Closing costs in West Virginia
On a $500,000 home with 20% down, buyers in West Virginia typically pay about $7,725 to $19,183 at closing, including prepaid taxes and insurance.
Typical buyer total1.5%–3.8%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 | West Virginia’s state and county excise taxes on transfers are customarily paid by the seller. An attorney handles the closing. |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $6,375 – $15,190 | 2.1%–5.1% |
| $300,000 | FHA, 3.5% down | $6,649 – $15,953 | 2.2%–5.3% |
| $500,000 | Conventional, 20% down | $7,725 – $19,183 | 1.5%–3.8% |
| $500,000 | FHA, 3.5% down | $8,182 – $20,455 | 1.6%–4.1% |
| $750,000 | Conventional, 20% down | $9,413 – $24,175 | 1.3%–3.2% |
| $750,000 | FHA, 3.5% down | $10,098 – $26,083 | 1.3%–3.5% |
Who pays what in West Virginia
West Virginia’s state and county excise taxes on transfers are customarily paid by the seller. An attorney handles the closing.
Questions
How much are closing costs for buyers in West Virginia?
Often about 1.5% to 3.8% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in West Virginia?
No. West Virginia’s state and county excise taxes on transfers are customarily paid by the seller. An attorney handles the closing.
More for West Virginia
Sources: West Virginia Code §11-22-2. Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.