Delaware Closing Cost Calculator
Estimate Delaware closing costs for buyers and sellers. Transfer tax: 3%. Average total: 3.5% of price.
How This Calculator Works
Calculation methodology and assumptions
Closing costs in Delaware typically range from 3% to 4% of the purchase price. This calculator estimates individual line items including title insurance (0.5% of price), transfer taxes (3% in Delaware), recording fees, loan origination fees (1% of loan), appraisal, inspection, and escrow/prepaids. Delaware requires an attorney for real estate closings.
Frequently Asked Questions
How much are closing costs in Delaware?
Closing costs in Delaware average 3.5% of the purchase price. On a $330,000 home, that's approximately $11,550.
Does Delaware have transfer taxes?
Yes, Delaware has a transfer tax of 3% of the sale price. On a $330,000 sale, that's $9,900.
Do I need an attorney to close in Delaware?
Yes, Delaware is an "attorney state" — you are required to have an attorney present at closing.
Who pays closing costs in Delaware?
In Delaware, 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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