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
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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 That’s because many homebuilders have affiliate lenders that can offer better rates or subsidize some of a buyer’s closing costs using a small portion of the builder’s profits. Richard J. Chang, Forbes, 23 Sep. 2024 CrossCountry Mortgage benefits and discounts CrossCountry Mortgage offers a variety of unique programs for homebuyers. CCM Community Promise First-time homebuyers in 15 major cities — including Miami, New York and Chicago — may be eligible for up to $6,500 toward a down payment or closing costs. Kelsey Neubauer, CNBC, 23 Sep. 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 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 Nov. 2024.

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