51. Indiana

Family outside house
Kurhan / Shutterstock

In Indiana, a borrower pays average mortgage closing costs, including taxes, of $1,909.

  • Percentage of the average selling price: 0.99%
  • Average home selling price: $193,284
  • Average closing costs without taxes: $1,909

Fayette County, Indiana, is the U.S. county with the lowest average closing costs, including taxes: just $1,634, according to ClosingCorp.

50. Missouri

Older couple outside
Lana G / Shutterstock

In Missouri, a typical borrower pays mortgage closing costs, including taxes, of $2,063.

  • Percentage of the average selling price: 1.02%
  • Average home selling price: $202,572
  • Average closing costs without taxes: $2,063

If you can’t pay your closing costs upfront, you might ask your lender to cover part of the tab in exchange for a slightly higher interest rate — but probably one that's still historically low, given where mortgage rates are today.

49. South Dakota

Family in grass
Varuna / Shutterstock

In South Dakota, a borrower pays average mortgage closing costs, including taxes, of $2,159.

  • Percentage of the average selling price: 1.19%
  • Average home selling price: $181,137
  • Average closing costs without taxes: $2,002

Another option if you don't have the cash for your closing costs is to roll them into your loan.

48. Iowa

Father and son
Suzanne Tucker / Shutterstock

In Iowa, a borrower pays average mortgage closing costs, including taxes, of $2,194.

  • Percentage of the average selling price: 1.27%
  • Average home selling price: $172,227
  • Average closing costs without taxes: $1,954

47. Kentucky

Family sitting in truck
Ursala Page / Shutterstock

In Kentucky, a borrower pays average mortgage closing costs, including taxes, of $2,276.

  • Percentage of the average selling price: 1.32%
  • Average home selling price: $172,637
  • Average closing costs without taxes: $2,126

When you refinance to take advantage of a lower mortgage rate, you want to feel sure you'll remain in the house long enough to make back your closing costs with the savings from your new mortgage.

If you plan on staying three more years (36 months) and closing costs are $2,276, the math shows that your new mortgage will need to save you at least $63.22 per month.

46. Nebraska

Family horse back riding
cynoclub / Shutterstock

In Nebraska, a borrower pays average mortgage closing costs, including taxes, of $2,303.

  • Percentage of the average selling price: 1.21%
  • Average home selling price: $189,620
  • Average closing costs without taxes: $1,952

45. Alabama

Family on beach
Deborah Kolb / Shutterstock

In Alabama, a borrower pays average mortgage closing costs, including taxes, of $2,416.

  • Percentage of the average selling price: 1.39%
  • Average home selling price: $174,247
  • Average closing costs without taxes: $2,198

44. North Dakota

Father and kids in hay field
Fam Veld / Shutterstock

In North Dakota, a borrower pays average mortgage closing costs, including taxes, of $2,428.

  • Percentage of the average selling price: 1.13%
  • Average home selling price: $214,782
  • Average closing costs without taxes: $2,428

43. Wyoming

Family in field
Lightfield Studios / Shutterstock

In Wyoming, a borrower pays average mortgage closing costs, including taxes, of $2,430.

  • Percentage of the average selling price: 0.86%
  • Average home selling price: $283,881
  • Average closing costs without taxes: $2,430

Mortgage rates have fallen so far that a refinance is often worth it, even with the closing costs. A recent LendingTree study found that homeowners who refinance loans taken out just one year ago can save $60 a month for every $100,000 they borrow.

42. Kansas

Older couple in wheat field
Ruslan Huzau / Shutterstock

In Kansas, a borrower pays average mortgage closing costs, including taxes, of $2,459.

  • Percentage of the average selling price: 1.04%
  • Average home selling price: $236,909
  • Average closing costs without taxes: $2,459

41. Mississippi

Older couple by lake
XinXinXing / Shutterstock

In Mississippi, a borrower pays average mortgage closing costs, including taxes, of $2,548.

  • Percentage of the average selling price: 1.14%
  • Average home selling price: $224,323
  • Average closing costs without taxes: $2,548

40. Arkansas

Family in red
Bonita R Chesier / Shutterstock

In Arkansas, a borrower pays average mortgage closing costs, including taxes, of $2,562.

  • Percentage of the average selling price: 1.6%
  • Average home selling price: $160,261
  • Average closing costs without taxes: $2,056

Refinancing is a great way to shrink your monthly budget amid the coronavirus economic crisis. To find the best refinance mortgage in your area, compare rates from multiple lenders.

