
    — Jc Reindl, Detroit Free Press, 4 May 2023
  • Mosby used the money on down payments and closing costs for the Florida properties.
    — Alex Mann, Baltimore Sun, 23 Jan. 2024
  • Another perk: Builders are also offering to pitch in on closing costs.
    — Aly J. Yale, wsj.com, 19 Nov. 2023
  • Capital gains taxes on real estate will be based on the home's sale price (minus real estate fees and closing costs) minus the cost basis of the house.
    — David Rae, Forbes, 19 Dec. 2024
  • The homeowner pays nothing in commissions and closing costs.
    — Maria Williams, USA TODAY, 20 Apr. 2024
  • It can be used for down payments and closing costs, or even in conjunction with a separate but related program.
    — Chris Morris, Fortune, 8 Apr. 2024
  • Some programs extend their support to cover closing costs.
    — Tribune News Service, Hartford Courant, 4 Jan. 2024
  • What does Time to Own offer? Beneficiaries can receive financing to cover up to 20% of their down payment and up to 5% of their closing costs.
    — Gabby Debenedictis, Hartford Courant, 26 Nov. 2024
  • While buyers are typically burdened with the lion’s share of the closing costs, sellers also pay a fair share — $8,000, according to the survey.
    — Lew Sichelman, Miami Herald, 22 July 2024
  • Even in the unlikely event of a full-price offer, West stands to lose many millions of dollars on the property, once realtor fees and closing costs have been factored into the equation.
    — James McClain, Robb Report, 20 Dec. 2023
  • Some programs offer down payment assistance and help with closing costs.
    — Nerdwallet, cleveland, 10 Sep. 2023
  • Minority home buyers tend to pay more than others in closing costs when buying a home, an expense that can cost up to 1 percent of their loan, recent research has shown.
    — Tory Newmyer, Washington Post, 7 Dec. 2023
  • Perhaps buyers will have to start paying their agents’ commissions directly, or sellers will have to pay part of the closing costs as an incentive to buyers.
    — Jesse Sasomsup, Forbes, 26 Feb. 2024
  • Your credit score heavily impacts your mortage rate, and research reveals your credit score can even affect your closing costs.
    — Terri Williams, Forbes, 17 Sep. 2024

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'closing costs.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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