Vermont · VT
Vermont Closing Cost Calculator
Estimate what a buyer pays to close in Vermont — transfer tax, title insurance, lender, attorney, and recording fees — on any home price.
Closing costs in Vermont, explained
Vermont's Property Transfer Tax is paid entirely by the buyer. Since August 2024 (Act 181) a primary residence is taxed 0.5% on the first $200,000 of price, then 1.47% on the balance (1.25% base plus the 0.22% Clean Water Surcharge). A non-primary or second home is taxed at a flat 3.62%.
Beyond the transfer tax, expect lender origination (around 1% of the loan), title insurance (roughly 0.65% of price), an appraisal, a home inspection, recording fees, and a settlement/attorney fee. Vermont is an attorney-closing state — a real-estate attorney or title company conducts settlement. Flat fees typically run $750–$1,250.
All in, buyer closing costs in Vermont usually land around 2%–5% of the price — about $7,600–$19,000 on the $380,000 median home.
Vermont closing-cost FAQ
- How much are closing costs in Vermont?
- Buyer closing costs in Vermont typically run about 2%–5% of the purchase price — roughly $7,600–$19,000 on the $380,000 median home. The single biggest line is usually the transfer tax. Use the calculator above to break it down for your price.
- What is the transfer tax in Vermont?
- Vermont's Property Transfer Tax is paid entirely by the buyer. Since August 2024 (Act 181) a primary residence is taxed 0.5% on the first $200,000 of price, then 1.47% on the balance (1.25% base plus the 0.22% Clean Water Surcharge). A non-primary or second home is taxed at a flat 3.62%.
- Do I need an attorney to close in Vermont?
- Vermont is an attorney-closing state — a real-estate attorney or title company conducts settlement. Flat fees typically run $750–$1,250.
- Are property taxes part of closing costs in Vermont?
- Not exactly — but you do prepay some at closing. Lenders collect a property-tax reserve (plus a year of homeowners insurance and prepaid interest) into an escrow account. Vermont's effective property tax rate is among the highest in the US — commonly cited between roughly 1.5% and 1.8% of value, depending on the source and town. See our Vermont property tax calculator to estimate the ongoing amount.
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Estimates are for education only and are not a quote. Confirm exact figures with your lender, title company, and settlement attorney.