Anchorage Municipality, Alaska Closing Costs
On the $375,900 median Anchorage Municipality home, the county-specific closing items come to about $1,605: no transfer tax in Alaska, title insurance $1,485, recording fees $120. Lender fees, appraisal and prepaids are added by the loan, not the county.
County-specific closing costs by purchase price
| Purchase price | Transfer tax | Title insurance (both policies) | Recording fees | Total |
|---|---|---|---|---|
| $150,000 | $0 | $807 | $120 | $927 |
| $200,000 | $0 | $957 | $120 | $1,077 |
| $250,000 | $0 | $1,107 | $120 | $1,227 |
| $300,000 | $0 | $1,257 | $120 | $1,377 |
| $350,000 | $0 | $1,407 | $120 | $1,527 |
| $400,000 | $0 | $1,557 | $120 | $1,677 |
| $450,000 | $0 | $1,707 | $120 | $1,827 |
| $500,000 | $0 | $1,857 | $120 | $1,977 |
| $600,000 | $0 | $2,107 | $120 | $2,227 |
| $700,000 | $0 | $2,357 | $120 | $2,477 |
| $800,000 | $0 | $2,582 | $120 | $2,702 |
| $1,000,000 | $0 | $2,982 | $120 | $3,102 |
Frequently asked questions
How much are closing costs in Anchorage Municipality?
On the $375,900 median home, the county-specific items come to about $1,605: no transfer tax in Alaska, title insurance $1,410 for the owner's policy and $75 for the lender's, and about $120 to record the deed and mortgage. Lender fees, an appraisal, prepaid taxes and insurance come on top and depend on the loan.
Who pays these in Anchorage Municipality?
Who pays the owner's title policy is negotiable; the buyer pays the lender's policy and the mortgage recording fee.
Sources
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units)
- SB 179, ch. 19 SLA 2024 (bars municipalities and boroughs from levying a sales, use, or transfer tax on real property transfers)
- Stewart Title Guaranty Company Rate Filing for the State of Alaska, effective 2/20/2017 (filed with the Alaska Division of Insurance), Section 1.13 Basic Insurance Rate Schedule A and Section 2.1/2.4 Owner's and Loan Policy Basic Charges
- Alaska Department of Natural Resources, State Recorder's Office, Anchorage Recording District (Alaska has no county government; land records are recorded through 34 statewide recording districts operated by the state Recorder's Office, not by the Municipality of Anchorage itself) fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All Alaska buyer closing costs → Anchorage Municipality home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Anchorage Municipality overview