Closing costs in California
On a $500,000 home with 20% down, buyers in California typically pay about $7,750 to $17,733 at closing, including prepaid taxes and insurance.
Buyer-paid taxes
| Tax | On $500,000 with 20% down | Note |
|---|---|---|
| None for buyers | $0 | County and city transfer taxes are customarily paid by the seller in most of California, but who pays can be negotiated and varies by county. |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $6,390 – $14,320 | 2.1%–4.8% |
| $300,000 | FHA, 3.5% down | $6,739 – $15,232 | 2.2%–5.1% |
| $500,000 | Conventional, 20% down | $7,750 – $17,733 | 1.6%–3.5% |
| $500,000 | FHA, 3.5% down | $8,331 – $19,253 | 1.7%–3.9% |
| $750,000 | Conventional, 20% down | $9,450 – $22,000 | 1.3%–2.9% |
| $750,000 | FHA, 3.5% down | $10,321 – $24,279 | 1.4%–3.2% |
Who pays what in California
County and city transfer taxes are customarily paid by the seller in most of California, but who pays can be negotiated and varies by county.
In many California counties the seller pays for the owner’s title policy; the buyer pays for the lender’s policy.
Questions
How much are closing costs for buyers in California?
Often about 1.6% to 3.5% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in California?
No. County and city transfer taxes are customarily paid by the seller in most of California, but who pays can be negotiated and varies by county.
More for California
Sources: California Revenue and Taxation Code §11911 (documentary transfer tax). Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.