2011 Closing Costs Survey » United States
Bankrate.com researchers gathered closing-cost data from up to 10 lenders in 50 states and the District of Columbia. In California, researchers collected data separately for Los Angeles and San Francisco.
With an average of $3,967 in closing costs, Delaware and Illinois staked a claim to the median: Half the states cost more and half cost less. Click your state for a fee-by-fee breakdown of the average closing costs for a mortgage.
Bankrate.com surveyed up to 10 lenders in each state in June 2011 and obtained online good faith estimates for a $200,000 mortgage to buy a single-family home with a 20 percent down payment. Costs include fees charged by lenders, as well as third-party fees for services such as appraisals and title insurance. The survey excludes taxes, property insurance, association fees, interest and other prepaid items.
« Back to the 2011 Closing Costs Survey.