Closing costs in Connecticut
On a $500,000 home with 20% down, buyers in Connecticut typically pay about $10,458 to $22,150 at closing, including prepaid taxes and insurance.
Typical buyer total2.1%–4.4%Of the price, 20% down
Closings handled byAn attorneyBuyers usually hire their own
Buyer-paid taxesNoneTransfer taxes are seller-paid or not charged
Buyer-paid taxes
| Tax | On $500,000 with 20% down | Note |
|---|---|---|
| None for buyers | $0 | Connecticut’s state and municipal real estate conveyance taxes are paid by the seller. There’s no mortgage tax. |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $8,215 – $17,370 | 2.7%–5.8% |
| $300,000 | FHA, 3.5% down | $8,489 – $18,133 | 2.8%–6.0% |
| $500,000 | Conventional, 20% down | $10,458 – $22,150 | 2.1%–4.4% |
| $500,000 | FHA, 3.5% down | $10,916 – $23,422 | 2.2%–4.7% |
| $750,000 | Conventional, 20% down | $13,263 – $28,125 | 1.8%–3.8% |
| $750,000 | FHA, 3.5% down | $13,948 – $30,033 | 1.9%–4.0% |
Who pays what in Connecticut
Connecticut’s state and municipal real estate conveyance taxes are paid by the seller. There’s no mortgage tax.
Questions
How much are closing costs for buyers in Connecticut?
Often about 2.1% to 4.4% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in Connecticut?
No. Connecticut’s state and municipal real estate conveyance taxes are paid by the seller. There’s no mortgage tax.
More for Connecticut
Sources: Connecticut Department of Revenue Services (real estate conveyance tax). Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.