Colorado closing cost calculator
Colorado buyers pay a documentary fee of $0.01 per $100 and no mortgage tax. Some mountain resort towns add their own transfer taxes and
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Same loan and costs, different prices. Useful for weighing
A Colorado purchase, worked out
The calculator opens on $575,000, about the median value of an owner-occupied home in Colorado ($574,600, 2024 Census estimate), with 20% down on a 30-year conventional loan and a closing on
The buyer brings about $123,843: $115,000 down and $8,843 in closing costs, 1.5% of the price. Colorado’s taxes on the buyer come to $58 of that: documentary fee $58. The monthly payment comes to about $3,627, with property
| Down payment | $115,000 |
|---|---|
| Origination and lender feesest. | +$4,600 |
| Appraisalest. | +$700 |
| Lender’s title insuranceest. | +$506 |
| Settlement or escrow feeest. | +$600 |
| Recording feesest. | +$250 |
| Documentary fee | +$58 |
| Property tax credit from the sellerest. | −$5,325 |
| Homeowner’s insurance, first yearest. | +$2,875 |
| Prepaid interest (27 days)est. | +$2,212 |
| Property tax escrow (3 months)est. | +$1,438 |
| Insurance escrow (2 months)est. | +$479 |
| Home inspectionest. | +$450 |
| Cash to close | $123,843 |
Estimates are tagged “est.”; Colorado’s taxes follow its rules. A “−” is a credit, like the seller’s share of this year’s property tax where it’s paid after
At other prices
Colorado has no state tax of its own on the buyer. The buyer usually pays the documentary fee too. Each row has 20% down on
| Price | Colorado’s buyer taxes | Closing costs | Cash to close | Monthly payment |
|---|---|---|---|---|
| $250,000 | $25 | $5,547 | $55,547 | $1,597 |
| $500,000 | $50 | $8,010 | $108,010 | $3,153 |
| $750,000 | $75 | $10,925 | $160,925 | $4,730 |
| $1,000,000 | $100 | $13,900 | $213,900 | $6,307 |
| $2,000,000 | $200 | $25,799 | $425,799 | $12,613 |
Buying in Colorado: what to know
No buyer’s taxes
Colorado has no mortgage tax. The buyer’s only state charge is the 0.01% documentary fee, plus any local transfer tax or private transfer fee assigned
Documentary fee
Colorado’s state documentary fee is $0.01 per $100 of the price (0.01%) when the price is over $500, so $40 on a $400,000 sale. Whoever records the deed pays it, which in practice is the buyer. A few home-rule mountain and resort towns, including Aspen, Snowmass Village, Vail, Avon, Breckenridge, Telluride, Mountain Village and Crested Butte, kept local transfer taxes that predate 1992, and the contract says
Title insurance
The state-approved Colorado contract defaults to the seller choosing the title company and paying for the owner’s policy when neither box is checked. Any extra premium for owner’s extended coverage is
Who runs the closing
Title companies provide closing services in Colorado; an attorney isn’t required. The closing services fee is set in the contract
Property taxes and escrow
Colorado taxes are paid in arrears: each year’s tax is paid the next year, in full by April 30 or in halves by the last day of February and June 15. The standard contract prorates the closing year using the prior year’s taxes or the latest mill levy and valuation, so the seller
Local differences
Resort areas often add private transfer fees owed to an HOA or foundation, and the Colorado contract has a line for them. Non-resident sellers may also face Colorado income tax
Buying in Colorado: questions
What is the Colorado documentary fee?
It is a state fee of $0.01 per $100 of the price, paid when the deed is recorded. On a $400,000 home it is $40, and the buyer
Do mountain towns in Colorado charge transfer taxes?
Some do. Towns including Aspen, Snowmass Village, Vail, Avon, Breckenridge, Telluride, Mountain Village and Crested Butte have local transfer taxes, and resort communities often add private transfer fees. Your contract
Who pays closing fees in Colorado?
The title company’s closing services fee is assigned in the Colorado contract and is commonly split between
How much are closing costs in Colorado?
On a $575,000 home with 20% down on a conventional loan, the calculator’s estimates put a Colorado buyer’s closing costs at about $8,843, or 1.5% of the price, and cash to close at $123,843. Colorado’s taxes on the buyer come to $58 of that: documentary fee $58. Lender fees, insurance and the rate vary, so put in your lender’s Loan Estimate for
Is anything I type saved?
No. The calculator runs in your browser and sends nothing to us. A copied link carries the numbers in the address itself, so only people you share it with
Sources
Colorado’s rules were checked against these on
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Further reading
All posts
What buyers pay at closing in every state: lender and loan fees, title, buyer-only taxes like Florida's note stamps and New York's mortgage
Every line on a seller net sheet explained: commissions, payoffs, title, transfer taxes and prorations, with a worked example and every
Every state's transfer tax, checked: 36 places charge one, 15 don't, and on a $400,000 sale it runs from $40 to $16,000. Who pays
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