Closing Costs in Florida (2026)

Buyers in Florida typically pay 2% to 5% of the purchase price in closing costs — roughly $8,672 to $21,680 on a median-priced home around $433,600. Our itemized estimate, including lender fees, title work, government fees, and prepaid taxes and insurance, comes to about $20,442 (4.7% of the price) with 20% down at 6.75%.

The effective property tax rate in Florida is approximately 0.94% of home value per year. On a median-priced home of $433,600, that works out to about $4,076 per year, or $340 per month. Several months of taxes are usually collected up front at closing to fund your escrow account.

Yes. Florida documentary stamp tax is customarily paid by the seller in most counties. At that rate on a $433,600 home, the tax is roughly $3,035 — and in this state the buyer does not customarily pay it, so it is not included in our buyer-side estimate. Everything is negotiable in the purchase contract.

The 2026 conforming loan limit in most of Florida is $832,750 for a one-unit home. Some high-cost counties go as high as $1,249,125. On a median-priced $433,600 home with 20% down, the loan is $346,880 — within the conforming limit in most counties. FHA limits also vary by county (2026 floor about $541,288).

With 20% down on a $433,600 home, plan for about $107,162 in total: $86,720 for the down payment plus roughly $20,442 in closing costs and prepaid items. A smaller down payment reduces the cash needed but adds PMI to your monthly payment.

On a median-priced $433,600 home with 20% down and a 30-year loan at 6.75%, the total monthly payment is about $3,294 — $2,250 in principal and interest, $340 in property taxes, and $704 in homeowners insurance.