Capitol Planning Region, Connecticut Closing Costs
On the $298,200 median Capitol Planning Region home, the county-specific closing items come to about $4,200: transfer tax $2,983, title insurance $1,117, recording fees $100. 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 | $1,500 | $608 | $100 | $2,208 |
| $200,000 | $2,000 | $795 | $100 | $2,895 |
| $250,000 | $2,500 | $958 | $100 | $3,558 |
| $300,000 | $3,000 | $1,120 | $100 | $4,220 |
| $350,000 | $3,500 | $1,283 | $100 | $4,883 |
| $400,000 | $4,000 | $1,445 | $100 | $5,545 |
| $450,000 | $4,500 | $1,608 | $100 | $6,208 |
| $500,000 | $5,000 | $1,770 | $100 | $6,870 |
| $600,000 | $6,000 | $2,045 | $100 | $8,145 |
| $700,000 | $7,000 | $2,320 | $100 | $9,420 |
| $800,000 | $8,000 | $2,595 | $100 | $10,695 |
| $1,000,000 | $11,000 | $3,145 | $100 | $14,245 |
Frequently asked questions
How much are closing costs in Capitol Planning Region?
On the $298,200 median home, the county-specific items come to about $4,200: transfer tax $2,983 including Municipal (town) portion of the real estate conveyance tax, title insurance $1,117 for the owner's policy and $0 for the lender's, and about $100 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 Capitol Planning Region?
The seller customarily pays the Connecticut transfer tax. Who pays the owner's title policy is customarily the buyer; 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)
- Conn. Gen. Stat. Sec. 12-494(a)(1) and (b)(2), for residential real estate
- Conn. Gen. Stat. Sec. 12-494(a)(2), municipal conveyance tax (already recorded in data/transfer/connecticut.json)
- CATIC Connecticut Standard ALTA Premium Rate Schedule (Rev. 01-16, effective January 1, 2016), page 10, Computation of Premiums for Standard CATIC Policies
- Individual town clerks (Hartford, New Britain, Bristol, West Hartford, and the other member towns) - Connecticut has no county government or county recorder fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All Connecticut buyer closing costs → Capitol Planning Region home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Capitol Planning Region overview