Closing Cost Calculator

Name: 719 Lending
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Seller Concession Calculator

Purchase Price ($) * Here you will input the purchase price of your new home.

Loan Amount ($) * Enter the loan amount from your lender. For example, if your purchase price is $500,000 and you’re putting 10% down, your loan amount would be $450,000.

Interest Rate % * Input your estimated interest rate. If you’re unsure, please speak with a loan officer or visit our "Rates and Market" section of our website to get an idea of current rates.

What day of the Month are you Closing (1st-31st) * Enter the day of the month you’re closing.

For example, if you close on the 1st, you pay 31 days of interest.
If you close on the 31st, you pay 1 day of interest.

Discount Point % * If you’re buying down your interest rate, enter the percentage you are paying here—this represents the cost for the buydown, not the rate you are getting. Foe example, if you are paying 1 point in discount fees, add "1" here. For a Temporary Buydown, use the Temp Buydown Calculator in the "Calculate" section of our website.

Colorado Avg. Closing Costs * In Colorado, the average base closing costs are $4,200. This covers county recording fees, transfer taxes, title fees, appraisals, etc.This does not include your escrows or discount points

Override Base Closing Costs * Click here to input custom base closing costs instead of using auto-calculated values.

Enter Custom Base Closing Costs ($):

Temporary Buy Down ($) click here

We see you have entered a Temporary Buydown amount.

Colorado Closing Costs: $4,200 i This is the auto-calculated or manually entered base closing costs.

Estimated Escrows: $0 i 16 months of taxes and insurance, calculated at 0.0064% of the purchase price.

Prepaid Interest: $0 i Prepaid interest is pro-rated based on the number of days you will own the home in the first month. If you close on the 1st, you pay 31 days of interest. If you close on the 31st, you pay 1 day of interest.

Discount Point: $0 i If you are buying down your rate, this cost is in addition to your standard closing costs. The calculation is based on the percentage selected above.

Temporary Buydown: $0 i This is your entered Temporary Buydown cost. It will be added to your Grand Total below.

Grand Total: $0 i Sum of all calculated costs above.