Northeastern Connecticut Planning Region, Connecticut Closing Costs
On the $281,300 median Northeastern Connecticut Planning Region home, the county-specific closing items come to about $3,172: transfer tax $2,110, title insurance $1,062. 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) | Total |
|---|---|---|---|
| $150,000 | $1,125 | $608 | $1,733 |
| $200,000 | $1,500 | $795 | $2,295 |
| $250,000 | $1,875 | $958 | $2,833 |
| $300,000 | $2,250 | $1,120 | $3,370 |
| $350,000 | $2,625 | $1,283 | $3,908 |
| $400,000 | $3,000 | $1,445 | $4,445 |
| $450,000 | $3,375 | $1,608 | $4,983 |
| $500,000 | $3,750 | $1,770 | $5,520 |
| $600,000 | $4,500 | $2,045 | $6,545 |
| $700,000 | $5,250 | $2,320 | $7,570 |
| $800,000 | $6,000 | $2,595 | $8,595 |
| $1,000,000 | $8,500 | $3,145 | $11,645 |
Frequently asked questions
How much are closing costs in Northeastern Connecticut Planning Region?
On the $281,300 median home, the county-specific items come to about $3,172: transfer tax $2,110, title insurance $1,062 for the owner's policy and $0 for the lender's. Lender fees, an appraisal, prepaid taxes and insurance come on top and depend on the loan.
Who pays these in Northeastern Connecticut 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
- CATIC Connecticut Standard ALTA Premium Rate Schedule (Rev. 01-16, effective January 1, 2016), page 10, Computation of Premiums for Standard CATIC Policies
Figures are computed from the documents above and rounded to the dollar. All sources.
All Connecticut buyer closing costs → Northeastern Connecticut Planning Region home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Northeastern Connecticut Planning Region overview