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.
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 Guild Gateway to Homeownership A lender credit of up to $5,000 for eligible homebuyers in specific census tracts to help pay closing costs. Kelsey Neubauer, CNBC, 2 Dec. 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 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 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 16 Dec. 2024.

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!