North Carolina Closing Costs Calculator
Estimate closing costs for buying a home in North Carolina. Average closing costs run 1.4% of the purchase price (about $5K on the median home).
North Carolina: Avg closing costs 1.4% of price. Transfer tax: 0.2%.
Lender Fees
$2,873
origination, underwriting
Third-Party
$3,150
appraisal, title, inspection
Government Fees
$680
transfer taxes, recording
Prepaids + Escrow
$4,827
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$680
Prepaid Taxes (3 mo)$663
Prepaid Insurance (12 mo)$2,300
Prepaid Interest (15 days)$817
Escrow Reserves$1,046
Total Closing Costs$11,530
North Carolina Housing at a Glance
Median Home Price
$340K
North Carolina statewide
Property Tax Rate
0.78%
$221/mo on median
Avg Closing Costs
$5K
1.4% of purchase price
Homeowners Insurance
$2,300/yr
$192/mo
North Carolina First-Time Buyer Program
NC Home Advantage Mortgage
Down payment assistance: Up to 5% DPA