Closing Cost Calculator for Mississippi

Closing Costs in Mississippi

Buyers in Mississippi typically pay around $2,100 in total closing costs. Mississippi has minimal transfer taxes and recording fees. Closing costs are among the lowest in the South.

What's Included in Mississippi Closing Costs?

• Transfer & recording taxes: Mississippi has minimal transfer taxes and recording fees. Closing costs are among the lowest in the South.
• 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 Mississippi transactions.
• Prepaid items: First year homeowner's insurance premium, prepaid property tax escrow, and prepaid interest.
• Escrow/attorney fees: Mississippi typically uses attorneys to close real estate transactions.

Home Values & Loan Context

With a median home value of $155,000 in Mississippi, a 10% down payment buyer would borrow around $140,000. The conforming loan limit is $726,200 — All Mississippi counties are at the standard conforming limit.

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