Estimate all-in buyer closing costs — state transfer tax, title insurance, attorney fees, lender fees, and escrow reserves. Compare across 12 major states.
New York — NYS Real Estate Transfer Tax (0.4%)
Transfer tax typically paid by: seller
Local overlay: NYC RPTT adds 1.0% (<$500k) or 1.425% (>$500k). Mansion Tax 1-3.9% on >$1M (buyer).
Attorney-closing state. NYC adds the Mansion Tax on the buyer side above $1M, tiered up to 3.9% above $25M.
Total Closing Costs
$16,925
3.38% of sale price
State Transfer Tax
$2,000
NYS Real Estate Transfer Tax (0.4%)
Title Insurance
$2,500
Owner's policy (buyer's-side typical)
Attorney Fee
$3,500
Typical flat fee
Lender Fees
$6,200
Origination + appraisal + underwriting
Escrow Reserves
$2,500
~6 mo property tax + insurance
All-in buyer costs at $500,000 across 12 major USA states. Transfer tax, title insurance, attorney, lender fees, and escrow reserves — not deducted from seller side.