Who can use this calculator?

Anyone shopping for a home loan in Illinois, Indiana, Tennessee, or Alabama can use this calculator for free. There is no signup required.

Is the estimate the same as a preapproval?

No. This calculator gives a math-based estimate. A real preapproval requires Kim Dobyns to review your full credit, income, assets, and debts — schedule one by calling (630) 660-3539.

How is PMI / MIP calculated?

Conventional PMI uses tiered rates by credit score and LTV. FHA MIP is 1.75% upfront + roughly 0.55% annually on most loans. USDA charges a 1% upfront fee + roughly 0.35% annually. VA has no monthly mortgage insurance.

Closing Costs Estimator | Kim Dobyns

⚠ Important Notice: These Numbers Are Estimates Only

The figures shown in this calculator are rough educational estimates and are not indicative of what your actual closing costs will be. Closing costs vary significantly based on:

Loan type — FHA, VA, USDA, and Conventional loans each have different fees, mortgage insurance structures, and requirements
Property location — State and county transfer taxes, recording fees, and attorney requirements differ widely between Illinois, Indiana, Tennessee, and Alabama
Purchase price and loan amount — Title insurance premiums, lender fees, and other costs scale with your transaction
Lender — Origination fees, processing fees, and discount points vary by lender
Property taxes and insurance — Escrow amounts depend on your actual property tax bill and insurance premium quotes
Down payment and seller credits — These directly affect your cash to close

Your official Loan Estimate will be provided within 3 business days of submitting a loan application and will reflect your actual costs based on your specific transaction. The Loan Estimate is the document you should rely on — not this calculator.

This tool is provided for general educational planning purposes only and does not constitute a Loan Estimate, Good Faith Estimate, or commitment to lend. Kim Dobyns, NMLS #204859 · Union Home Mortgage Corp., NMLS #2229 · Equal Housing Lender.

Closing Costs Estimator

Fill in your details — every line item is editable. Use the checkboxes to include or exclude any fee. Uncheck a row to remove it from your total.

Start Here — Enter Your Transaction Details

Purchase Price

Down Payment ($)

Loan Type

Purchase State

Interest Rate (%)

Annual Property Tax ($)

Annual Homeowner's Ins ($)

First-Time Buyer?

Closing Costs Estimator

Start Here — Enter Your Transaction Details

Your Estimate