Washington Closing Costs Calculator
Estimate closing costs for buying a home in Washington. Average closing costs run 1.4% of the purchase price (about $8K on the median home).
Washington: Avg closing costs 1.4% of price. Transfer tax: 1.78%.
Lender Fees
$4,601
origination, underwriting
Third-Party
$4,350
appraisal, title, inspection
Government Fees
$10,324
transfer taxes, recording
Prepaids + Escrow
$6,103
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$4,176
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$3,200
Recording Fee$150
Transfer Tax$10,324
Prepaid Taxes (3 mo)$1,421
Prepaid Insurance (12 mo)$1,600
Prepaid Interest (15 days)$1,394
Escrow Reserves$1,688
Total Closing Costs$25,378
Washington Housing at a Glance
Median Home Price
$580K
Washington statewide
Property Tax Rate
0.98%
$474/mo on median
Avg Closing Costs
$8K
1.4% of purchase price
Homeowners Insurance
$1,600/yr
$133/mo
Washington First-Time Buyer Program
WSHFC Home Advantage
Down payment assistance: Up to $10,000 DPA