Montgomery County, Maryland Closing Costs

On the $640,300 median Montgomery County home, the county-specific closing items come to about $26,255: transfer tax $22,667, title insurance $3,413, recording fees $175. Lender fees, appraisal and prepaids are added by the loan, not the county.

County-specific closing costs by purchase price

Purchase priceTransfer taxTitle insurance (both policies)Recording feesTotal
$150,000$3,585$1,162$175$4,922
$200,000$4,780$1,432$175$6,387
$250,000$5,975$1,703$175$7,853
$300,000$7,170$1,934$175$9,279
$350,000$8,365$2,165$175$10,705
$400,000$9,560$2,396$175$12,131
$450,000$10,755$2,627$175$13,557
$500,000$11,950$2,858$175$14,983
$600,000$17,100$3,252$175$20,527
$700,000$24,780$3,646$175$28,601
$800,000$29,248$4,040$175$33,463
$1,000,000$36,560$4,828$175$41,563

Frequently asked questions

How much are closing costs in Montgomery County?

On the $640,300 median home, the county-specific items come to about $26,255: transfer tax $22,667 including Montgomery County recordation tax and Montgomery County transfer tax, title insurance $3,063 for the owner's policy and $350 for the lender's, and about $175 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 Montgomery County?

Who pays the owner's title policy is negotiable; the buyer pays the lender's policy and the mortgage recording fee.

Sources

Figures are computed from the documents above and rounded to the dollar. All sources.

All Maryland buyer closing costs → Montgomery County home buyer guide →

Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.

Montgomery County overview