Georgia Closing Costs Calculator
Estimate closing costs for buying a home in Georgia. Average closing costs run 1.5% of the purchase price (about $5K on the median home).
Georgia: Avg closing costs 1.5% of price. Transfer tax: 0.1%.
Lender Fees
$2,873
origination, underwriting
Third-Party
$3,150
appraisal, title, inspection
Government Fees
$340
transfer taxes, recording
Prepaids + Escrow
$4,948
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,448
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,000
Recording Fee$150
Transfer Tax$340
Prepaid Taxes (3 mo)$782
Prepaid Insurance (12 mo)$2,200
Prepaid Interest (15 days)$817
Escrow Reserves$1,149
Total Closing Costs$11,311
Georgia Housing at a Glance
Median Home Price
$340K
Georgia statewide
Property Tax Rate
0.92%
$261/mo on median
Avg Closing Costs
$5K
1.5% of purchase price
Homeowners Insurance
$2,200/yr
$183/mo
Georgia First-Time Buyer Program
Georgia Dream Homeownership
Down payment assistance: Up to $10,000 DPA