Arenac County, Michigan Closing Costs
On the $129,000 median Arenac County home, the county-specific closing items come to about $2,647: transfer tax $968, title insurance $1,679. 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 | $1,815 | $2,940 |
| $200,000 | $1,500 | $2,140 | $3,640 |
| $250,000 | $1,875 | $2,438 | $4,313 |
| $300,000 | $2,250 | $2,735 | $4,985 |
| $350,000 | $2,625 | $2,975 | $5,600 |
| $400,000 | $3,000 | $3,215 | $6,215 |
| $450,000 | $3,375 | $3,455 | $6,830 |
| $500,000 | $3,750 | $3,695 | $7,445 |
| $600,000 | $4,500 | $4,175 | $8,675 |
| $700,000 | $5,250 | $4,655 | $9,905 |
| $800,000 | $6,000 | $5,135 | $11,135 |
| $1,000,000 | $7,500 | $6,095 | $13,595 |
Frequently asked questions
How much are closing costs in Arenac County?
On the $129,000 median home, the county-specific items come to about $2,647: transfer tax $968, title insurance $1,003 for the owner's policy and $676 for the lender's. Lender fees, an appraisal, prepaid taxes and insurance come on top and depend on the loan.
Who pays these in Arenac County?
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)
- Michigan State Real Estate Transfer Tax Act, MCL 207.523 (rate confirmed via Deeds.com secondary verification; primary legislature.mi.gov pages were unreachable during research)
- Stewart Title Guaranty Company, All-Inclusive Residential Schedule of Charges for Title Insurance in the State of Michigan, revised 1/9/2024, effective 2/26/2024
Figures are computed from the documents above and rounded to the dollar. All sources.
All Michigan buyer closing costs → Arenac County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Arenac County overview