Bernalillo County, New Mexico Closing Costs
On the $268,500 median Bernalillo County home, the county-specific closing items come to about $2,742: no transfer tax in New Mexico, title insurance $2,692, recording fees $50. 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 | $0 | $1,742 | $50 | $1,792 |
| $200,000 | $0 | $2,141 | $50 | $2,191 |
| $250,000 | $0 | $2,540 | $50 | $2,590 |
| $300,000 | $0 | $2,939 | $50 | $2,989 |
| $350,000 | $0 | $3,338 | $50 | $3,388 |
| $400,000 | $0 | $3,737 | $50 | $3,787 |
| $450,000 | $0 | $4,136 | $50 | $4,186 |
| $500,000 | $0 | $4,535 | $50 | $4,585 |
| $600,000 | $0 | $5,160 | $50 | $5,210 |
| $700,000 | $0 | $5,786 | $50 | $5,836 |
| $800,000 | $0 | $6,411 | $50 | $6,461 |
| $1,000,000 | $0 | $7,661 | $50 | $7,711 |
Frequently asked questions
How much are closing costs in Bernalillo County?
On the $268,500 median home, the county-specific items come to about $2,742: no transfer tax in New Mexico, title insurance $1,417 for the owner's policy and $1,275 for the lender's, and about $50 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 Bernalillo 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)
- NM Taxation and Revenue Department, Property Tax overview (no deed/transfer tax exists)
- WFG National Title Insurance Company, 2025 Schedule of New Mexico Basic Premium Rates for Title Insurance, effective July 1, 2025, published under the New Mexico Office of Superintendent of Insurance's promulgated rate order (13.14.9 NMAC)
- Bernalillo County Clerk fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All New Mexico buyer closing costs → Bernalillo County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Bernalillo County overview