Closing Cost Calculator Prompt
Prompt
Calculate closing costs for buyer and seller with detailed breakdown. [PASTE: Sale price, loan details, state/local costs, closing date, fees] 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 it works
Accurate disclosure prevents surprise and supports budget planning. Builds trust and prevents disputes.
Watch out for
Underestimating fees creates funding shortfalls. Use actual lender sheets and verify with third parties.
Used by
Finance TeamsSales Reps