39. Wisconsin

Family hiking
David Prahl / Shutterstock

In Wisconsin, a borrower pays average mortgage closing costs, including taxes, of $2,615.

  • Percentage of the average selling price: 1.34%
  • Average home selling price: $195,654
  • Average closing costs without taxes: $2,158

38. Montana

Family in national park
Brocreative / Shutterstock

In Montana, a borrower pays average mortgage closing costs, including taxes, of $2,773.

  • Percentage of the average selling price: 0.95%
  • Average home selling price: $292,942
  • Average closing costs without taxes: $2,773

Most borrowers choose America's most popular home loan, the 30-year fixed-rate mortgage. Thirty-year mortgage rates this year have been at record lows, below 3.5%.

37. North Carolina

Older couple on boardwalk
iofoto / Shutterstock

In North Carolina, a borrower pays average mortgage closing costs, including taxes, of $2,839.

  • Percentage of the average selling price: 1.19%
  • Average home selling price: $237,867
  • Average closing costs without taxes: $2,308

36. New Mexico

Family hiking in New Mexico
margaret.wiktor/ Shutterstock

In New Mexico, a borrower pays average mortgage closing costs, including taxes, of $2,908.

  • Percentage of the average selling price: 1.12%
  • Average home selling price: $258,857
  • Average closing costs without taxes: $2,908

Closing costs are just one consideration when you take out a mortgage to buy a home or refinance. Another big one — besides your interest rate — is your loan term. You may consider the pros and cons and decide to go with a 15-year mortgage, instead of a 30-year.

35. Oklahoma

Mother and kids petting a cow
WorldStockPhoto / Shutterstock

In Oklahoma, a borrower pays average mortgage closing costs, including taxes, of $2,997.

  • Percentage of the average selling price: 1.97%
  • Average home selling price: $152,272
  • Average closing costs without taxes: $2,631

34. Idaho

Family walking in Indianapolis
jamiesue / Twenty20

In Idaho, a borrower pays average mortgage closing costs, including taxes, of $3,063.

  • Percentage of the average selling price: 1.06%
  • Average home selling price: $290,099
  • Average closing costs without taxes: $3,063

33. South Carolina

Couple walking near waterfront
Cavan-Images / Shutterstock

In South Carolina, a borrower pays average mortgage closing costs, including taxes, of $3,316.

  • Percentage of the average selling price: 1.45%
  • Average home selling price: $228,866
  • Average closing costs without taxes: $2,402

Ready to move forward with a refinance? Do your homework so you'll score the lowest possible mortgage rate.

32. Ohio

Mom and kids in Ohio
tamaradavis93 / Twenty20

In Ohio, a borrower pays average mortgage closing costs, including taxes, of $3,360.

  • Percentage of the average selling price: 2.03%
  • Average home selling price: $165,732
  • Average closing costs without taxes: $2,846

31. Louisiana

Person sitting on doorstep
ashtonsaywahh / Twenty20

In Louisiana, a borrower pays average mortgage closing costs, including taxes, of $3,365.

  • Percentage of the average selling price: 1.74%
  • Average home selling price: $193,364
  • Average closing costs without taxes: $3,040

30. West Virginia

Mom and baby in a sunflower field
ShannonCamille / Twenty20

In West Virginia, a borrower pays average mortgage closing costs, including taxes, of $3,384.

  • Percentage of the average selling price: 2.14%
  • Average home selling price: $158,063
  • Average closing costs without taxes: $2,483

29. Alaska

Family on an Alaskan cruise
cocoperl / Twenty20

In Alaska, a borrower pays average mortgage closing costs, including taxes, of $3,517.

  • Percentage of the average selling price: 1.17%
  • Average home selling price: $300,079
  • Average closing costs without taxes: $3,517

When refinancing, avoid common and costly mistakes like not comparison-shopping to find the best deal.

28. Arizona

Older couple hiking in Arizona
ron4 / Twenty20

In Arizona, a borrower pays average mortgage closing costs, including taxes, of $3,631.

  • Percentage of the average selling price: 1.22%
  • Average home selling price: $296,978
  • Average closing costs without taxes: $3,631

27. Maine

Family rafting in Maine
DrCory / Twenty20

In Maine, a borrower pays average mortgage closing costs, including taxes, of $3,654.

  • Percentage of the average selling price: 1.41%
  • Average home selling price: $259,925
  • Average closing costs without taxes: $2,543

26. Georgia

Older couple in Georgia
Fotoluminate LLC / Shutterstock

In Georgia, a borrower pays average mortgage closing costs, including taxes, of $3,658.

