Closing Costs on a $350K House: What to Expect in 2026
By Wealthvieu
·
Updated
Closing costs on a $350,000 house typically run $10,500 to $21,000 (3-6% of the purchase price). Here’s the complete breakdown.
Buyer Closing Costs Breakdown
| Cost Type |
Low Estimate |
Typical |
High Estimate |
| Loan origination fee (1%) |
$2,800 |
$3,500 |
$3,500 |
| Appraisal |
$450 |
$575 |
$800 |
| Credit report |
$30 |
$50 |
$75 |
| Title insurance |
$800 |
$1,300 |
$2,000 |
| Title search & exam |
$300 |
$450 |
$700 |
| Attorney fees |
$500 |
$1,000 |
$1,500 |
| Recording fees |
$100 |
$175 |
$350 |
| Survey |
$350 |
$500 |
$800 |
| Home inspection |
$350 |
$500 |
$700 |
| Escrow/title company fees |
$500 |
$800 |
$1,400 |
| Total fees |
$6,180 |
$8,850 |
$11,825 |
Prepaid Items (Held in Escrow)
| Item |
Low Estimate |
Typical |
High Estimate |
| Property tax (3 months) |
$525 |
$875 |
$1,750 |
| Homeowners insurance (1 year) |
$1,400 |
$2,450 |
$4,200 |
| Prepaid interest (15 days) |
$470 |
$960 |
$1,175 |
| Total prepaids |
$2,395 |
$4,285 |
$7,125 |
Total Cash Needed at Closing
| Down Payment |
Closing Costs |
Total Cash Needed |
| 3% ($10,500) |
$13,135 |
$23,635 |
| 5% ($17,500) |
$13,135 |
$30,635 |
| 10% ($35,000) |
$13,135 |
$48,135 |
| 20% ($70,000) |
$13,135 |
$83,135 |
Closing Costs by State (on $350K)
| State |
Avg. Closing Cost |
% of Price |
| Missouri |
$9,450 |
2.7% |
| Indiana |
$10,150 |
2.9% |
| Texas |
$14,700 |
4.2% |
| California |
$16,800 |
4.8% |
| New York |
$21,000 |
6.0% |
Ways to Reduce Closing Costs
| Strategy |
Potential Savings |
| Shop lender fees |
$500-1,500 |
| Negotiate seller credits |
$3,000-10,500 |
| No-closing-cost mortgage (higher rate) |
Full cost rolled in |
| Ask seller to pay portion |
3-6% of price |
| Close at end of month |
Reduce prepaid interest |
