Closing Cost Calculator for Tennessee

Closing Costs in Tennessee

Buyers in Tennessee typically pay around $2,500 in total closing costs. Tennessee charges a transfer tax of $0.37/$100 of value (a deed tax), which is very low. Overall closing costs are among the lowest in the Southeast.

What's Included in Tennessee Closing Costs?

• Transfer & recording taxes: Tennessee charges a transfer tax of $0.37/$100 of value (a deed tax), which is very low. Overall closing costs are among the lowest in the Southeast.
• 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 Tennessee transactions.
• Prepaid items: First year homeowner's insurance premium, prepaid property tax escrow, and prepaid interest.
• Escrow/attorney fees: Tennessee typically uses attorneys to close real estate transactions.

Home Values & Loan Context

With a median home value of $310,000 in Tennessee, a 10% down payment buyer would borrow around $279,000. The conforming loan limit is $726,200 — No Tennessee counties currently qualify for high-cost conforming limits.

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