Short answer: in Florida, sellers usually pay the documentary stamp tax on the deed ($0.70 per $100 of the sale price in Broward and most counties, $0.60 per $100 for single-family homes in Miami-Dade), the real estate commission, and their own settlement fees. Buyers usually pay the mortgage-related taxes, lender fees, and, by local custom in both Broward and Miami-Dade, the owner’s title insurance policy. Use the calculator above for an itemized estimate, then read the breakdown below.
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How This Florida Closing Cost Calculator Works
Our closing cost calculator is free and easy to use. Switch between the Selling and Buying tabs above and enter a price to see an itemized estimate for Miami-Dade or Broward County. It’s a planning tool: your title company or closing attorney will give you exact figures before closing.
How to Use the Closing Cost Calculator
- Choose Selling or Buying at the top of the closing cost calculator.
- Enter the price of the home and, for buyers, your loan amount.
- Pick the county, Broward or Miami-Dade, so the right deed tax rate is applied.
- Review the itemized estimate, then use it to plan your budget or your net proceeds.
For the most accurate result, use your real contract price and loan amount rather than rough numbers. If you are selling, the closing cost calculator helps you estimate what you’ll walk away with; if you are buying, it shows the cash you’ll need at closing beyond your down payment.
Florida Closing Costs at a Glance
| Cost | Rate | Usually paid by |
|---|---|---|
| Doc stamp tax on the deed (Broward and most counties) | $0.70 per $100 of price | Seller |
| Doc stamp tax on the deed (Miami-Dade, single-family home) | $0.60 per $100 of price | Seller |
| Doc stamp tax on the deed (Miami-Dade, condo and other property) | $0.60 + $0.45 surtax = $1.05 per $100 | Seller |
| Doc stamp tax on the mortgage note | $0.35 per $100 of loan amount | Buyer (if financing) |
| Intangible tax on the mortgage | 0.2% of loan amount | Buyer (if financing) |
| Owner’s title insurance policy | Rates set by Florida regulation | Buyer in Broward and Miami-Dade (by local custom) |
| Real estate commission | Negotiable | Typically seller, per the listing agreement |
| Property taxes and HOA dues | Prorated to the closing date | Split between buyer and seller |
Deed and mortgage tax rates from the Florida Department of Revenue. Doc stamps are calculated on each $100 or portion of $100. Who pays is customary and can be negotiated in your contract.
Broward County Closing Costs (Fort Lauderdale, Plantation, Weston, Davie, Sunrise)
Broward uses the statewide deed rate of $0.70 per $100. On a $1,000,000 sale, the seller’s deed doc stamps are about $7,000. By local custom, the buyer usually pays for the owner’s title policy in Broward, although this is negotiable. Choose Broward in the closing cost calculator above to apply this rate.
- Seller costs typically include: deed doc stamps, commission, settlement or closing fee, payoff of any existing mortgage, HOA estoppel certificate (if applicable), and prorated property taxes.
- Buyer costs typically include: owner’s and lender’s title insurance, mortgage doc stamps and intangible tax (if financing), lender fees, appraisal and inspections, recording fees, and prepaid taxes and insurance.
Selling in Broward? See what your home is worth in Plantation, Davie or Sunrise, or read how we sell luxury homes in Plantation, Weston and Davie.
Miami-Dade County Closing Costs (Miami, Coral Gables, Pinecrest)
Miami-Dade is the only Florida county with a different deed rate: $0.60 per $100 for a single-family home and $1.05 per $100 ($0.60 plus a $0.45 surtax) for condos and other property. On a $1,000,000 sale, that’s about $6,000 for a single-family home or $10,500 for a condo. As in Broward, the buyer customarily pays for the owner’s title policy. Choose Miami-Dade in the closing cost calculator to apply the right rate for your property type.
Selling in Miami-Dade? Get a value estimate for Coral Gables or Pinecrest. Foreign sellers should also read our FIRPTA guide, since withholding can affect net proceeds.
