Florida Closing Costs Calculator
Estimate closing costs for buying a home in Florida. Average closing costs run 1.8% of the purchase price (about $7K on the median home).
Florida: Avg closing costs 1.8% of price. Transfer tax: 0.7%.
Lender Fees
$3,269
origination, underwriting
Third-Party
$3,425
appraisal, title, inspection
Government Fees
$2,765
transfer taxes, recording
Prepaids + Escrow
$7,548
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,844
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,275
Recording Fee$150
Transfer Tax$2,765
Prepaid Taxes (3 mo)$849
Prepaid Insurance (12 mo)$4,200
Prepaid Interest (15 days)$950
Escrow Reserves$1,549
Total Closing Costs$17,007
Florida Housing at a Glance
Median Home Price
$395K
Florida statewide
Property Tax Rate
0.86%
$283/mo on median
Avg Closing Costs
$7K
1.8% of purchase price
Homeowners Insurance
$4,200/yr
$350/mo
Florida First-Time Buyer Program
Florida Hometown Heroes
Down payment assistance: Up to 5% as 0% deferred loan