SW FLORIDA REAL ESTATE

Researchers requested a good faith estimate for a $200,000 loan, assuming a 20 percent down payment and good credit.

The table below ranks the states, from most expensive closing costs to least expensive, by average closing costs charged by the lending industry for a mortgage in each state. Your costs will be higher than shown here because the most highly variable costs are not included: taxes, other government fees and escrow fees.

In 2009 and 2010, Bankrate surveyed one area in 49 states, two areas in California (Los Angeles and San Francisco) and the District of Columbia. An (*) below denotes a tie.

2010 Closing Costs

2010 rank	2009 rank	State or city	Origination	Title and closing	2010 Total
1	2	New York	$2,015	$3,608	$5,623
2	1	Texas	$1,539	$3,169	$4,708
3	16	Utah	$1,431	$3,174	$4,605
4	4	California - San Francisco	$1,386	$3,181	$4,566
5	14	California - Los Angeles	$1,419	$2,987	$4,406
6	6	Alaska	$1,936	$2,391	$4,327
7	8	Oklahoma	$1,352	$2,902	$4,254
8	7	Pennsylvania	$1,340	$2,897	$4,236
9	28	New Jersey	$1,338	$2,772	$4,110
10	27	Idaho	$1,365	$2,711	$4,077
11	18	Massachusetts	$1,548	$2,477	$4,025
12	3	Florida	$1,237	$2,751	$3,987
13	9	Ohio	$1,446	$2,540	$3,985
14	42	Rhode Island	$1,989	$1,983	$3,972
15	39	Arizona	$1,437	$2,514	$3,950
16	34	Wyoming	$1,460	$2,462	$3,922
17	38	Minnesota	$1,403	$2,517	$3,920
18	23	Louisiana	$1,491	$2,406	$3,897
19	15	Virginia	$1,528	$2,355	$3,883
20	19	Michigan	$1,424	$2,380	$3,804
21	11	North Dakota	$1,515	$2,285	$3,800
22	41	District of Columbia	$1,363	$2,322	$3,685
23	35	Delaware	$1,401	$2,248	$3,649
24	20	West Virginia	$1,421	$2,216	$3,637
25	51	Kansas	$1,453	$2,161	$3,615
26	45	Nebraska	$1,529	$2,079	$3,608
27	10	Washington	$1,452	$2,154	$3,607
28	31	Georgia	$1,402	$2,201	$3,604
29	26	South Carolina	$1,366	$2,155	$3,522
30	30	Alabama	$1,529	$1,983	$3,512
31	43	Illinois	$1,422	$2,083	$3,505
32	12	Tennessee	$1,450	$2,033	$3,483
33	13	New Mexico	$1,401	$2,079	$3,480
34	52	Nevada	$1,248	$2,223	$3,471
35	50	Indiana	$1,452	$2,013	$3,465
36	21	Hawaii	$1,303	$2,139	$3,442
37	49	Maine	$1,456	$1,976	$3,432
38	40	Maryland	$1,481	$1,921	$3,402
39	24	Connecticut	$1,408	$1,983	$3,391
40	48	Vermont	$1,483	$1,889	$3,372
41	29	Colorado	$1,449	$1,917	$3,366
42	32	South Dakota	$1,458	$1,905	$3,363
43	36	New Hampshire	$1,533	$1,825	$3,358
44	47	Missouri	$1,344	$2,012	$3,356
45	44	Kentucky	$1,488	$1,893	$3,341
46	25	Mississippi	$1,480	$1,855	$3,335
47	5	Oregon	$1,450	$1,883	$3,333
48	22	Wisconsin	$1,491	$1,812	$3,303
49	33	Montana	$1,409	$1,890	$3,298
50	37	Iowa	$1,477	$1,784	$3,261
51	46	North Carolina	$1,476	$1,779	$3,255
52	17	Arkansas	$1,466	$1,542	$3,007

		Average	$1,463	$2,277	$3,741

Good Faith Estimate Closing Cost Ranking Table

Previous Entries