Connecticut closing cost calculator

Connecticut buyers pay no conveyance or mortgage tax. They customarily pay for the owner’s title policy and their own attorney.

Connecticut’s rules checked September 30, 2026Runs in your browser. Nothing you type is saved.

State Closing date

Connecticut: Conveyance tax: 1% to 2.5%, by price, and the seller usually pays it. Owner’s title is usually paid by the buyer. An attorney usually handles the closing.

Purchase price

$

The loan

Loan type

Down payment

Interest rate

%

Term

Estimated cash to close $88,096

2.3%closing costs

Purchase price$395,000
Down payment (20%)$79,000
- Loan amount$316,000
Loan costs+$3,860
- Origination and lender feesest.+$3,160
- Appraisalest.+$700
Title and closing+$3,633
- Lender’s title insuranceest.+$500
- Owner’s title insuranceest.+$1,383
- Settlement or escrow feeest.+$600
- Closing attorneyest.+$900
- Recording feesest.+$250
Taxes−$3,658
- Property tax credit from the sellerest.−$3,658
Prepaids and escrow+$4,811
- Homeowner’s insurance, first yearest.+$1,975
- Prepaid interest (27 days)est.+$1,519
- Property tax escrow (3 months)est.+$988
- Insurance escrow (2 months)est.+$329
Other costs+$450
- Home inspectionest.+$450
Cash to close$88,096

Estimated monthly payment$2,491

Principal and interest$1,997
Mortgage insurance$0
Property taxes$329
Insurance$165
HOA dues$0

An estimate, not a Loan Estimate or Closing Disclosure. Your lender's Loan Estimate and the title or escrow company give the final figures. Rates, fees and insurance vary by lender and property.

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A Connecticut purchase, worked out

The calculator opens on $395,000, about the median value of an owner-occupied home in Connecticut ($396,900, 2024 Census estimate), with 20% down on a 30-year conventional loan and a closing on December 5, 2026.

The buyer brings about $88,096: $79,000 down and $9,096 in closing costs, 2.3% of the price. Connecticut charges the buyer no state transfer or mortgage tax, though a county or city can. The monthly payment comes to about $2,491, with property tax and insurance.

Cash to close on $395,000, 20% down
Down payment	$79,000
Origination and lender feesest.	+$3,160
Appraisalest.	+$700
Lender’s title insuranceest.	+$500
Owner’s title insuranceest.	+$1,383
Settlement or escrow feeest.	+$600
Closing attorneyest.	+$900
Recording feesest.	+$250
Property tax credit from the sellerest.	−$3,658
Homeowner’s insurance, first yearest.	+$1,975
Prepaid interest (27 days)est.	+$1,519
Property tax escrow (3 months)est.	+$988
Insurance escrow (2 months)est.	+$329
Home inspectionest.	+$450
Cash to close	$88,096

Estimates are tagged “est.”; Connecticut’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 the year ends.

At other prices

Connecticut has no state tax of its own on the buyer. Each row has 20% down on a conventional loan.

Price	Connecticut’s buyer taxes	Closing costs	Cash to close	Monthly payment
$250,000	—	$7,297	$57,297	$1,597
$500,000	—	$10,610	$110,610	$3,153
$750,000	—	$14,375	$164,375	$4,730
$1,000,000	—	$18,200	$218,200	$6,307
$2,000,000	—	$33,499	$433,499	$12,613

Buying in Connecticut: what to know

No buyer’s taxes

Connecticut has no buyer-paid conveyance tax and no mortgage tax. The buyer’s costs are mainly the owner’s title policy, their attorney and lender charges.

Conveyance tax

For a home, Connecticut’s conveyance tax combines a state rate and a 0.25% municipal rate: 1% on the first $800,000, 1.5% on the part from $800,000 to $2.5 million and 2.5% above that. The seller pays both, and the tax applies when the price is $2,000 or more. Some towns that qualify as targeted investment communities add up to 0.25% more.

Title insurance

The buyer customarily pays for the owner’s policy in Connecticut. Only Connecticut attorneys can act as title insurance agents, so policies are issued through attorneys.

Who runs the closing

Connecticut is an attorney-closing state by custom, because only Connecticut attorneys can act as title agents. Each side typically hires its own attorney, and the seller’s attorney fee is a normal seller cost.

Property taxes and escrow

Connecticut towns run a July-to-June fiscal year, taxing the grand list from the prior October 1, and most bill in July and January installments. How taxes are prorated at closing varies by town, so confirm the local custom.

Local differences

Towns that adopted the extra 0.25% municipal rate include Bloomfield, Bridgeport, Bristol, East Hartford, Hamden, Hartford, Meriden, Middletown, New Britain, New Haven, New London, Norwalk, Norwich, Southington, Waterbury and Windham; Stamford charges 0.10% up to $1 million and 0.25% above. The list dates from 2020, so confirm with the town clerk.

Buying in Connecticut: questions

Does the buyer pay transfer tax in Connecticut?

No. The seller pays Connecticut’s state and municipal conveyance tax. Buyers pay no conveyance tax and no mortgage tax.

Who pays for title insurance in Connecticut?

The buyer customarily pays for the owner’s policy, which is issued through a Connecticut attorney acting as the title agent.

Do I need my own attorney to buy in Connecticut?

It’s the norm. Connecticut closings are run by attorneys, and buyers typically hire their own to review the contract, handle title and close.

How much are closing costs in Connecticut?

On a $395,000 home with 20% down on a conventional loan, the calculator’s estimates put a Connecticut buyer’s closing costs at about $9,096, or 2.3% of the price, and cash to close at $88,096. Connecticut charges the buyer no state transfer or mortgage tax, though a county or city can. Lender fees, insurance and the rate vary, so put in your lender’s Loan Estimate for a closer number.

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