Closing costs
Closing costs in Florida
In Florida, an attorney is customarily involved in the closing, and Florida levies a transfer/deed tax of about 0.7%, customarily seller-paid. deed documentary stamp; customarily seller-paid, varies by county; buyer mortgage doc-stamp/intangible tax not modeled. Here's roughly what you'll pay and what each line is.
How much are closing costs in Florida?
Estimated buyer closing costs in Florida (on top of your down payment), for a single-family home with 10% down and good credit:
| Home price | Estimated closing costs |
|---|---|
| $300,000 | $6,880–$10,430 |
| $400,000 | $8,357–$12,457 |
| $500,000 | $9,833–$14,483 |
Illustrative estimates — a single-family home, conventional loan, 10% down, good credit. Your real figures come from your Loan Estimate and Closing Disclosure.
What's in your closing costs
- Lender fees — loan origination (~0.5–1% of the loan), plus the appraisal.
- Title insurance — a lender's policy (and usually an owner's policy) protecting against title defects.
- Prepaids & escrow — a year of homeowners insurance plus a couple months of property-tax escrow set aside up front.
- Recording & settlement — county recording fees plus the settlement agent (or attorney) who runs the closing.
Who closes, and transfer taxes, in Florida
Florida typically involves an attorney for parts of the closing (such as deed or title work).
Florida levies a transfer/deed tax of about 0.7%, customarily seller-paid. deed documentary stamp; customarily seller-paid, varies by county; buyer mortgage doc-stamp/intangible tax not modeled
The FHA loan limit in Florida is about $541,287.
Plan for the full cash to close
Closing costs are only part of the cash you'll need. The down payment is the rest. Map your full savings target:
See your real numbers for Florida
Answer a few questions and get your cash-to-close, monthly payment, and every step. Free, no account needed to start.
Start free — no account needed