Texas Closing Costs Calculator
Estimate closing costs for buying a home in Texas. Average closing costs run 1.7% of the purchase price (about $5K on the median home).
Texas: Avg closing costs 1.7% of price. Transfer tax: 0%.
Lender Fees
$2,657
origination, underwriting
Third-Party
$3,000
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$7,969
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,232
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,850
Recording Fee$150
Prepaid Taxes (3 mo)$1,395
Prepaid Insurance (12 mo)$3,800
Prepaid Interest (15 days)$745
Escrow Reserves$2,028
Total Closing Costs$13,626
Texas Housing at a Glance
Median Home Price
$310K
Texas statewide
Property Tax Rate
1.8%
$465/mo on median
Avg Closing Costs
$5K
1.7% of purchase price
Homeowners Insurance
$3,800/yr
$317/mo
Texas First-Time Buyer Program
TDHCA My First Texas Home
Down payment assistance: Up to 5% DPA grant