Lafayette County, Florida Closing Costs
On the $131,600 median Lafayette County home, the county-specific closing items come to about $1,679: transfer tax $921, title insurance $758. 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 | $1,050 | $850 | $1,900 |
| $200,000 | $1,400 | $1,100 | $2,500 |
| $250,000 | $1,750 | $1,350 | $3,100 |
| $300,000 | $2,100 | $1,600 | $3,700 |
| $350,000 | $2,450 | $1,850 | $4,300 |
| $400,000 | $2,800 | $2,100 | $4,900 |
| $450,000 | $3,150 | $2,350 | $5,500 |
| $500,000 | $3,500 | $2,600 | $6,100 |
| $600,000 | $4,200 | $3,100 | $7,300 |
| $700,000 | $4,900 | $3,600 | $8,500 |
| $800,000 | $5,600 | $4,100 | $9,700 |
| $1,000,000 | $7,000 | $5,100 | $12,100 |
Frequently asked questions
How much are closing costs in Lafayette County?
On the $131,600 median home, the county-specific items come to about $1,679: transfer tax $921, title insurance $733 for the owner's policy and $25 for the lender's. Lender fees, an appraisal, prepaid taxes and insurance come on top and depend on the loan.
Who pays these in Lafayette County?
The seller customarily pays the Florida transfer tax. 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)
- Fla. Stat. Sec. 201.02 ('on each $100 of the consideration therefor the tax shall be 70 cents')
- Fla. Admin. Code R. 69O-186.003, Title Insurance Rates (Office of Insurance Regulation, promulgated under Fla. Stat. 627.782), rule text effective 01/27/2002, current version
Figures are computed from the documents above and rounded to the dollar. All sources.
All Florida buyer closing costs → Lafayette County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Lafayette County overview