How This South Florida Closing Cost Calculator Works
This South Florida closing cost calculator estimates the typical fees buyers and sellers pay at closing in Miami-Dade and Broward County. Switch between the “Selling” and “Buying” tabs above and enter a sale price to see an itemized breakdown.
What is Included in the Estimate
- Seller side: listing agent commission, title insurance (owner’s policy), documentary stamp tax on the deed, and typical title/closing fees.
- Buyer side: lender fees and prepaid items (if financing), title insurance (lender’s policy), recording fees, and documentary stamp tax on the mortgage.
Florida’s documentary stamp tax rate and typical fee structures vary slightly between Miami-Dade County and Broward County, which this calculator accounts for.
Frequently Asked Questions
Is this an exact number?
No. This tool gives a planning-stage estimate. Your actual closing disclosure (buyers) or net sheet (sellers) from a title company or closing attorney will reflect the precise, final figures.
Does this include my mortgage payoff or HOA dues?
No. This calculator focuses on standard transaction closing costs. A full seller net sheet from Alex will also factor in your mortgage payoff, prorated HOA dues, and property tax proration.
Can costs be negotiated between buyer and seller?
Some closing costs, such as title insurance or certain fees, are customarily negotiable between buyer and seller in South Florida. Alex can advise on what is typical for your specific transaction.