Closing costs for homebuyers

Approximately 70% of closing costs that are variable are title-related, including the insurance premium and service charges. Try our online Quick Quote tool and our free app Close It! to calculate your closing costs today.

You will need more than just enough for the down payment to buy a home. As a general rule, you should tack on an additional 3% to 6% of the purchase price to account for closing costs. These fees can be sorted in the three buckets: lender fees, settlement fees and taxes.

READ THIS: Important info for closing

Settlement fees

Homebuyers can save on closing costs by comparing title fees and shopping around.

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Title insurance premiums

Review these charts to calculate your title insurance premium manually.

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Transfer / Recordation

Explore taxes you'll be expected to pay at closing in the District of Columbia, Maryland and Virginia.

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