closing costs

noun

: the extra amounts of money that people need to pay when they buy a house

Examples of closing costs in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Sellers will not have to pay any realtor commissions, or any of the extra closing costs associated with listing it. Kc Property Group, Kansas City Star, 5 Jan. 2025 Standout benefits: Borrowers who don’t close within 14 days may be eligible for a $250 credit toward closing costs. Kelsey Neubauer, CNBC, 27 Dec. 2024 These individuals are often contacted with offers to buy their timeshares at inflated values, but they are required to pay various fees upfront, such as taxes or closing costs, before any transaction can be completed. Kurt Knutsson, Cyberguy Report, Fox News, 24 Dec. 2024 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 See all Example Sentences for closing costs 

Dictionary Entries Near closing costs

Cite this Entry

“Closing costs.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closing%20costs. Accessed 15 Jan. 2025.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!