Closing costs for homebuyers

How much you do you need to close on your dream home?

When buying a home, you will need more than just enough for the down payment. As a general rule, you should tack on an additional 3% to 6% of the purchase price to account for closing costs. These fees can be sorted in the three "buckets," which are lender fees, settlement fees and taxes.

Approximately 70% of closing costs that are variable are title-related, including the insurance premium and service charges. Homebuyers who close with us generally pay less. Browse this section to learn about your closing costs or get a Quick Quote to calculate your closing costs today.

Additional information buyers should know for settlement

Please review the following information regarding your upcoming settlement. If you have questions, feel free to This e-mail address is being protected from spambots, you need JavaScript enabled to view it via e-mail or by calling 202.362.1500.

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Title insurance premiums

The following charts allow you to calculate your title insurance premium manually, but we admit the numbers can be a little confusing. To simplify matters, get a Quick Quote today.

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Settlement fees

Comparing rates and services among title companies is the best way to save money on closing costs. To make this easier for consumers, the Real Estate Settlement Procedure Act requires...

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Transfer & Recordation

Residential purchase transactions: Read on for a break down of taxes associated with the purchase of a residential property in the District of Columbia, Maryland or Virginia.

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