What closing actually costs in Connecticut.
The fees on a closing statement are not a mystery once someone explains them. Here is what buyers and sellers each pay, and where every line comes from.
Loan and lender
Title and legal
Recording and prepaids
Commission
Conveyance tax
Payoff and legal
Your figures depend on the deal.
What buyers pay.
Most of a buyer's costs come from the loan and from protecting the purchase. Categories, not exact dollars, because the numbers move with price, loan, and town.
Loan & lender fees
Origination, application, appraisal, and credit costs your lender charges to make the loan. These show up on your Loan Estimate.
Title search & insurance
The search that reveals liens, unreleased mortgages, easements, and gaps affecting title, plus the lender's policy and an optional owner's policy. More on title.
Attorney fee
Your closing attorney's fee for handling the transaction. Ours is a flat $1,050 for most residential closings, in writing before we start. What attorneys cost in CT.
Recording fees
Town charges to record the deed and mortgage in the land records so your ownership is official.
Prepaids & escrows
Property taxes and homeowners insurance collected in advance and held in escrow, plus any prepaid interest.
What sellers pay.
A seller's costs come out of the sale proceeds at closing. The two big ones are usually the commission and the conveyance tax.
Real estate commission
The agreed commission for the agents involved, set in your listing agreement.
Conveyance tax
Connecticut's tax on selling real estate, with a state portion and a municipal portion. The amount depends on price and town, and your attorney calculates it for your sale.
Mortgage payoff
The remaining balance on your current mortgage, paid from the proceeds so the lien is released.
Attorney fee
Your attorney's fee for handling the sale, the payoff, and the transfer of title. Ours is the same flat $1,050 as the buy side on most residential closings.
What refinancers pay.
A refinance has fewer line items than a purchase. There's no seller, no commission, and no conveyance tax, because nothing changes hands.
Loan & lender fees
Origination, appraisal, and credit costs from your new lender. These show up on your Loan Estimate.
Title rundown & lender's policy
A check for new liens since you bought, plus a new lender's title insurance policy. Your existing owner's policy stays in effect.
Attorney fee
Our refinance fee is flat and in writing before we start. How a refinance closing works.
Recording fees
Town charges to record the new mortgage and release the old one in the land records.
Categories are easy. Your numbers take five minutes.Closing costs · Mancuso Carey
Want your actual figures?
Categories only get you so far. Put your own numbers into the buyer closing cost calculator or the seller net sheet and you’ll have a working estimate in about a minute. For an exact figure on a real deal:
Free consultation.
We will walk you through:
- An estimate for your price and town
- Which costs are yours, and which are negotiable
- What to expect on your closing statement
Tap2CloseOne.
Generate for clients on the spot:
- Instant buyer closing-cost estimates
- Seller net sheets at any price point
- Free, sponsored by our firm
Closing-cost questions.
Who pays closing costs, the buyer or the seller?
How much are closing costs in Connecticut?
What is the Connecticut conveyance tax?
Can closing costs be negotiated?
The figures on this page are Connecticut’s. We also close throughout Massachusetts, where the taxes and recording fees differ. Call and we’ll walk you through yours. This is general information, not legal advice. Every situation is different. Reach out to discuss yours.
Get your number in one call.
Tell us the price and the town and we will give you a straight estimate, and answer whatever else is on your mind. No charge.
Get my estimate