How Much Are Closing Costs in Seattle, in 2025?

Published:
January 5, 2018
Last updated:
December 3, 2024
Post cover image
In This Article

How much are closing costs in Seattle in 2025, and how much can I expect to pay on buying a house? These are common questions among home buyers and mortgage shoppers. Here’s what you need to know about this topic.

Closing Costs for Seattle Home Buyers in 2025

When you buy a home in Seattle or anywhere else in Washington state, there’s a lot more than just your mortgage payments that you will have to pay. 

There are also a number of other costs associated with buying a home, which are referred to as ‘closing costs’. The question is, what do these costs involve, and how much can you expect to pay?

Home buyers in Seattle (and elsewhere in Washington) typically pay somewhere between 2% and 5% of the purchase price of the house in closing fees. That means that a more expensive house could result in higher closing costs, and vice versa.

According to Zillow, the median home price in Seattle as of December 2024 was $848,982. So, the buyer closing costs on a median-priced property in the city could range from $16,979 to $42,449.

Related: Seattle home price forecast

According to ClosingCorp (a data company that serves the real estate industry), Washington was among the top 10 states for most expensive closing costs. More specifically, Washington was ranked fifth in the nation overall. Home buyers across the state pay an average of $11,513.23 after taxes, or roughly 2.3% to 2.88% of the sale price.

But that’s based on an average home price of $588,856, which is the average for the entire state. Houses are more expensive in the Seattle area, so closing costs are naturally higher there as well.

Various Factors Play a Role in Closing Costs

There are several variables that can affect how much you’ll pay in closing costs in Seattle. Will you pay points at closing, in exchange for a lower mortgage rate? It’s a common strategy among borrowers who are seeking the lowest possible rate. And it’s one of many factors that can affect the total amount you pay on closing day.

Most Seattle mortgage lenders will give you a basic estimate of your Seattle closing costs. We go a step further by providing guaranteed closing costs. We not only guarantee the lender fees, but the third-party fees as well. This will give you a more accurate picture of your total costs, and will help you prepare for closing day by saving enough money.

Today’s Seattle Mortgage Rates

What’s Included in These Fees?

Closing costs for Seattle home buyers can include a wide variety of fees and charges. Mortgage fees are part of them, but there are third-party fees as well. That’s why it’s important to get a list of your total closing costs when shopping for a loan, as opposed to just the lender’s fees.

Here are some of the common items that make up Seattle home buyer closing costs:

  • Fees for obtaining the borrower’s credit report(s).
  • Fees for mortgage origination and loan processing.
  • Discount points, which borrowers can use to secure a lower mortgage rate.
  • Attorney / legal fees, in some cases.
  • Home appraisal fees (though these are sometimes paid in advance).
  • Title search and insurance fees, to cover both the lender and the home buyer.
  • Property survey to verify property lines, rule out encroachment, etc.
  • Recording fee paid to Seattle or King County, for recording the new land records.
  • Underwriting fee, which covers the cost of evaluating the loan and borrower.

This is just a partial list of some of the more common closing costs for home buyers in Seattle, Washington. Additional fees and changes might apply in some situations.

Get an Instant Mortgage Rate Quote Today

Have Questions About Closing Costs in Seattle?

Are you curious about closing costs in Seattle or are ready to apply for a mortgage, we’d love to help. We are Sammamish Mortgage, and we’re a local, family-owned company based in Seattle & Bellevue, Washington. We have been helping home buyers in Seattle with their mortgage financing since 1992 and currently lend in WA, OR, CO, and ID. We offer a wide variety of mortgage programs and products with flexible qualification criteria. Contact us today to get a specific rate quote and find out about closing costs.

Other Blogs You May Like
Is 2025 a Good Year to Buy a House in Tacoma, Washington?
December 10, 2024
5 min read
Is 2025 a Good Year to Buy a House in Tacoma, Washington?
Is 2025 a good time to buy a home in Tacoma, Washington? It sure is looking that way. Tacoma home...
Benefits of Buying a Home (and Living in) Bellevue, Washington
December 10, 2024
4 min read
Benefits of Buying a Home (and Living in) Bellevue, Washington
As a Seattle-area mortgage company, we often assist home buyers in nearby Bellevue, Washington. So...
Show 202 more posts
from this category

Connect with a Mortgage Advisor Today!

Whether you’re buying a home or ready to refinance, our professionals can help.

Compare Mortgage Rates in Your Area Instantly

No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.

Subscribe to our newsletter