📋 Closing Cost Calculators Kentucky

Kentucky Closing Cost Calculator

Estimate Kentucky closing costs for buyers and sellers. Transfer tax: 0.1%. Average total: 2.7% of price.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Kentucky Quick Facts

4.0% Income Tax Rate

0.86% Property Tax Rate

$55,573 Median Income

90.3 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Closing costs in Kentucky typically range from 2.2% to 3.2% of the purchase price. This calculator estimates individual line items including title insurance (0.5% of price), transfer taxes (0.1% in Kentucky), recording fees, loan origination fees (1% of loan), appraisal, inspection, and escrow/prepaids. Kentucky requires an attorney for real estate closings.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Bankrate, State Dept. of Revenue

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much are closing costs in Kentucky?

Closing costs in Kentucky average 2.7% of the purchase price. On a $195,000 home, that's approximately $5,265.

Does Kentucky have transfer taxes?

Yes, Kentucky has a transfer tax of 0.1% of the sale price. On a $195,000 sale, that's $195.

Do I need an attorney to close in Kentucky?

Yes, Kentucky is an "attorney state" — you are required to have an attorney present at closing.

Who pays closing costs in Kentucky?

In Kentucky, 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.