Closing Cost Calculator for Florida

Closing Costs in Florida

Buyers in Florida typically pay around $4,100 in total closing costs. Florida charges documentary stamp taxes on deeds ($0.70/$100 of sale price) and on mortgages ($0.35/$100 of loan amount). There is no state income tax on capital gains from home sales.

What's Included in Florida Closing Costs?

• Transfer & recording taxes: Florida charges documentary stamp taxes on deeds ($0.70/$100 of sale price) and on mortgages ($0.35/$100 of loan amount). There is no state income tax on capital gains from home sales.
• Lender fees: Origination, underwriting, and processing fees — typically 0.5–1% of the loan amount regardless of state.
• Title insurance: Owner's and lender's policies, required in most Florida transactions.
• Prepaid items: First year homeowner's insurance premium, prepaid property tax escrow, and prepaid interest.
• Escrow/attorney fees: Florida typically uses attorneys to close real estate transactions.

Home Values & Loan Context

With a median home value of $395,000 in Florida, a 10% down payment buyer would borrow around $356,000. The conforming loan limit is $726,200 — Most Florida counties are at the standard conforming limit. Monroe County (Florida Keys) qualifies for high-cost limits at $874,000.

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