Louisiana Closing Costs Calculator
Estimate closing costs for buying a home in Louisiana. Average closing costs run 1.6% of the purchase price (about $3K on the median home).
Louisiana: Avg closing costs 1.6% of price. Transfer tax: 0%.
Lender Fees
$1,829
origination, underwriting
Third-Party
$2,425
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$5,088
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,404
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,275
Recording Fee$150
Prepaid Taxes (3 mo)$268
Prepaid Insurance (12 mo)$3,500
Prepaid Interest (15 days)$469
Escrow Reserves$851
Total Closing Costs$9,342
Louisiana Housing at a Glance
Median Home Price
$195K
Louisiana statewide
Property Tax Rate
0.55%
$89/mo on median
Avg Closing Costs
$3K
1.6% of purchase price
Homeowners Insurance
$3,500/yr
$292/mo
Louisiana First-Time Buyer Program
LHC Resilience Soft Second
Down payment assistance: Up to $55,000 forgivable