Michigan & Iowa Closing Cost Calculator
Transfer tax: 0.75%.
Michigan, Iowa share this page.
Their rules produce the same answer to within a rounding difference, so publishing
separate near-identical pages would add URLs without adding information. Every figure
below applies to both states.
Michigan closing cost estimator
Transfer tax: 0.75%.
Estimated closing costs —
Transfer tax —
Title insurance —
Attorney —
Michigan at a glance
| Figure | Michigan | Source |
|---|---|---|
| State transfer tax rate | 0.75% | [1] |
| Attorney required at closing | No | [1] |
| Typical total closing cost | 2.80% | [1] |
| On the median home | $7,560 | [2] |
Michigan highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.
Highlighted: Michigan, ranked 17 of 50. Median 2.70%.
Michigan closing costs by price and side
Buyer and seller totals, including Michigan's 0.75% transfer tax.
| Purchase price | Buyer total | Seller total | Transfer tax |
|---|---|---|---|
| $100,000 | $1,550 | $1,600 | $750 |
| $150,000 | $2,250 | $2,325 | $1,125 |
| $175,000 | $2,600 | $2,688 | $1,313 |
| $200,000 | $2,950 | $3,050 | $1,500 |
| $225,000 | $3,300 | $3,413 | $1,688 |
| $250,000 | $3,650 | $3,775 | $1,875 |
| $300,000 | $4,350 | $4,500 | $2,250 |
| $350,000 | $5,050 | $5,225 | $2,625 |
| $400,000 | $5,750 | $5,950 | $3,000 |
| $450,000 | $6,450 | $6,675 | $3,375 |
| $500,000 | $7,150 | $7,400 | $3,750 |
| $600,000 | $8,550 | $8,850 | $4,500 |
| $700,000 | $9,950 | $10,300 | $5,250 |
| $800,000 | $11,350 | $11,750 | $6,000 |
| $950,000 | $13,450 | $13,925 | $7,125 |
| $1,100,000 | $15,550 | $16,100 | $8,250 |
| $1,300,000 | $18,350 | $19,000 | $9,750 |
| $1,600,000 | $22,550 | $23,350 | $12,000 |
Worked figures for Michigan
Michigan values:
| Price | Buyer | Seller | Transfer |
|---|---|---|---|
| $150,000 | $2,250 | $2,325 | $1,125 |
| $200,000 | $2,950 | $3,050 | $1,500 |
| $250,000 | $3,650 | $3,775 | $1,875 |
| $300,000 | $4,350 | $4,500 | $2,250 |
| $400,000 | $5,750 | $5,950 | $3,000 |
| $500,000 | $7,150 | $7,400 | $3,750 |
| $600,000 | $8,550 | $8,850 | $4,500 |
| $750,000 | $10,650 | $11,025 | $5,625 |
| $900,000 | $12,750 | $13,200 | $6,750 |
| $1,200,000 | $16,950 | $17,550 | $9,000 |
How Michigan compares nationally
On typical closing cost, Michigan ranks #17 of 50 at 2.80% — 4% above the median of 2.70%. The national range runs from 2.00% (California) to 3.80% (New York).
| Rank | State | Typical closing cost |
|---|---|---|
| #15 | Iowa | 2.80% |
| #16 | Louisiana | 2.80% |
| #17 | Michigan | 2.80% |
| #18 | West Virginia | 2.80% |
| #19 | Wisconsin | 2.80% |
Title company states, ranked
Same rule structure as Michigan:
| State | Typical closing cost | vs Michigan |
|---|---|---|
| Michigan | 2.80% | — |
| Wisconsin | 2.80% | 0.0% |
| Ohio | 2.70% | -3.6% |
| Tennessee | 2.60% | -7.1% |
| Florida | 2.50% | -10.7% |
| Nevada | 2.30% | -17.9% |
| Colorado | 2.20% | -21.4% |
| California | 2.00% | -28.6% |
Michigan questions, answered with Michigan numbers
What are buyer closing costs in Michigan?▾
On Michigan's median home price of $270,000, expect roughly $3,930 as a buyer.
What does the seller pay in Michigan?▾
About $4,065 on the median home, of which $2,025 is Michigan's 0.75% transfer tax.
Do I need an attorney to close in Michigan?▾
No. Michigan allows title companies to handle closing, so there is no mandatory attorney fee.
Other title company states
Last reviewed 2026-08-27. Michigan figures only — verify with the relevant Michigan agency before acting. How this is calculated.