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Closing Cost Calculator

Finance Finance Ops Sales Rep Real Estate

The prompt

Calculate closing costs for buyer and seller with detailed breakdown.

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Steps: 1) Calculate lender fees 2) Calculate title and legal costs 3) Calculate prorations 4) Calculate buyer costs 5) Calculate seller costs 6) Calculate net proceeds/cost 7) Prepare disclosure for each party

Output: Closing cost statement by category, buyer/seller summaries, net proceeds/cost.

Why this works

Accurate disclosure prevents surprise and supports budget planning. Builds trust and prevents disputes.

Risks & review

Underestimating fees creates funding shortfalls. Use actual lender sheets and verify with third parties.