Closing Cost Calculator for Kentucky

Closing Costs in Kentucky

Buyers in Kentucky typically pay around $2,300 in total closing costs. Kentucky has a modest transfer tax of $0.50/$500 of value. The state imposes a mortgage tax of $0.15/$100 on new mortgages.

What's Included in Kentucky Closing Costs?

• Transfer & recording taxes: Kentucky has a modest transfer tax of $0.50/$500 of value. The state imposes a mortgage tax of $0.15/$100 on new mortgages.
• 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 Kentucky transactions.
• Prepaid items: First year homeowner's insurance premium, prepaid property tax escrow, and prepaid interest.
• Escrow/attorney fees: Kentucky typically uses attorneys to close real estate transactions.

Home Values & Loan Context

With a median home value of $200,000 in Kentucky, a 10% down payment buyer would borrow around $180,000. The conforming loan limit is $726,200 — All Kentucky counties are at the standard conforming limit.

Closing Cost Calculator for Other States