Closing costs

What you actually
bring — or take home.

Buyers underestimate cash to close. Sellers overestimate their check. This runs the Florida line items — doc stamps, intangible tax, title, estoppel, prepaids — so you see the real number early enough to plan around it.

Estimated cash to close

$145,485

Down payment $130,000 + closing costs $8,685 + prepaids $6,800

Down payment

$130,000

Lender fees (origination, underwriting)

$2,500

Appraisal

$650

Intangible tax on the note

$2 per $1,000 financed — Florida

$1,040

Doc stamps on the note

$0.35 per $100 financed

$1,820

Title search & exam

$350

Lender's title policy

$325

Settlement / closing fee

$650

Survey

$500

Home inspection

$550

Recording fees

$300

Prepaid property taxes (3 mo.)

$2,600

First-year insurance premium

$4,200

In Miami-Dade and Broward the seller customarily pays the owner's title policy and deed doc stamps, so those aren't included above. Everything here is an estimate — your lender's Loan Estimate governs.

Doc stamps are unavoidable

Florida taxes the deed at $0.70 per $100 of price and the mortgage note at $0.35 per $100, plus a $2-per-$1,000 intangible tax. On a $650,000 purchase that is thousands before anyone touches title.

Who pays what is customary, not fixed

In Miami-Dade and Broward the seller normally pays the owner's title policy and deed stamps. It is negotiable — and in a slower market, worth negotiating.

Prepaids surprise buyers

Your first-year insurance premium and several months of taxes are collected at closing. Florida premiums make this the single biggest gap between a buyer's guess and reality.

Sellers: estoppel and payoff timing

Condo estoppel letters, municipal lien searches and per-diem interest on your payoff all shave the final wire. Build a cushion of a few thousand dollars.

Want exact numbers for a specific property?

Send me the address and I'll build a line-by-line estimate with your county, your closing date and your lender's terms.