Who Pays Closing Costs When Buying A House Apr 2026

Loan origination, application fees, and credit report fees.

Often pay 5%–10% of the sale price, though most of this is deducted from their sale proceeds. who pays closing costs when buying a house

Homeowners insurance (often one year in advance), prorated property taxes, and escrow reserves. Due Diligence: Home inspection and appraisal fees. Loan origination, application fees, and credit report fees

Private Mortgage Insurance (PMI) or upfront government funding fees (FHA/VA). prorated property taxes

Traditionally covering both the listing and buyer's agent fees. Taxes: Government transfer taxes and recording fees.

While specifics vary by state and local custom, the typical responsibilities include: Usually pay 2%–6% of the loan amount.