South Carolina Closing Costs Calculator
Estimate closing costs for buying a home in South Carolina. Average closing costs run 1.3% of the purchase price (about $4K on the median home).
South Carolina: Avg closing costs 1.3% of price. Transfer tax: 0.37%.
Lender Fees
$2,621
origination, underwriting
Third-Party
$2,975
appraisal, title, inspection
Government Fees
$1,129
transfer taxes, recording
Prepaids + Escrow
$4,636
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,196
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,825
Recording Fee$150
Transfer Tax$1,129
Prepaid Taxes (3 mo)$435
Prepaid Insurance (12 mo)$2,600
Prepaid Interest (15 days)$733
Escrow Reserves$868
Total Closing Costs$11,360
South Carolina Housing at a Glance
Median Home Price
$305K
South Carolina statewide
Property Tax Rate
0.57%
$145/mo on median
Avg Closing Costs
$4K
1.3% of purchase price
Homeowners Insurance
$2,600/yr
$217/mo
South Carolina First-Time Buyer Program
SC Housing Palmetto Home
Down payment assistance: Up to $8,000 forgivable