Purchase details
Estimates only. Florida documentary stamp taxes on the deed are approximated at $0.70 per $100 of price (Miami-Dade differs; special rules may apply). Actual costs vary by county, lender, and transaction. You supply all figures; no MortgageQuote.com rate is quoted or implied.
Estimated cash to close
What goes into Florida closing costs
Closing costs are the fees and prepaid items you pay to complete a home purchase, separate from your down payment (though both are due at closing). In Florida, one distinctive line is the documentary stamp tax on the deed, a state transfer tax calculated on the sale price. Most Florida counties apply a rate of $0.70 per $100 of consideration, while Miami-Dade uses a different structure. Who customarily pays the deed stamps can vary by county and by negotiation.
Other typical costs
Beyond transfer taxes, closing costs commonly include lender charges (such as origination), title insurance and settlement fees, an appraisal, recording fees, and prepaid or escrowed items like property taxes and homeowners insurance. In Florida, remember that insurance, including possible windstorm and flood coverage, can be a significant prepaid and ongoing cost.
Use this as a starting point
This estimator gives a ballpark so you can plan. Your actual cash to close is itemized on your Loan Estimate and, later, your Closing Disclosure. A licensed loan originator can give you figures specific to your county, price, and loan.