Average Mortgage Closing Costs by State: October 2026
Last updated . All data pieces · Methodology
The "Loan Costs" section of a Loan Estimate is usually what sends a borrower looking for the typical mortgage closing cost in their state. Location is only part of the answer. The loan program (conventional, FHA, VA or USDA) moves the total, and so does the choice to buy discount points. A refinance is priced differently from a purchase, too. One state average lumps all of those borrowers together. It also lets a small number of very large bills pull the mean above what a typical borrower pays, which is why this report shows both the median and the mean.
In 2025, the median home purchase borrower paid $6,654 in total loan costs and the average was $8,206, based on our analysis of 2,729,296 loans in federal Home Mortgage Disclosure Act (HMDA) data. Total loan costs is the "Total Loan Costs (Borrower-Paid)" line on the Closing Disclosure, which lenders must report under Regulation C. Under Regulation Z, that line adds up the borrower-paid origination charges, services the borrower did not shop for and services the borrower did shop for, such as settlement agent and title insurance fees. It leaves out taxes and other government fees, prepaids and the initial escrow deposit, and it counts only what the borrower paid, not seller-paid charges. Lender credits are subtracted later, in the Closing Disclosure's total closing costs, so they are not netted out of these figures. Recording fees and transfer taxes are covered in our report on average closing costs by state.
We analyzed loan-level HMDA records for 2022 through 2025, downloaded from the FFIEC HMDA Data Browser. In all we compiled 10 sources, including federal datasets and documentation, regulations, a CFPB report and an Urban Institute analysis, all reviewed in October 2026. Every median, average and share in the tables is our calculation, following the index's published methodology. We kept originated, closed-end, first-lien home purchase loans on site-built one- to four-unit principal residences, excluding reverse mortgages and business-purpose loans. That follows the loan definition in the CFPB's 2023 market report, with the business-purpose exclusion added. We dropped loans that reported "NA" or "Exempt" for total loan costs (46,403 of 2,775,707 loans in 2025) and loans whose reported costs exceeded the loan amount (8 in 2025), which we treated as reporting errors. Dollar figures are rounded to the nearest dollar.
Average Mortgage Closing Costs by State: 2025 Home Purchase Loans
This table gives the median and the average (mean) borrower-paid total loan costs on 2025 home purchase loans in each state and the District of Columbia, with the number of loans behind each figure.
| State | Median total loan costs | Average (mean) total loan costs | Loans with reported costs |
|---|---|---|---|
| U.S. (50 states and D.C.) | $6,654 | $8,206 | 2,729,296 |
| Alabama | $6,096 | $6,836 | 45,462 |
| Alaska | $7,738 | $8,800 | 5,722 |
| Arizona | $8,315 | $9,649 | 74,581 |
| Arkansas | $5,070 | $5,871 | 26,454 |
| California | $9,303 | $11,624 | 199,722 |
| Colorado | $6,259 | $8,321 | 64,888 |
| Connecticut | $6,521 | $8,252 | 26,911 |
| Delaware | $7,353 | $8,725 | 10,410 |
| District of Columbia | $7,488 | $9,675 | 4,667 |
| Florida | $8,695 | $9,933 | 221,896 |
| Georgia | $8,015 | $9,007 | 99,401 |
| Hawaii | $10,901 | $13,552 | 7,522 |
| Idaho | $8,727 | $10,169 | 20,762 |
| Illinois | $6,257 | $6,747 | 97,547 |
| Indiana | $3,899 | $5,171 | 70,136 |
| Iowa | $2,737 | $3,859 | 29,037 |
| Kansas | $3,747 | $5,001 | 25,409 |
| Kentucky | $4,923 | $5,988 | 36,687 |
| Louisiana | $6,256 | $6,913 | 29,340 |
| Maine | $4,718 | $6,246 | 10,599 |
| Maryland | $7,783 | $9,433 | 52,402 |
| Massachusetts | $5,546 | $7,670 | 46,795 |
| Michigan | $4,500 | $5,533 | 83,524 |
| Minnesota | $5,553 | $6,623 | 53,755 |
| Mississippi | $6,211 | $6,848 | 18,899 |
| Missouri | $4,246 | $5,278 | 57,442 |
| Montana | $7,485 | $8,883 | 8,143 |
| Nebraska | $3,502 | $4,800 | 17,402 |
| Nevada | $8,430 | $9,563 | 29,983 |
| New Hampshire | $4,693 | $6,547 | 11,555 |
| New Jersey | $7,459 | $9,640 | 62,233 |
| New Mexico | $6,720 | $7,825 | 15,276 |
| New York | $6,419 | $8,793 | 93,176 |
| North Carolina | $5,641 | $7,021 | 113,688 |
| North Dakota | $5,761 | $6,556 | 5,909 |
| Ohio | $5,220 | $6,278 | 105,358 |
