Closing Costs in Washington (2026)

Buyers in Washington typically pay 2% to 5% of the purchase price in closing costs — roughly $13,174 to $32,935 on a median-priced home around $658,700. Our itemized estimate, including lender fees, title work, government fees, and prepaid taxes and insurance, comes to about $17,826 (2.7% of the price) with 20% down at 6.75%.

The effective property tax rate in Washington is approximately 0.92% of home value per year. On a median-priced home of $658,700, that works out to about $6,060 per year, or $505 per month. Several months of taxes are usually collected up front at closing to fund your escrow account.

Yes. Washington’s graduated REET (1.1%–3%) is customarily paid by the seller. At that rate on a $658,700 home, the tax is roughly $8,431 — 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 Washington is $832,750 for a one-unit home. Some high-cost counties go as high as $1,249,125. On a median-priced $658,700 home with 20% down, the loan is $526,960 — within the conforming limit in most counties. FHA limits also vary by county (2026 floor about $541,288).

With 20% down on a $658,700 home, plan for about $149,566 in total: $131,740 for the down payment plus roughly $17,826 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 $658,700 home with 20% down and a 30-year loan at 6.75%, the total monthly payment is about $4,206 — $3,418 in principal and interest, $505 in property taxes, and $283 in homeowners insurance.