Choose buyer or seller, enter the price, and this calculator estimates the title insurance, closing fees, Florida documentary stamp taxes, recording fees and commissions due at a Florida closing.

I am the

Usually required for houses and townhouses. Varies with lot size.

Who pays for title insurance?

Set by paragraph 9(c) of the Florida Realtors/Florida Bar contract. Miami-Dade and Broward usually use option (iii).

Enter a price to see your estimate.

This is an estimate of closing costs only. It is not your cash to close or your net proceeds: it leaves out the down payment, loan amount, deposits, credits and prorations, plus homeowner's insurance, escrow reserves and lender fees. Those appear on your Closing Disclosure or settlement statement.

Estimate only, not legal advice. These figures are a general estimate for planning purposes. Actual costs depend on your contract, lender, title commitment and county, and will be shown on your settlement statement. Using this calculator does not create an attorney-client relationship.

What goes into Florida closing costs

Florida sets title insurance premiums by rule, so the owner's and lender's policies follow a published rate table. Who pays for the owner's policy is a term of your contract, and the default differs in Miami-Dade and Broward.

The state charges documentary stamp tax on the deed (usually paid by the seller) and on a new mortgage, plus an intangible tax on the mortgage (paid by the buyer). Miami-Dade uses its own deed rate and adds a surtax on other properties, such as multifamily buildings, commercial property and vacant land. Single-family homes, townhouses and condos do not pay the surtax.

Commissions, the mortgage payoff and association estoppel fees are usually the largest seller items. Insurance, tax prorations and lender charges are not part of this estimate.

Frequently asked questions

Who pays closing costs in Florida?
Both sides pay some. Sellers usually pay the doc stamp tax on the deed and the commissions; buyers pay the mortgage taxes, recording fees and the lender's title policy. Who pays the owner's title policy depends on paragraph 9(c) of the contract.
Is this calculator exact?
No. It is an estimate for planning. Your settlement statement and Closing Disclosure show the actual figures, and we can prepare an exact quote once we see the contract.
Does B&M Law Group handle my closing?
Yes. B&M Law Group is a Miami law firm and title agency that closes residential and commercial transactions throughout Florida. Book a consultation, send us a message, or call us.

This page is general information and an estimate tool, not legal or tax advice, and it does not create an attorney-client relationship.