| Oklahoma | $6,170 | $7,024 | 32,848 |
| Oregon | $7,731 | $9,326 | 34,354 |
| Pennsylvania | $6,490 | $7,562 | 94,021 |
| Rhode Island | $5,749 | $8,495 | 7,976 |
| South Carolina | $6,682 | $7,754 | 64,871 |
| South Dakota | $5,625 | $6,469 | 6,597 |
| Tennessee | $6,596 | $7,827 | 67,802 |
| Texas | $8,435 | $9,405 | 284,028 |
| Utah | $8,327 | $9,825 | 34,258 |
| Vermont | $5,122 | $6,323 | 4,188 |
| Virginia | $6,796 | $8,501 | 84,232 |
| Washington | $7,599 | $9,575 | 65,954 |
| West Virginia | $5,407 | $6,434 | 11,944 |
| Wisconsin | $3,435 | $4,486 | 48,682 |
| Wyoming | $7,301 | $7,966 | 4,848 |
Source: Our analysis of the FFIEC HMDA Data Browser, 2025 Snapshot National Loan-Level Dataset (published June 2026). Originated, closed-end, first-lien home purchase loans on site-built one- to four-unit principal residences, excluding reverse mortgages and business-purpose loans; loans reporting "NA" or "Exempt" for total loan costs and loans with costs above the loan amount excluded. All loan types combined. Borrower-paid Closing Disclosure Section D costs only; excludes taxes and government fees, prepaids, escrow deposits and seller-paid costs, and does not subtract lender credits.
The average is higher than the median in every state, a sign that a minority of large bills pulls each mean up. These figures are not adjusted for loan type, loan amount or discount points.
Mortgage Closing Cost Components by Loan Type: 2025
This table breaks the 2025 national purchase figures out by loan program, with the three components HMDA reports separately: origination charges, discount points and lender credits.
| Loan type | Loans with reported costs | Median total loan costs | Average total loan costs | Median origination charges | Share paying discount points | Median discount points, loans with points | Share receiving lender credits | Median lender credit, loans with credits |
|---|---|---|---|---|---|---|---|---|
| All loan types | 2,729,296 | $6,654 | $8,206 | $1,855 | 52.6% | $2,604 | 35.3% | $502 |
| Conventional | 1,800,171 | $5,574 | $6,836 | $1,870 | 48.9% | $2,468 | 34.5% | $557 |
| FHA | 581,622 | $11,313 | $12,522 | $2,467 | 60.3% | $2,964 | 35.0% | $405 |
| VA | 316,970 | $6,494 | $8,197 | $840 | 58.8% | $2,758 | 40.0% | $500 |
| USDA (RHS or FSA) | 30,533 | $6,429 | $6,897 | $1,795 | 56.0% | $1,475 | 37.7% | $240 |
Source: Our analysis of the FFIEC HMDA Data Browser, 2025 Snapshot National Loan-Level Dataset, same loan filter as the state table. Origination charges include any discount points, per Regulation Z § 1026.37(f)(1)(i). A blank discount-point or lender-credit field means none was paid, per the FFIEC 2025 Filing Instructions Guide; shares use loans whose field was not reported as "NA" or "Exempt."
HMDA reports only the total and these three components, so the data does not show which third-party charges account for the gap between FHA and conventional totals. Borrowers comparing offers from lenders such as those in our mortgage lender index can see those line items on each Loan Estimate, and our guide to choosing a mortgage lender and title company covers how to compare them.
National Mortgage Closing Cost Trend: 2022–2025
This table shows how national borrower-paid loan costs on home purchase loans changed over four HMDA years, calculated the same way for each year.
| Year | Loans with reported costs | Median total loan costs | Average total loan costs | Median origination charges | Share paying discount points | Median discount points, loans with points | HMDA dataset used |
|---|---|---|---|---|---|---|---|
| 2022 | 3,428,510 | $5,983 | $7,473 | $1,835 | 53.2% | $2,384 | Three Year (frozen Dec. 31, 2025) |
| 2023 | 2,686,971 | $6,679 | $8,243 | $2,306 | 60.0% | $3,011 | One Year (frozen May 19, 2025) |
| 2024 | 2,721,570 | $6,718 | $8,265 | $2,060 | 57.0% | $2,825 | One Year (frozen June 2, 2026) |
| 2025 | 2,729,296 | $6,654 | $8,206 | $1,855 | 52.6% | $2,604 | Snapshot (frozen June 2, 2026) |
Source: Our analysis of the FFIEC HMDA Data Browser for each year, same loan filter as the state table; loans with costs above the loan amount excluded (60 in 2022, 18 in 2023, 20 in 2024, 8 in 2025). Dataset versions and freeze dates from the FFIEC Static Dataset FAQ. Later dataset versions include resubmissions and late filings, so figures can differ slightly from earlier publications.
