Closing costs calculator

Virginia Closing Costs Calculator for Home Buyers

Get a rough estimate of what you'll pay at closing when buying a home in Virginia, then subtract any seller concession or lender credit to see your cash to close. Every default is an editable starting point.

Your numbers

Home price ($)Down payment (%)VA loans can be 0% for eligible buyers.Interest rate (%)Recording tax rate ($ per $100)State plus local portion; applied to price and loan.Lender fees (% of loan)Origination, underwriting and similar fees.Appraisal ($)Title insurance (% of price)Settlement and other fees ($)Homeowners insurance ($ per year)Property tax rate (% per year)Seller concession or lender credit ($)Credits can't exceed your actual costs.

Estimated closing costs

$12,123

About 3.5% of the price

Recording taxes (deed and deed of trust)$2,273
Lender fees$3,325
Appraisal$600
Title insurance$1,750
Settlement and other fees$900
First-year homeowners insurance$1,500
Property tax escrow (about 3 months)$875
Prepaid interest (about 15 days)$901

Closing costs after credits

$12,123

Cash to close with down payment

$29,623

Estimate only, using adjustable assumptions. It doesn't include HOA fees, inspections, the VA funding fee or FHA upfront mortgage insurance. Your lender's Loan Estimate is the official figure.

Next steps

Lowering your cash to close

Read my guides to buyer closing costs in Virginia, seller concession limits by loan type, how to lower closing costs and closing cost assistance in Virginia. Selling instead? Try the seller net proceeds calculator, or set your budget with the mortgage calculator.

FAQ

Virginia Closing Costs FAQs

How much are closing costs in Virginia?

Buyer closing costs in Virginia often land somewhere around 2% to 5% of the purchase price, depending on the loan, the lender's fees, title insurance, recording taxes and how much is collected upfront for insurance, taxes and interest. Your lender's Loan Estimate is the official number.

What are Virginia recording taxes?

Virginia charges recordation taxes when the deed and the deed of trust are recorded. Buyers typically pay the state rate plus a local portion on both the price and the loan amount. This calculator uses a combined default rate you can adjust.

Can the seller pay my closing costs?

Often, yes, through a seller concession negotiated in your contract. Each loan type caps how much a seller can contribute, and credits can't exceed your actual costs.

Does this include the VA funding fee or FHA upfront mortgage insurance?

No. Those are usually financed into the loan rather than paid at closing. Ask your lender how they apply to you.

Plan your purchase

Want a real closing cost estimate?

I'll connect you with a trusted local lender for an official Loan Estimate and help you negotiate concessions in your offer.