Delaware closing costs on a $350,000 home
Official source data 2026-10-01
On a $350,000 residential purchase in Delaware
$16,100
estimated buyer closing costs
Combined 4% assumes a 1.5% county/municipal levy plus 2.5% state tax. First-time-buyer relief is excluded.
Service fees and prepaids are editable planning allowances. They are not state averages or quotes. The down payment is shown separately.
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What’s in the closing budget?
| Component | Buyer | Seller | Basis |
|---|---|---|---|
| Loan origination allowance | $2,800 | $0 | Loan amount × entered percentage |
| Appraisal allowance | $650 | $0 | Entered amount; omitted for cash purchases |
| Title coverage allowance | $1,750 | $0 | Price × entered percentage; buyer pays |
| Settlement / attorney allowance | $1,200 | $0 | Entered amount |
| Recording allowance | $200 | $0 | Entered document fees; exclude transfer taxes already shown below |
| Transfer and deed taxes | $7,000 | $7,000 | Published law and selected local inputs |
| Prepaid taxes / insurance / escrow | $2,500 | $0 | Entered allowance, separate from service fees |
| Negotiated brokerage commission | $0 | $17,500 | Price × entered percentage; negotiable |
| Seller miscellaneous allowance | $0 | $500 | Entered allowance |
| Total closing costs | $16,100 | $25,000 | Sum of entered fees and modeled taxes |
| Cash item | Amount |
|---|---|
| Down payment | $70,000 |
| Loan amount | $280,000 |
| Buyer cash to close | $86,100 |
| Seller mortgage payoff | $0 |
| Estimated seller net proceeds | $325,000 |
The buyer and seller can negotiate many expenses. This calculation excludes lender credits, seller concessions, prorated rent, HOA charges, inspections, repairs, and any mortgage taxes not in the stated deed-tax scope.
Delaware rules and assumptions.
Transfer-tax scope
Combined 4% assumes a 1.5% county/municipal levy plus 2.5% state tax. First-time-buyer relief is excluded.
Settlement & title
Budget for a Delaware attorney conducting a sale or refinancing closing. The court system's summary of the 2000 Mid-Atlantic decision also requires attorney involvement in the legal documents, title and settlement work. It describes a limited home-equity exception for a lender acting for itself without title-exception evaluation. Confirm whether the exception applies before relying on it and obtain the attorney's quote.
Read the official legal-services guidance
The Department of Insurance's September 2010 Bulletin 27 explains title rate/form filings by rating-bureau and other insurers. It is filing context, not today's transaction quote. Request the current policy, endorsements and separate attorney/settlement fees.
Recording fees
New Castle County's posted fee table is a county example with older effective-date references. Confirm the recorder's current document, page, parcel and technology charges before using it for a closing.
Start with another purchase price.
Good questions. Clear answers.
How much are closing costs in Delaware?
For the entered $350,000 price, this scenario produces $16,100 of buyer costs and $25,000 of seller costs. The fees are adjustable allowances; only the cited taxes follow the selected statutory scope.
Who pays the transfer tax?
The default allocation follows the state scenario shown above. The closing-cost tool lets you change the contractual deed-tax allocation; statutory buyer or seller surcharges retain their separate payer.
Is the down payment a closing cost?
It is not a service fee. This tool shows $70,000 as the down payment and $86,100 as total estimated buyer cash to close.
Are the title and attorney fees official state rates?
The defaults are planning allowances, not published title-policy quotes. Enter the applicable insurance or title-guaranty quote and the closing professional’s quote. Policy type, endorsements, loan size and reissue discounts can change the cost. Set the title payer to match your contract; use the additional buyer amount for coverage excluded from the percentage allowance.
How do I calculate seller net proceeds?
Subtract seller closing costs and the entered mortgage payoff from the sale price. Here that gives $325,000. Capital-gains tax, repair credits and other liens are excluded.
Check the source.
Data as of 2026-10-01. Retrieved .
- delcode.delaware.gov / index.html
- www.consumerfinance.gov / closing-disclosure As of 2026-10-02
- www.consumerfinance.gov / loan-estimate As of 2026-10-02
- courts.delaware.gov / download.aspx As of 2026-10-02
- insurance.delaware.gov / formbull27.pdf As of 2026-10-02
- www.newcastlede.gov / 69 As of 2026-10-02