Closing costs in Colorado
On a $500,000 home with 20% down, buyers in Colorado typically pay about $7,042 to $15,767 at closing, including prepaid taxes and insurance.
Typical buyer total1.4%–3.2%Of the price, 20% down
Closings handled byA title or settlement companyCustomary in the state
Buyer-paid taxes1See below
Buyer-paid taxes
| Tax | On $500,000 with 20% down | Note |
|---|---|---|
| State documentary fee (0.01% of the price) | $50 | A few mountain towns also charge their own real estate transfer taxes. |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $5,765 – $12,540 | 1.9%–4.2% |
| $300,000 | FHA, 3.5% down | $6,114 – $13,452 | 2.0%–4.5% |
| $500,000 | Conventional, 20% down | $7,042 – $15,767 | 1.4%–3.2% |
| $500,000 | FHA, 3.5% down | $7,623 – $17,286 | 1.5%–3.5% |
| $750,000 | Conventional, 20% down | $8,638 – $19,800 | 1.2%–2.6% |
| $750,000 | FHA, 3.5% down | $9,509 – $22,079 | 1.3%–2.9% |
Who pays what in Colorado
Colorado has no statewide transfer tax beyond a small documentary fee paid by the buyer.
By custom here the seller usually pays for the owner’s title policy; the buyer pays for the lender’s policy.
Questions
How much are closing costs for buyers in Colorado?
Often about 1.4% to 3.2% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in Colorado?
Buyers typically pay: State documentary fee.
More for Colorado
Sources: Colorado Revised Statutes §39-13-102 (documentary fee). Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.