Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Closing costs in Iowa
See how much you might have to shell out in closing costs when you buy or sell a home in this state.
According to data from ClosingCorp, the average closing cost in Iowa is $2,272.18 after taxes, or approximately 1.14% to 2.27% of the final home sale price.
Closing cost stats in Iowa
Across the state, the average home sells for between $100,000 and $200,000. If you buy a property in that range, expect to pay between $1,136.09 and $4,544.36 in closing costs after taxes.
|Average home sale price||$100,000 to $200,000|
|Average total closing cost||$2,272.18|
|Expected closing cost range||$1,136.09 to $4,544.36|
|Percentage of closing cost to home sale price||1.14% to 2.27%|
How much does tax affect the closing cost?
Buyers and sellers in Iowa pay an average of $251.68 in tax combined for the closing. This accounts for 11.08% of the total average closing cost in Iowa.
|Average tax paid||$251.68|
|Percentage of total closing cost||11.08%|
Compare mortgage lenders and brokersCompare these lenders and lender marketplaces by the type of home loan you're searching for, state availability and minimum credit score (for a conventional loan). Select See rates to provide the company with basic property and financial details for personalized rates.
How do closing costs in Iowa compare nationally?
The closing costs for buying a home in Iowa are
below the national average
after accounting for taxes. It’s 2nd
in our rankings which rates states from lowest to highest closing cost.
|Average total closing cost in Iowa||Ranking*|
*Ranked from lowest to highest of the 50 states plus Washington DC
Closing costs are inevitable when you're buying or selling a property. The exact amount will vary depending on where the property is located in Iowa.
To save on your home loan, consider comparing the fees and rates of top lenders before signing.
More guides on Finder
How much would I pay on a $500,000 mortgage?
Plus, find out how much you need to make to afford repayments.
Compare business loan interest rates
Find out what different types of rates lenders charge, how much they charge and how you can compare the costs.
How to pay for a service dog
Find out how much a service dog could cost and how you can pay for one.
How much does landscaping cost?
Find out how much your landscaping dream will cost you, from BBQ pits to plants and retaining walls.
How much does a kitchen renovation cost?
With total prices ranging from $10,000 up to over $75,000, find out how much your kitchen renovation could cost.
How much does a bathroom renovation cost?
Find out how much the average bathroom renovation costs. Compare supply and labor costs from budget to premium styles.
Personal loan fees explained
We break down exactly what a lender could charge you for, how much you could expect to pay and which fees you can avoid altogether.
Compare today’s mortgage and refinance rates
Compare mortgage and refinance rates from lenders in your area to see how much you’ll pay on your next home loan.
Ask an Expert