Cumberland County, Maine Closing Costs
On the $411,400 median Cumberland County home, the county-specific closing items come to about $3,176: transfer tax $1,810, title insurance $1,286, recording fees $80. 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 | $660 | $500 | $80 | $1,240 |
| $200,000 | $880 | $650 | $80 | $1,610 |
| $250,000 | $1,100 | $800 | $80 | $1,980 |
| $300,000 | $1,320 | $950 | $80 | $2,350 |
| $350,000 | $1,540 | $1,100 | $80 | $2,720 |
| $400,000 | $1,760 | $1,250 | $80 | $3,090 |
| $450,000 | $1,980 | $1,400 | $80 | $3,460 |
| $500,000 | $2,200 | $1,550 | $80 | $3,830 |
| $600,000 | $2,640 | $1,850 | $80 | $4,570 |
| $700,000 | $3,080 | $2,150 | $80 | $5,310 |
| $800,000 | $3,520 | $2,450 | $80 | $6,050 |
| $1,000,000 | $4,400 | $3,050 | $80 | $7,530 |
Frequently asked questions
How much are closing costs in Cumberland County?
On the $411,400 median home, the county-specific items come to about $3,176: transfer tax $1,810, title insurance $1,236 for the owner's policy and $50 for the lender's, and about $80 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 Cumberland County?
The transfer tax is customarily split. 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)
- 36 M.R.S. 4641-A, Rate of tax; liability for tax
- WFG National Title Insurance Company, State of Maine Manual of Title Insurance Premiums, effective March 1, 2022
- Cumberland County Registry of Deeds fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All Maine buyer closing costs → Cumberland County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Cumberland County overview