Trying to figure out estimating closing cost and we have heard that you should estimate 1.5% of the sale price of the home. 

When estimating closing costs at 1.5% does that include the taxes and home insurance for an impound account?

@Robert Williams Closing costs depends on a few things, like location, are you closing with cash, etc.

I always budget 5% cause usually that is the most it ends up being!