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.