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Closing costs in Virginia

What a buyer or seller pays at the closing table in Virginia — the real transfer-tax rate, recording fees, title-insurance method and attorney rules, plus a calculator that uses Virginia's actual rates.

Source-verified · 2026-Q2Va. Code § 58.1-801 et seq. (recordation & grantor taxes) Official source ↗
Transfer tax
0.25%
customarily split-paid
Recording fee (deed)
~$35
a flat fee per document
Title insurance
filed
~$4.00 / $1,000
Attorney at closing
Not required

How closing costs work in Virginia

The biggest closing-cost variable in Virginia is the real-estate transfer tax, which here is 0.25% and is customarily split-paid. Virginia splits its transfer taxes: the SELLER pays the state grantor tax of $0.50 per $500 (0.10%) plus a regional WMATA tax in Northern Virginia/Hampton Roads, while the BUYER pays the state recordation tax of $2.50 per $1,000 (0.25%) plus a local recordation tax (typically 1/3 of the state amount). Combined, the buyer's and seller's transfer costs each land near 0.2%–0.35%.

On a $400,000 home, the state-level transfer tax works out to roughly $1,000 , before any county or city add-ons. County recording fees are a flat fee per document and run around $35 for the deed.

For title insurance, Virginia title-insurance rates are filed with the state and broadly similar between companies, though you can sometimes shop. Virginia does not require an attorney at closing — a title or escrow company typically handles settlement, though you can hire an attorney if you want one. Lenders here typically charge $1,500–$3,200 in origination and processing fees, and 2 months of property-tax escrow is commonly collected at closing.

Statute: Va. Code § 58.1-801 et seq. (recordation & grantor taxes). Official source ↗

Virginia closing cost calculator

Pre-set to Virginia. Adjust your price, down payment and loan type.

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%

Estimated closing costs

$8,984

≈ 2.25% of the home price · excludes your down payment

Cash to close

$88,984

incl. down payment

Line-by-line breakdown

Transfer / recordation tax (your share) $500
Deed & mortgage recording fees $35
Owner's title insurance $1,600
Lender's title insurance $896
Lender fees (origination, underwriting, processing) $2,350
Appraisal $550
Credit report & flood cert $70
Home inspection $450
Homeowners insurance (first year) $1,800
Property-tax escrow (~2 months) $733

Frequently asked questions

How much are closing costs in Virginia?

In Virginia, buyer closing costs typically run about 2%–5% of the purchase price. The state-specific pieces are the transfer tax (0.25%, customarily split-paid), county recording fees (a flat fee per document, around $35), and title insurance. Virginia does not require an attorney at closing. Use the calculator above for your price.

What is the transfer tax in Virginia?

Virginia's real-estate transfer tax is 0.25% and is customarily split-paid. Virginia splits its transfer taxes: the SELLER pays the state grantor tax of $0.50 per $500 (0.10%) plus a regional WMATA tax in Northern Virginia/Hampton Roads, while the BUYER pays the state recordation tax of $2.50 per $1,000 (0.25%) plus a local recordation tax (typically 1/3 of the state amount). Combined, the buyer's and seller's transfer costs each land near 0.2%–0.35%.

Who pays closing costs in Virginia?

Both buyer and seller pay different items. The transfer tax in Virginia is customarily split-paid. Buyers generally cover lender fees, the appraisal, lender's title insurance and prepaids; sellers generally cover the agent commission and, in most states, the bulk of the transfer tax. Everything is negotiable in the contract.

Do I need an attorney to close in Virginia?

No. Virginia does not require an attorney at closing; a title or escrow company typically handles settlement. You may still choose to hire one.

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