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Virginia Closing Cost Calculator

Estimate buyer and seller closing costs for Virginia real estate transactions. Includes title insurance, grantor tax, recordation fees, and more.

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Understanding Virginia Closing Costs

Virginia closing costs typically range from 2% to 5% of the purchase price for buyers, and 1% to 3% for sellers (excluding agent commissions).

Virginia-Specific Fees

  • Grantor Tax (Seller): $0.50 per $500 of the sales price, paid by the seller.
  • State Recordation Tax: $0.25 per $100 of the sales price (buyers typically pay).
  • Locality Taxes: Some Virginia localities add additional recordation or transfer taxes.
  • Deed of Trust Recording: Based on loan amount, varies by county.

Title Insurance in Virginia

Virginia is a "simultaneous issue" state, meaning lender's and owner's title insurance can be issued together at a discounted rate. Pruitt Title LLC has been providing trusted title services across the DMV since 2007.