There are many factors as to what you will pay in closing cost besides your down payment, but all of the big fees should be negotiated in the purchase contract as to who pays what. Usually the Seller pays for the Owners title policy and the Transfer Taxes, the Escrow fee is split 50/50. But everything is negotiable. You also have to consider what it cost to obtain the loan and what you will need to have in your impound account for your taxes and home owners insurance with the lender. You will always paid for 14 months in advance for Home Owners Insurance and depending on when the next taxes are due you will have to pay those and then have several extra months of taxes in the impound account for the lender to pay on your behalf. How many months you pay is determined by what month you purchase your new home. I tell my clients a good rule of thumb is 2.5 to 3% of the purchase price for the closing cost and then the down payment. That way there are NO surprises and they are happy that they did not have to spend that much and have money to buy something for their new home!