  • Percentage of the average selling price: 1.58%
  • Average home selling price: $231,593
  • Average closing costs without taxes: $2,792

How crucial is it to shop around to find the best mortgage? Homebuyers who go with the very first lender typically pay extra interest costs totaling close to $38,000 over the life of a 30-year mortgage, LendingTree found.

25. Colorado

Family skiing in Colorado
amyrenee40k / Twenty20

In Colorado, a borrower pays average mortgage closing costs, including taxes, of $3,672.

  • Percentage of the average selling price: 0.86%
  • Average home selling price: $ 424,479
  • Average closing costs without taxes: $ 3,593

24. Texas

Couple in Texas
ehenry85 / Twenty20

In Texas, a borrower pays average mortgage closing costs, including taxes, of $3,744.

  • Percentage of the average selling price: 1.37%
  • Average home selling price: $274,163
  • Average closing costs without taxes: $3,744

23. Tennessee

Older couple in Tennessee
opkirilka / Twenty20

In Tennessee, a borrower pays average mortgage closing costs, including taxes, of $3,745.

  • Percentage of the average selling price: 1.75%
  • Average home selling price: $213,455
  • Average closing costs without taxes: $2,575

22. Minnesota

Family on a raft in a lake
Stevie Skjold / Shutterstock

In Minnesota, a borrower pays average mortgage closing costs, including taxes, of $3,785.

  • Percentage of the average selling price: 1.52%
  • Average home selling price: $248,296
  • Average closing costs without taxes: $2,434

No one really knows where mortgage rates are going to go, so if you spot a low rate that works for you, try to lock it so it won't slip away.

21. Oregon

Family in the woods
Brocreative / Shutterstock

In Oregon, a borrower pays average mortgage closing costs, including taxes, of $3,969.

  • Percentage of the average selling price: 1.11%
  • Average home selling price: $356,408
  • Average closing costs without taxes: $3,612

20. Michigan

Family on a boat
Suzanne Tucker / Shutterstock

In Michigan, a borrower pays average mortgage closing costs, including taxes, of $4,014.

  • Percentage of the average selling price: 2.33%
  • Average home selling price: $172,599
  • Average closing costs without taxes: $2,716

19. Utah

Older couple in Utah
Fotoluminate LLC / Shutterstock

In Utah, a borrower pays average mortgage closing costs, including taxes, of $4,026.

  • Percentage of the average selling price: 1.11%
  • Average home selling price: $363,324
  • Average closing costs without taxes: $4,026

18. Rhode Island

Older couple sitting on bend overlooking water
Backstage Bettie / Shutterstock

In Rhode Island, a borrower pays average mortgage closing costs, including taxes, of $4,527.

  • Percentage of the average selling price: 1.42%
  • Average home selling price: $318,095
  • Average closing costs without taxes: $2,912

17. Nevada

Family bike riding in Nevada
Brocreative / Shutterstock

In Nevada, a borrower pays average mortgage closing costs, including taxes, of $5,546.

  • Percentage of the average selling price: 1.67%
  • Average home selling price: $331,296
  • Average closing costs without taxes: $3,851

16. Illinois

Family in apple orchard
Iakov Filiminov / Shutterstock

In Illinois, a borrower pays average mortgage closing costs, including taxes, of $5,609.

  • Percentage of the average selling price: 2.35%
  • Average home selling price: $238,982
  • Average closing costs without taxes: $4,502

Centralia, Illinois, is the U.S. metro area with the lowest average closing costs, according to ClosingCorp: $1,821, including taxes. Low closing costs can make a low mortgage rate even sweeter.

15. Virginia

Older couple in Vineyard
Dora Ramirez / Shutterstock

In Virginia, a borrower pays average mortgage closing costs, including taxes, of $5,959.

  • Percentage of the average selling price: 1.8%
  • Average home selling price: $330,371
  • Average closing costs without taxes: $3,282

14. Massachusetts

Older couple looking over harbor
2p2play / Shutterstock

In Massachusetts, a borrower pays average mortgage closing costs, including taxes, of $5,964.

  • Percentage of the average selling price: 1.2%
  • Average home selling price: $497,429
  • Average closing costs without taxes: $3,876

13. Vermont

Family in woods
Liderina / Shutterstock

In Vermont, a borrower pays average mortgage closing costs, including taxes, of $5,994.

