What Are the Closing Costs in My State?

Understanding Closing Costs

Closing costs include all fees required to finalize your loan and transfer ownership.

Typical Dallas–Fort Worth Closing Costs

Total: 3–5 percent of the purchase price, including:

• Taxes

• Title insurance

• Appraisal

• Lender fees

• Escrows for taxes and insurance

• Homeowners insurance

• HOA setup fees

• Recording fees

Who Pays Which Costs?

In Texas:

• Buyers typically pay lender fees and appraisal

• Sellers often pay the title policy, but it can be negotiated

A good lender will list every fee clearly and explain each one.