St Augustine, St Johns County Real Estate & Home Staging


What are closing costs when buying a home in Florida?

What are closing costs when buying a home in Florida?
  • Stamps on mortgage: $.04 per $100 (total mtg amount)
  • Intangible tax: $.002 per $100 (total mtg amount)
  • Title Company fees:  $200 - $500 (includes various endorsements)
  • Mortgage Company fees: This varies from lender to lender (0% - 1% of mtg amount)
  • Future Escrow Reserves: Your lender may require you to escrow future insurance and tax payments. Escrow reserves may be 3, 6, or 9+ months, depending on mortgage company policies.
  • 1st Years Home Owner Insurance: varies based on many factors. Consult with your insurance professional. 
  • Lender's Title insurance policy: $350 - $1000
  • Monthly Maintenance Fees: Will be prorated for the month
  • Survey:  $300 - $400
  • Funding Fees: VA, FHA, or USDA loans all may have funding fees required to set up your loan

Homes for Sale in Jacksonvlle and St Augustine

Other possible fees: (Depending on lender, payment of these may be required prior to closing, or included as closing costs.)
  • Home Inspection:  This will usually run between $200-$500. It is recommended that even when buying new construction that you have a home inspection. 
  • Appraisal: Typically runs between $300 - $500
  • HOA or CDD Fees. Depending on if these are paid monthly or annually, in advance or arrears, this may be included on the HUD1 settlement statement at closing.
 Watch this video to learn more about closing costs in Florida, and what to watch out for. 
Thank you for reading... What are closing costs when buying a home in Florida?


 Author Bio: Melissa Marro, Home Staging Industry leader, Realtor, and entrepreneur offers a unique perspective on New Home Construction, Resale Residential Real Estate, and Home Staging

For more information on buying or selling in the Fleming Island, Orange Park, or Jacksonville, area, visit or call Melissa Marro (marro.melissa at, Keller Williams First Coast Realty, for more information (904-466-2093).


Comment balloon 3 commentsMelissa Marro • November 08 2012 04:46PM


Melissa, this is a great list!  Setting up an escrow account will depend on when the buyer closes on the home and when the property taxes will be due.

Posted by Kathy Sheehan, Senior Loan Officer (Bay Equity, LLC 770-634-4021) over 6 years ago

It is so important for buyers to be aware of these charges, they should see most of these on a good faith estimate, however they are not usually as broken down as you have illustrated.

Posted by Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793 (Rockwood Realty) over 6 years ago
Great itemized list Melissa. Often not understood by the buyer/seller and many are not negotiable. Reminds me of the days I did title closings at the title company so very long ago. Your list captures them very well!
Posted by Marie Fox, Lake Mary, Florida, Home Stager & RE Photographer (Foxy Interiors Inc. Lake Mary Florida) over 6 years ago

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