  • Percentage of the average selling price: 2.58%
  • Average home selling price: $231,934
  • Average closing costs without taxes: $2,934

12. New Jersey

Older couple sitting on a boardwalk
Jenny Sturm / Shutterstock

In New Jersey, a borrower pays average mortgage closing costs, including taxes, of $6,012.

  • Percentage of the average selling price: 1.67%
  • Average home selling price: $359,349
  • Average closing costs without taxes: $3,635

11. New Hampshire

Family snow shoeing in New Hampshire
Karen Wunderman / Shutterstock

In New Hampshire, a borrower pays average mortgage closing costs, including taxes, of $6,271.

  • Percentage of the average selling price: 2.28%
  • Average home selling price: $274,653
  • Average closing costs without taxes: $2,485

10. Florida

Family sitting on a beach in Florida
ArrowStudio / Shutterstock

In Florida, a borrower pays average mortgage closing costs, including taxes, of $6,457.

  • Percentage of the average selling price: 2.3%
  • Average home selling price: $280,389
  • Average closing costs without taxes: $3,569

9. California

Older couple biking on the beach
sirtavelalot / Shutterstock

In California, a borrower pays average mortgage closing costs, including taxes, of $6,537.

  • Percentage of the average selling price: 1.05%
  • Average home selling price: $622,881
  • Average closing costs without taxes: $5,064

California is home to the city with America's highest closing costs: San Francisco, at an average $11,125.

8. Hawaii

Family at the beach
Tom Wang / Shutterstock

In Hawaii, a borrower pays average mortgage closing costs, including taxes, of $6,746.

  • Percentage of the average selling price: 1.04%
  • Average home selling price: $646,019
  • Average closing costs without taxes: $5,388

7. Connecticut

Older couple in the winter
Dan Hamscom / Shutterstock

In Connecticut, a borrower pays average mortgage closing costs, including taxes, of $7,091.

  • Percentage of the average selling price: 2.2%
  • Average home selling price: $321,609
  • Average closing costs without taxes: $3,489

6. Pennsylvania

Older couple walking through a park
Amy Lutz / Shutterstock

In Pennsylvania, a borrower pays average mortgage closing costs, including taxes, of $10,076.

  • Percentage of the average selling price: 4.88%
  • Average home selling price: $206,405
  • Average closing costs without taxes: $4,059

5. Maryland

Family eating a meal together
Monkey Business Images / Shutterstock

In Maryland, a borrower pays average mortgage closing costs, including taxes, of $11,876.

  • Percentage of the average selling price: 3.65%
  • Average home selling price: $325,234
  • Average closing costs without taxes: $3,737

4. Washington

Couple sitting on a bench
fitzcrittle / Shutterstock

In Washington, a borrower pays average mortgage closing costs, including taxes, of $12,406.

  • Percentage of the average selling price: 2.86%
  • Average home selling price: $433,404
  • Average closing costs without taxes: $4,538

3. New York

Family sitting in Central Park
Travnikov Studio / Shutterstock

In New York, a borrower pays average mortgage closing costs, including taxes, of $12,847.

  • Percentage of the average selling price: 3.05%
  • Average home selling price: $421,836
  • Average closing costs without taxes: $5,612

New York's Kings County — which you know as Brooklyn — is the U.S. county with the highest average closing costs: an astounding $39,818, according to ClosingCorp. When you take out a home loan there, you need to do whatever it takes to find the lowest possible mortgage rate.

2. Delaware

Couple sitting on a dock
Maridav / Shutterstock

In Delaware, a borrower pays average mortgage closing costs, including taxes, of $13,273.

  • Percentage of the average selling price: 4.72%
  • Average home selling price: $281,308
  • Average closing costs without taxes: $3,350

1. District of Columbia

Family in Washington D.C.
Hay Kesteloo / Shutterstock

The District of Columbia has the nation's steepest mortgage closing costs, according to the ClosingCorp study, a borrower pays average mortgage closing costs, including taxes, of $25,800.

  • Percentage of the average selling price: 4%
  • Average home selling price: $645,108
  • Average closing costs without taxes: $5,723

Check today's best mortgage rates where you are:

About the Author

Doug Whiteman

Doug Whiteman

Editor-in-Chief

Doug Whiteman is the editor-in-chief of MoneyWise. He has been quoted by The Wall Street Journal, USA Today and CNBC.com and has been interviewed on Fox Business, CBS Radio and the syndicated TV show "First Business."

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