mortgage

State-by-state closing costs

Closing Costs » Mortgage Closing Costs By State: 2009

Bankrate.com researchers gathered closing-cost information from at least four lenders in 50 states and the District of Columbia. In California, researchers also collected data separately for Los Angeles and San Francisco.

Researchers requested a good faith estimate for a $200,000 loan, assuming a 20 percent down payment and good credit.

The table below ranks the states, from most expensive closing costs to least expensive, by average closing costs charged by the lending industry for a mortgage in each state. Your costs will be higher than shown here because the most highly variable costs are not included: taxes, other government fees and escrow fees.

In 2008, Bankrate surveyed 56 areas, including three in California (Los Angeles, San Francisco, Sacramento), two in Illinois (Chicago and Springfield), and two in New York (New York City and Buffalo).  In 2009, Bankrate surveyed one area in 49 states, two areas in California (Los Angeles and San Francisco) and the District of Columbia.  An (*) below denotes a tie. 

2009 closing costs

20092008State or cityOrigination feeTitle and closing feeTotal
12Texas$1,566$2,290$3,855
21New York - NYC$1,038$1,999$3,368
34Florida$1,369$1,999$3,368
411California - San Fran$1,264$1,853$3,117
519Oregon$1,310$1,750$3,059
69Alaska$1,183$1,829$3,012
78Pennsylvania$1,137$1,872$3,009
85Oklahoma$1,238$1,748$2,986
912Ohio$1,222$1,760$2,982
1034Washington$1,329$1,578$2,906
1141*North Dakota$1,349$1,555$2,904
1224Tennessee$1,285$1,616$2,901
136New Mexico$1,143$1,739$2,882
1413California - Los Angeles$1,264$1,597$2,861
1535Virginia$1,312$1,546$2,858
1645Utah$1,238$1,614$2,852
1731Arkansas$1,232$1,620$2,852
1821*Massachusetts$1,132$1,689$2,822
1917Michigan$1,398$1,404$2,802
2015West Virginia$1,106$1,640$2,746
2120Hawaii$1,224$1,515$2,739
2238Wisconsin$1,430$1,304$2,734
2332Louisiana$1,082$1,637$2,720
2416Connecticut$1,188$1,512$2,700
2530Mississippi$1,229$1,459$2,689
2625South Carolina$1,159$1,528$2,687
2729Idaho$1,214$1,446$2,687
287New Jersey$931$1,725$2,656
2910Colorado$1,161$1,494$2,655
3021*Alabama$1,276$1,369$2,645
3143Georgia$1,151$1,487$2,638
3252South Dakota$1,369$1,256$2,625
3336Montana$1,287$1,324$2,611
3450*Wyoming$1,346$1,256$2,602
3526Delaware$1,135$1,443$2,579
3641*New Hampshire$1,147$1,428$2,575
3737Iowa$1,027$1,546$2,574
3840Minnesota$1,143$1,418$2,561
3927Arizona$1,088$1,453$2,541
4023Maryland$1,095$1,418$2,513
4128District of Columbia$1,117$1,384$2,502
4239Rhode Island$954$1,542$2,495
4348Illinois$1,279$1,207$2,486
4414Kentucky$1,071$1,401$2,472
4544Nebraska$1,167$1,286$2,453
4656North Carolina$1,155$1,278$2,433
4754Missouri$1,186$1,243$2,429
4847Vermont$1,040$1,386$2,426
4953Maine$1,097$1,322$2,419
5046Indiana$1,145$1,272$2,417
5155Kansas$1,019$1,341$2,361
5233Nevada$946$1,331$2,276

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