Finance Tools
Escrow Cost Calculator
Estimate total escrow-related costs at closing and your ongoing monthly escrow payment for tax and insurance.
Kept for context; this estimate focuses on escrow-related costs.
This estimates typical escrow-related costs people include at closing (escrow/settlement, title service, recording, etc.) plus your monthly escrow for tax and insurance.
Estimated Monthly Escrow (Tax + Insurance): $600.00
Monthly escrow = (Annual tax + Annual insurance) / 12
One-time Escrow-Related Closing Costs: $1650.00
Escrow/Settlement + Title + Recording + Other = $1200.00 + $300.00 + $150.00 + $0.00
Total Estimated (One-time + first month's escrow): $2250.00
Note: Actual closing statements may include escrow deposits/reserves and other local fees.
How to use this escrow cost calculator
- Enter the home price and (optional) loan amount.
- Enter annual property tax and annual homeowners insurance.
- Add one-time escrow/title costs (optional) to estimate total closing escrow-related costs.
- Review monthly escrow payment and total estimated costs.
Example
If annual property tax is $6,000 and insurance is $1,200, monthly escrow is $600. Add $1,500 in one-time escrow costs to estimate closing escrow-related costs.
- Monthly escrow payment = ($6,000 + $1,200) / 12 = $600
- Total one-time escrow-related costs = $1,500
- Estimated total (first month + one-time) = $2,100 (if you include first month's escrow)
More tools in Finance Tools
- Escrow Fee Calculator
Estimate escrow fees and monthly escrow payments (tax + insurance) for a home purchase or refinance.
- Escrow Tax and Insurance Calculator
Estimate monthly escrow payments from property tax and homeowners insurance, and compare monthly vs annual costs.
- Escrow Account Fee Calculator
Estimate monthly escrow account payments (tax + insurance) and optionally include a servicing/escrow account fee.
- Monthly Escrow Payment Calculator
Calculate your monthly escrow payment from annual property tax and homeowners insurance (and optional HOA).