Closing costs in Pennsylvania
On a $500,000 home with 20% down, buyers in Pennsylvania typically pay about $14,125 to $26,483 at closing, including prepaid taxes and insurance.
Typical buyer total2.8%–5.3%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 |
|---|---|---|
| Realty transfer tax (buyer’s half of about 2%) | $5,000 – $7,500 | The state charges 1% and most towns and school districts add 1%, customarily split equally. Some cities charge more (Pittsburgh about 5% total, Allentown 2.5%). |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $10,015 – $18,970 | 3.3%–6.3% |
| $300,000 | FHA, 3.5% down | $10,289 – $19,733 | 3.4%–6.6% |
| $500,000 | Conventional, 20% down | $14,125 – $26,483 | 2.8%–5.3% |
| $500,000 | FHA, 3.5% down | $14,582 – $27,755 | 2.9%–5.6% |
| $750,000 | Conventional, 20% down | $19,263 – $35,875 | 2.6%–4.8% |
| $750,000 | FHA, 3.5% down | $19,948 – $37,783 | 2.7%–5.0% |
Who pays what in Pennsylvania
Pennsylvania’s realty transfer tax is customarily split equally between buyer and seller.
Questions
How much are closing costs for buyers in Pennsylvania?
Often about 2.8% to 5.3% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in Pennsylvania?
Buyers typically pay: Realty transfer tax.
More for Pennsylvania
Sources: Pennsylvania Department of Revenue (realty transfer tax, 72 P.S. §8102-C); City of Philadelphia Department of Revenue (realty transfer tax rate). Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.