Closing Cost, Down Payment & Mortgage Calculator | Rafael Ortiz, Compass RE

Rafael Ortiz · Compass RE · Jersey Shore, NJ

Closing Cost, Down Payment & Mortgage Calculator

Get a straight, ballpark number before we ever talk numbers for real. Adjust the sliders below — no email required.

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NJ buyer closing costs typically run 2–3% of the purchase price (attorney, title, inspection, appraisal, prepaids).
Estimated Cash Needed at Closing
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Down payment$0
Estimated closing costs$0
Loan amount (mortgage)$0
See the closing cost breakdown
Attorney fee$0
Title search & insurance$0
Appraisal & inspection$0
Recording & admin fees$0
Prepaids & escrows (taxes, insurance)$0

This is a ballpark estimate for planning purposes only, based on typical New Jersey buyer costs — it isn't a loan quote or a guarantee. Actual costs depend on your lender, town, and the specific home. Let's find the exact number together.

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Defaults to the Freddie Mac national average as of Aug 2026 — rates change weekly, so swap in your actual lender quote for a real number.
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Pre-filled at roughly 1.65% of price — the average effective rate across Monmouth & Ocean County. Every town is different, so swap in the actual bill if you have it.
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Estimated Monthly Payment
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Principal & interest$0
Property tax$0
Homeowners insurance$0
PMI (down payment under 20%)$0
HOA / association fees$0
Total monthly payment$0
What's PITI + PMI?
Your payment is Principal & Interest (paying down the loan), Taxes and Insurance held in escrow, and — if you put down less than 20% — PMI (private mortgage insurance, estimated here at 0.55% of the loan balance per year). Put 20% down and PMI drops off entirely.

This is a ballpark estimate for planning purposes only, not a loan quote, pre-approval, or commitment to lend. Your actual rate, taxes, insurance, and PMI depend on your lender, credit, and the specific home. Let's find the real number together.

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Commission is always negotiable — 5% is a common starting point split between both agents.
Estimated Net Proceeds
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Sale price$0
Agent commission$0
NJ Realty Transfer Fee$0
Attorney & misc. closing fees$0
Mortgage payoff$0
Net proceeds to you$0
How the Realty Transfer Fee is estimated
NJ's Realty Transfer Fee is a tiered, seller-paid state fee based on sale price (roughly 0.4%–1% depending on price). Sales of $1,000,000+ also owe the state's graduated Mansion Tax (1%–3.5%, seller-paid as of July 2025). Exemptions exist for seniors, veterans, and other cases — your closing attorney will confirm the exact figure.

This is a ballpark estimate for planning purposes only, based on typical New Jersey seller costs — it isn't a listing agreement or a guarantee of proceeds. Let's find the exact number together.

We've got this — let's take it one step at a time. I'll always give it to you straight on what this actually means for you.

Text or Email Rafael to Go Over Your Numbers
Rafael Ortiz · Compass RE · rafael@rafaelnjrealtor.com · 732-731-9058 · Serving Toms River, Brick, Point Pleasant, Asbury Park, Manasquan & the Jersey Shore