Connecticut Closing Cost Calculator
Estimate Connecticut closing costs for buyers and sellers. Transfer tax: 0.75%. Average total: 3.1% of price.
How This Calculator Works
Calculation methodology and assumptions
Closing costs in Connecticut typically range from 2.6% to 3.6% of the purchase price. This calculator estimates individual line items including title insurance (0.5% of price), transfer taxes (0.75% in Connecticut), recording fees, loan origination fees (1% of loan), appraisal, inspection, and escrow/prepaids. Connecticut requires an attorney for real estate closings.
Frequently Asked Questions
How much are closing costs in Connecticut?
Closing costs in Connecticut average 3.1% of the purchase price. On a $380,000 home, that's approximately $11,780.
Does Connecticut have transfer taxes?
Yes, Connecticut has a transfer tax of 0.75% of the sale price. On a $380,000 sale, that's $2,850.
Do I need an attorney to close in Connecticut?
Yes, Connecticut is an "attorney state" — you are required to have an attorney present at closing.
Who pays closing costs in Connecticut?
In Connecticut, both buyers and sellers have closing costs. Buyers typically pay loan-related fees, appraisal, inspection, and their share of prepaids. Sellers usually pay real estate agent commissions and their share of transfer taxes. Some costs are negotiable between the parties.
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