What you’ll actually need at the closing table, using the real transfer taxes and title rules for the state you’re buying in — not a national rule of thumb. Licensed as a mortgage lender/broker in California, Colorado and Virginia, and as a mortgage broker in Florida.
These are statute. They don’t vary between providers.
Ranges. Your Loan Estimate will give exact figures within three business days.
Commonly 2% to 5% of the purchase price for a buyer, but the range is wide because the largest items are set by state law. Florida charges documentary stamp tax on the deed and again on the loan, plus an intangible tax. Colorado charges one cent per $100. That difference alone can be several thousand dollars on the same purchase price, which is why this estimator asks which state you are in.
Both pay some. By custom the seller usually covers the transfer tax on the deed and the owner's title policy in much of Florida and Southern California, while the buyer covers lender fees, the loan-related taxes, and the escrow deposit. Custom is not law though — who pays what is written into the purchase contract and is negotiable.
On a purchase, generally no — but there are two ways to avoid paying them in cash. The seller can pay them as a concession, within limits set by the loan program, or the lender can credit them in exchange for a slightly higher rate. On a refinance, costs can usually be added to the new loan balance.
Your down payment plus closing costs and prepaid items, less your earnest money deposit and any credits from the seller or lender. It is the figure on your Closing Disclosure and the number that actually matters on the day.
This is an estimate for planning, not a quote, a rate lock, or a commitment to lend. Transfer taxes and recording fees are current for 2026 and set by each state; city and county rules can add more, particularly in charter cities in California and resort towns in Colorado. Title, escrow and lender fees vary by provider. Property taxes and insurance depend on the specific property. Your Loan Estimate and Closing Disclosure are the documents that govern.
Send us the address and price and we’ll put together an actual Loan Estimate — itemised, for your county, with no obligation.