Closing Cost Calculator

Estimate all the costs associated with buying or selling a home. Understand what you'll need to pay at closing in Rwanda and East Africa.

Property Details

Enter basic property information

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Buyer Closing Costs

Customize buyer fees and expenses

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RWF
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Prepaid Items & Escrow

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RWF

Seller Closing Costs

Customize seller fees and expenses

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RWF

Total Buyer Costs

Your estimated closing costs

RF 3,383,333

6.77% of home price

Total with Down Payment

RF 13,383,333

Buyer Cost Breakdown

Loan Origination Fee

1% of loan amount

RF 400,000

Appraisal Fee

Property valuation

RF 150,000

Credit Report Fee

Credit check

RF 50,000

Title Search Fee

Title verification

RF 200,000

Title Insurance

0.5% of home price

RF 250,000

Property Survey

Land survey

RF 300,000

Home Inspection

Professional inspection

RF 250,000

Attorney Fees

Legal services

RF 500,000

Recording Fees

Government recording

RF 100,000

Transfer Tax

1% of home price

RF 500,000

Property Tax (Prepaid)

6 months prepaid

RF 250,000

Home Insurance (Prepaid)

12 months prepaid

RF 300,000

Escrow Deposit

2 months reserve

RF 133,333
TotalRF 3,383,333

Seller Cost Breakdown

Real Estate Commission

5% of home price

RF 2,500,000

Attorney Fees

Legal services

RF 400,000

Title Fees

Title preparation

RF 150,000
TotalRF 3,050,000

Cost Summary

Home PriceRF 50,000,000
Down PaymentRF 10,000,000
Buyer Closing CostsRF 3,383,333
Total Cash NeededRF 13,383,333

Important Notes:

  • Closing costs typically range from 2-5% of home price.
  • Some costs may be negotiable between buyer and seller.
  • Actual fees may vary based on location and lender.
  • Ask your lender for a Loan Estimate for exact costs.