Multifamily Closing Cost Calculator
Estimate lender, third-party, title, legal, and brokerage costs — and your cash to close on 5+ unit deals.
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Commercial 5+ units — lender, third-party, and brokerage fees.
LTV 70.0%
$17,500 fee
$8,750 est.
$25,000
Property condition report
Total closing costs
2–3.5% — typical · 2.98% of price · 4.26% of loan
- Origination fee
- $17,500
- Title & escrow
- $8,750
- Brokerage
- $25,000
- Appraisal
- $4,500
- Environmental
- $2,800
- PCR / inspection
- $3,200
- Legal
- $8,500
- Survey
- $1,800
- Other
- $2,500
- Costs ex-brokerage
- $49,550
- Cash to close (down + closing)
- $824,550
- Down payment
- $750,000
- All-in basis
- $2,574,550
- Price
- $2,500,000
Reconcile with your LOE/term sheet — fees vary by state and product.
Cash to close = Down + closing costs. Commercial multifamily closing stacks lender origination, third-party reports (appraisal, Phase I, PCR, survey), title/escrow, and legal on both sides. Brokerage is often paid by seller or borrower — confirm in your LOI. Prepaids/escrows (taxes, insurance) are additional.
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What these numbers mean.
How this closing cost calculator works
Commercial multifamily closings stack more third-party reports than residential. This tool totals:
- Origination = Loan amount × Origination %
- Title & escrow = Price × Title % (adjust to your commitment)
- Brokerage = Price × Brokerage %
- Fixed line items: appraisal, Phase I environmental, PCR/inspection, legal (lender + borrower), survey, other/reserves
- Cash to close = (Price − Loan) + Total closing · All-in basis = Price + Total closing
Reconcile outputs against your lender's Loan Estimate and legal engagement letter. Third-party scopes vary by agency (Fannie DUS / Freddie Optigo), CMBS, bank, and bridge — see the closing checklist and 5+ unit basics guide.
Worked example: $2.5M acquisition, $1.75M loan
Price $2.5M, loan $1.75M (70% LTV), origination 1.0% ($17,500), title 0.35% ($8,750), brokerage 1.0% ($25,000), appraisal $4,500 + Phase I $2,800 + PCR $3,200 + legal $8,500 + survey $1,800 + other $2,500.
- Lender + third-party + title/legal/other ≈ $49,550
- Total closing with brokerage ≈ $74,550 (2.98% of price)
- Down $750,000 + closing $74,550 = $824,550 cash to close
Model leverage headroom next with the loan sizing and debt yield calculators, then request a free deal review to pressure-test your LOE.
Turn calculator output into a debt structure and lender match.