West Virginia Closing Costs Calculator
Estimate closing costs for buying a home in West Virginia. Average closing costs run 1.5% of the purchase price (about $2K on the median home).
West Virginia: Avg closing costs 1.5% of price. Transfer tax: 0.22%.
Lender Fees
$1,541
origination, underwriting
Third-Party
$2,225
appraisal, title, inspection
Government Fees
$341
transfer taxes, recording
Prepaids + Escrow
$2,455
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,116
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,075
Recording Fee$150
Transfer Tax$341
Prepaid Taxes (3 mo)$225
Prepaid Insurance (12 mo)$1,400
Prepaid Interest (15 days)$373
Escrow Reserves$458
Total Closing Costs$6,562
West Virginia Housing at a Glance
Median Home Price
$155K
West Virginia statewide
Property Tax Rate
0.58%
$75/mo on median
Avg Closing Costs
$2K
1.5% of purchase price
Homeowners Insurance
$1,400/yr
$117/mo
West Virginia First-Time Buyer Program
WVHDF Homeownership Program
Down payment assistance: Up to $7,500 DPA