Kentucky Closing Costs Calculator
Estimate closing costs for buying a home in Kentucky. Average closing costs run 1.4% of the purchase price (about $3K on the median home).
Kentucky: Avg closing costs 1.4% of price. Transfer tax: 0.1%.
Lender Fees
$1,937
origination, underwriting
Third-Party
$2,500
appraisal, title, inspection
Government Fees
$210
transfer taxes, recording
Prepaids + Escrow
$4,176
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,512
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,350
Recording Fee$150
Transfer Tax$210
Prepaid Taxes (3 mo)$436
Prepaid Insurance (12 mo)$2,400
Prepaid Interest (15 days)$505
Escrow Reserves$836
Total Closing Costs$8,823
Kentucky Housing at a Glance
Median Home Price
$210K
Kentucky statewide
Property Tax Rate
0.83%
$145/mo on median
Avg Closing Costs
$3K
1.4% of purchase price
Homeowners Insurance
$2,400/yr
$200/mo
Kentucky First-Time Buyer Program
KHC Regular DAP
Down payment assistance: Up to $6,000 repayable loan