Vermont Closing Cost Calculator
Estimate Vermont closing costs for buyers and sellers. Transfer tax: 1.25%. Average total: 3.2% of price.
How This Calculator Works
Calculation methodology and assumptions
Closing costs in Vermont typically range from 2.7% to 3.7% of the purchase price. This calculator estimates individual line items including title insurance (0.5% of price), transfer taxes (1.25% in Vermont), recording fees, loan origination fees (1% of loan), appraisal, inspection, and escrow/prepaids. Vermont requires an attorney for real estate closings.
Frequently Asked Questions
How much are closing costs in Vermont?
Closing costs in Vermont average 3.2% of the purchase price. On a $350,000 home, that's approximately $11,200.
Does Vermont have transfer taxes?
Yes, Vermont has a transfer tax of 1.25% of the sale price. On a $350,000 sale, that's $4,375.
Do I need an attorney to close in Vermont?
Yes, Vermont is an "attorney state" — you are required to have an attorney present at closing.
Who pays closing costs in Vermont?
In Vermont, 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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