Closing costs in Ohio
On a $500,000 home with 20% down, buyers in Ohio typically pay about $7,692 to $18,617 at closing, including prepaid taxes and insurance.
Typical buyer total1.5%–3.7%Of the price, 20% down
Closings handled byA title or settlement companyCustomary in the state
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 | Ohio’s conveyance fee (0.1% state plus up to 0.3% county) is customarily paid by the seller. |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $6,155 – $14,250 | 2.1%–4.8% |
| $300,000 | FHA, 3.5% down | $6,429 – $15,013 | 2.1%–5.0% |
| $500,000 | Conventional, 20% down | $7,692 – $18,617 | 1.5%–3.7% |
| $500,000 | FHA, 3.5% down | $8,149 – $19,889 | 1.6%–4.0% |
| $750,000 | Conventional, 20% down | $9,613 – $24,075 | 1.3%–3.2% |
| $750,000 | FHA, 3.5% down | $10,298 – $25,983 | 1.4%–3.5% |
Who pays what in Ohio
Ohio’s conveyance fee (0.1% state plus up to 0.3% county) is customarily paid by the seller.
Questions
How much are closing costs for buyers in Ohio?
Often about 1.5% to 3.7% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in Ohio?
No. Ohio’s conveyance fee (0.1% state plus up to 0.3% county) is customarily paid by the seller.
More for Ohio
Sources: Ohio Revised Code §319.54, §322.02. Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.