The CFPB's 2023 market report used static HMDA files available in 2024 and a nearly identical loan definition (it does not list the business-purpose exclusion in its table note). It published median total loan costs on purchase loans of $5,954 for 2022 and $6,684 for 2023, up from $4,332 in 2018. The CFPB put the share of purchase loans paying discount points at 56.6% in 2023, counting first-lien, closed-end purchase loans on single-family principal residences. Our 60.0% counts only loans with reported costs and a reported discount-point field, so the two shares are not directly comparable. The Urban Institute, which does not publish its filters, reported a median of $3,000 spent on discount points in 2024 and $2,588 in 2025, and tied the 2025 decline to slightly lower interest rates.
Mortgage Closing Costs for Purchases vs. Refinances: 2025
This table compares borrower-paid loan costs on 2025 home purchase loans with rate-and-term and cash-out refinances, using the same property and loan filters.
| Loan purpose | Loans with reported costs | Median total loan costs | Average total loan costs | Median origination charges | Share paying discount points | Median discount points, loans with points | Share receiving lender credits | Median lender credit, loans with credits |
|---|---|---|---|---|---|---|---|---|
| Home purchase | 2,729,296 | $6,654 | $8,206 | $1,855 | 52.6% | $2,604 | 35.3% | $502 |
| Rate-and-term refinance | 604,071 | $4,879 | $6,231 | $1,840 | 42.1% | $2,784 | 52.9% | $1,501 |
| Cash-out refinance | 489,703 | $8,205 | $9,994 | $4,622 | 75.2% | $4,140 | 27.7% | $222 |
Source: Our analysis of the FFIEC HMDA Data Browser, 2025 Snapshot National Loan-Level Dataset. Same filter as the state table except loan purpose; loans with costs above the loan amount excluded (11 rate-and-term and 3 cash-out refinances). All loan types, 50 states and D.C.
What the Mortgage Cost Data Means for Borrowers
Loan type and discount points move borrower-paid costs alongside location, so the line items on a Loan Estimate say more about a given offer than a state median does. The next annual HMDA release will show whether the 2025 drop in discount-point use held.
Sources
- Federal Financial Institutions Examination Council (FFIEC). "HMDA Data Browser: Dataset Filtering," 2025 (Snapshot), 2024, 2023 and 2022 data. Accessed October 22, 2026. https://ffiec.cfpb.gov/data-browser/data/2025
- FFIEC. "Data Browser API" (documentation for the CSV endpoints used). Accessed October 22, 2026. https://ffiec.cfpb.gov/documentation/api/data-browser/
- FFIEC. "Static Datasets" FAQ (Data Browser source datasets and freeze dates). Accessed October 22, 2026. https://ffiec.cfpb.gov/documentation/faq/static-dataset-faq
- FFIEC. "FFIEC Publishes 2025 Data on Mortgage Lending." June 23, 2026. https://www.ffiec.gov/news/press-releases/2026/an-06-23
- FFIEC. "2025 FIG (Filing Instructions Guide)." Accessed October 22, 2026. https://ffiec.cfpb.gov/documentation/fig/2025/overview
- Consumer Financial Protection Bureau. Regulation C, 12 CFR § 1003.4 (compilation of reported data). Accessed October 22, 2026. https://www.consumerfinance.gov/rules-policy/regulations/1003/4/
- Consumer Financial Protection Bureau. Regulation Z, 12 CFR § 1026.38 (content of Closing Disclosure). Accessed October 22, 2026. https://www.consumerfinance.gov/rules-policy/regulations/1026/38/
- Consumer Financial Protection Bureau. Regulation Z, 12 CFR § 1026.37 (content of Loan Estimate). Accessed October 22, 2026. https://www.consumerfinance.gov/rules-policy/regulations/1026/37/
- Consumer Financial Protection Bureau. "2023 Mortgage Market Activity and Trends." December 13, 2024. https://files.consumerfinance.gov/f/documents/cfpb_2023-mortgage-market-activity-and-trends_2024-12.pdf
- Urban Institute. "High Interest Rates and Expensive Home Prices Continued to Make Homeownership Less Affordable in 2025, New Data Show." May 11, 2026. https://www.urban.org/urban-wire/high-interest-rates-and-expensive-home-prices-continued-make-homeownership-less
Figures are shown as published by the sources named under each table. How we source and correct: editorial and corrections policy. Spotted an error? Contact us.