Example: Buying a $1,000,000 Home With an $800,000 Mortgage
- Mortgage doc stamps: $800,000 ÷ 100 × $0.35 = $2,800
- Intangible tax: $800,000 × 0.2% = $1,600
- Plus lender fees, title insurance, appraisal, inspections, recording and prepaid items, which vary by lender and title company.
Closing Costs for Luxury and Cash Purchases
On higher-priced homes, the deed tax and title insurance become large dollar amounts, so small differences in rate or who pays matter. A $2,000,000 sale in Broward carries about $14,000 in deed doc stamps, and about $12,000 for a Miami-Dade single-family home.
Cash buyers skip the mortgage doc stamps, intangible tax and lender fees entirely, which can save thousands at closing. Foreign sellers should also factor in FIRPTA withholding, which is separate from closing costs but affects the cash received at closing.
Other Costs the Closing Cost Calculator Can’t Know
A closing cost calculator is only as good as the inputs. A few items depend on your specific home and loan, so your final numbers may differ:
- Existing mortgage payoff and any liens on the property.
- HOA or condo fees, including estoppel certificates, transfer fees and capital contributions set by the association.
- Property tax prorations, which depend on your closing date and the current tax bill.
- Repairs or credits negotiated after inspections.
- Lender-specific fees such as points, underwriting and appraisal.
- Survey, inspections and insurance, including wind and flood coverage.
Tips to Lower Your Closing Costs
- Negotiate seller credits as part of your offer if you are buying.
- Compare lender Loan Estimates side by side before you commit.
- Ask about title and settlement fees, which can vary between title companies even though title insurance premiums are set by Florida regulation.
- Time your closing to manage prepaid interest and tax prorations.
- Sellers: price and prepare the home correctly to avoid repair credits and price reductions later.
Before you list, run the closing cost calculator on this page, then ask Alex for a full seller net sheet based on your home’s value. See free home valuation.
How much are closing costs in Miami?
It depends on price, property type and financing. Sellers in Miami-Dade pay deed doc stamps of $0.60 per $100 for a single-family home or $1.05 per $100 for a condo, plus commission and settlement fees. Buyers pay title insurance by local custom, plus lender fees and mortgage taxes if financing. Use the calculator on this page for an itemized estimate.
Who pays closing costs in Florida, the buyer or the seller?
Both. Sellers usually pay the deed doc stamps and commission. Buyers usually pay mortgage doc stamps, intangible tax and lender fees, and in Broward and Miami-Dade the buyer customarily pays for the owner’s title policy. Property taxes and HOA dues are prorated. Everything is negotiable in the contract.
How much does it cost to sell a house in Broward County?
The main costs are the real estate commission (negotiable), deed doc stamps at $0.70 per $100 of the sale price (about $7,000 on a $1,000,000 home), settlement fees, any mortgage payoff, and prorated property taxes. Enter your price in the calculator above to see an itemized estimate.
What is the doc stamp tax rate in Florida?
On deeds it is $0.70 per $100 of the price statewide, except Miami-Dade, where it is $0.60 per $100 for single-family homes and $1.05 per $100 for other property. On mortgage notes it is $0.35 per $100 of the loan, plus a 0.2% intangible tax on the mortgage.
Is this closing cost calculator accurate for Fort Lauderdale and Broward?
Yes, it uses Broward’s $0.70 per $100 deed rate and typical South Florida fees. It gives a planning estimate; your title company or closing attorney provides the exact figures before closing.
Want an Exact Net Sheet?
Alex Sanchoyerto, a bilingual Top Agent on Zillow with OnePath | eXp Realty, can prepare a seller net sheet for your home in Broward or Miami-Dade. Request a free home valuation, call or text 786-829-6393, or send a message.
This page is general information, not legal or tax advice. Confirm figures with your title company or closing attorney. Alex Sanchoyerto, Realtor | OnePath | eXp Realty South LLC | FL License #3482601