Georgia Closing Cost Calculator
Estimate Georgia closing costs for buyers and sellers. Transfer tax: 0.1%. Average total: 2.8% of price.
How This Calculator Works
Calculation methodology and assumptions
Closing costs in Georgia typically range from 2.3% to 3.3% of the purchase price. This calculator estimates individual line items including title insurance (0.5% of price), transfer taxes (0.1% in Georgia), recording fees, loan origination fees (1% of loan), appraisal, inspection, and escrow/prepaids. Georgia requires an attorney for real estate closings.
Frequently Asked Questions
How much are closing costs in Georgia?
Closing costs in Georgia average 2.8% of the purchase price. On a $320,000 home, that's approximately $8,960.
Does Georgia have transfer taxes?
Yes, Georgia has a transfer tax of 0.1% of the sale price. On a $320,000 sale, that's $320.
Do I need an attorney to close in Georgia?
Yes, Georgia is an "attorney state" — you are required to have an attorney present at closing.
Who pays closing costs in Georgia?
In Georgia, 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.
Related Calculators
More Closing Cost Calculators
More Calculators for Georgia
Explore related financial tools with Georgia data