Estimate your total mortgage closing costs by state with this free closing cost calculator, including lender fees, title and transfer expenses, and prepaid items like insurance and escrow. Change the state to see how transfer taxes affect the total.
Your Loan
These are estimates for budgeting purposes only, not a Loan Estimate or a formal quote. Actual fees vary by lender, title company, and property. Your lender is legally required to provide a Loan Estimate within 3 business days of your application, which will show real figures for your specific loan.
Varies 0–1.5% by lender — always negotiate
Lender charge for processing your file
Lender administrative fee
Required by most lenders
Per borrower
Public records search
~0.5% of loan — required by lender
~0.25% of price — optional but recommended
County/municipality filing fee
Texas has no state transfer tax
May be waived if existing survey available
Based on assumed 6.5% rate — depends on close date
Typical estimate — get your own quote
Based on est. 1.2% annual rate — varies by county
Initial escrow cushion required by lender
Estimated Total Closing Costs
3.5% of loan amount
$11,110
Lender Fees
$3,625
33% of total
Third-Party Fees
$4,030
36% of total
Prepaids & Escrow
$3,455
31% of total
% of Loan
3.5%
of $320,000
Closing costs cover three types of expenses. Lender fees are what you pay the bank to process and fund your loan. Third-party fees pay for services the transaction legally requires: having the home appraised, searching the title history, insuring against title defects, recording the deed with the county, and in some states having an attorney present. Prepaids are not really fees at all — they're money collected upfront to fund your escrow account and cover interest from your closing date to your first payment.
State transfer taxes cause the biggest variation between locations. Delaware charges roughly 3-4% of the purchase price. Pennsylvania averages about 2%. Texas, Florida, and most western states charge nothing or very little. On a $400,000 home, that difference can swing the closing cost total by $8,000 or more just from the tax line.
Government loan programs (FHA, VA, USDA) charge an upfront fee that conventional loans do not. FHA's upfront mortgage insurance premium is 1.75% of the loan. VA charges a funding fee of 1.25-3.3% depending on your down payment and whether it's your first VA loan. Both can usually be financed into the loan balance, so they don't always require cash at closing.