Rhea County, Tennessee Closing Costs
On the $178,500 median Rhea County home, the county-specific closing items come to about $1,933: transfer tax $660, title insurance $1,273. 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 | $555 | $1,134 | $1,689 |
| $200,000 | $740 | $1,374 | $2,114 |
| $250,000 | $925 | $1,614 | $2,539 |
| $300,000 | $1,110 | $1,854 | $2,964 |
| $350,000 | $1,295 | $2,094 | $3,389 |
| $400,000 | $1,480 | $2,334 | $3,814 |
| $450,000 | $1,665 | $2,574 | $4,239 |
| $500,000 | $1,850 | $2,814 | $4,664 |
| $600,000 | $2,220 | $3,129 | $5,349 |
| $700,000 | $2,590 | $3,444 | $6,034 |
| $800,000 | $2,960 | $3,759 | $6,719 |
| $1,000,000 | $3,700 | $4,389 | $8,089 |
Frequently asked questions
How much are closing costs in Rhea County?
On the $178,500 median home, the county-specific items come to about $1,933: transfer tax $660, title insurance $1,223 for the owner's policy and $50 for the lender's. Lender fees, an appraisal, prepaid taxes and insurance come on top and depend on the loan.
Who pays these in Rhea County?
The buyer pays the Tennessee 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)
- Tenn. Code Ann. Section 67-4-409, Recordation tax
- Stewart Title Guaranty Company, Schedule of Charges and Forms for Title Insurance in the State of Tennessee, Schedule G (Davidson County), last updated 2/4/2022
Figures are computed from the documents above and rounded to the dollar. All sources.
All Tennessee buyer closing costs → Rhea County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Rhea County overview