The median home buyer who took out a mortgage in 2025 paid $6,679 in total loan costs, according to our analysis of 2,818,050 purchase loans reported under the Home Mortgage Disclosure Act. The average was higher, $8,209, because a minority of loans carry very large costs.
Costs were highest in Hawaii ($10,900), California ($9,302) and Idaho ($8,738), and lowest in Iowa ($2,743). Larger loans tend to carry larger fees, and state transfer and recording taxes vary widely, so loan size and location both drive the totals.
51.5% of these borrowers paid discount points to lower their interest rate; those who did paid a median $2,588. 34.6% received lender credits, with a median credit of $500.
What "total loan costs" includes
Total loan costs is the figure in section D of the federal Closing Disclosure. It covers origination charges (application, underwriting and points), services the borrower could or could not shop for (appraisal, credit report, title insurance, settlement fees) and some government fees. It does not include the down payment, prepaid interest, property tax or insurance escrows, or lender credits, so it is not the same as cash due at closing.
The data covers originated home purchase loans secured by a first lien, excluding reverse mortgages and open-end lines of credit, for owner-occupied homes and not for business purposes, where the lender reported total loan costs. Lenders report costs only for loans subject to the Closing Disclosure rule, so some loans, including many from small exempt lenders, are not counted. Where a lender reported no points or lender credit, the field is left blank in HMDA; we count those loans as not paying points or not receiving a credit.
By state
| State | Loans | Median total loan costs | Median origination charges | Share paying discount points | Median points paid (payers) | Median loan amount |
|---|---|---|---|---|---|---|
| Hawaii | 7,523 | $10,900 | $3,543 | 60.2% | $4,650 | $585,000 |
| California | 202,770 | $9,302 | $2,351 | 47.4% | $3,783 | $575,000 |
| Puerto Rico | 9,905 | $8,884 | $4,065 | 74.5% | $3,701 | $145,000 |
| Idaho | 21,397 | $8,738 | $4,145 | 67.5% | $4,134 | $385,000 |
| Florida | 229,215 | $8,652 | $2,073 | 57.2% | $3,025 | $345,000 |
| Nevada | 31,185 | $8,526 | $2,390 | 65.8% | $4,447 | $405,000 |
| Texas | 290,946 | $8,405 | $1,990 | 60.4% | $3,403 | $315,000 |
| Utah | 34,643 | $8,339 | $3,880 | 61.8% | $4,010 | $435,000 |
| Arizona | 78,234 | $8,328 | $2,050 | 66.9% | $3,964 | $385,000 |
| Georgia | 103,089 | $8,008 | $2,635 | 58.6% | $2,688 | $325,000 |
| Oregon | 36,439 | $7,861 | $3,188 | 68.2% | $3,319 | $415,000 |
| Maryland | 52,576 | $7,785 | $2,137 | 50.9% | $3,167 | $405,000 |
| Alaska | 5,738 | $7,738 | $2,482 | 62.6% | $2,600 | $375,000 |
| Washington | 69,040 | $7,732 | $3,169 | 60.6% | $3,951 | $495,000 |
| Montana | 8,531 | $7,544 | $3,390 | 56.9% | $3,344 | $365,000 |
| District of Columbia | 4,668 | $7,488 | $1,700 | 41.3% | $3,326 | $565,000 |
| New Jersey | 62,563 | $7,466 | $1,839 | 41.6% | $2,826 | $455,000 |
| Delaware | 10,665 | $7,420 | $2,513 | 50.0% | $2,977 | $345,000 |
| Wyoming | 5,113 | $7,388 | $3,284 | 54.0% | $2,809 | $315,000 |
| Virginia | 86,010 | $6,824 | $1,890 | 51.9% | $2,652 | $375,000 |
| New Mexico | 16,370 | $6,810 | $2,502 | 58.6% | $2,671 | $305,000 |
| South Carolina | 68,626 | $6,739 | $1,962 | 56.9% | $2,644 | $295,000 |
| Tennessee | 71,693 | $6,665 | $2,157 | 56.1% | $2,606 | $325,000 |
| Connecticut | 26,952 | $6,516 | $1,690 | 39.1% | $2,161 | $355,000 |
| Pennsylvania | 95,201 | $6,487 | $1,775 | 48.2% | $1,822 | $275,000 |
| New York | 94,186 | $6,399 | $1,865 | 44.9% | $2,087 | $375,000 |
| Colorado | 66,106 | $6,322 | $2,225 | 54.9% | $4,016 | $455,000 |
| Louisiana | 31,161 | $6,289 | $1,604 | 49.7% | $1,419 | $235,000 |
| Mississippi | 20,320 | $6,279 | $1,666 | 48.0% | $1,705 | $235,000 |
| Illinois | 98,329 | $6,248 | $1,595 | 36.8% | $1,352 | $275,000 |
| Oklahoma | 34,404 | $6,192 | $1,690 | 51.2% | $1,720 | $235,000 |
| Alabama | 47,740 | $6,115 | $1,964 | 53.7% | $2,060 | $255,000 |
| North Dakota | 6,058 | $5,764 | $2,544 | 38.3% | $2,020 | $275,000 |
| North Carolina | 119,741 | $5,736 | $1,920 | 50.1% | $2,648 | $315,000 |
| Rhode Island | 8,002 | $5,734 | $1,845 | 46.4% | $2,760 | $415,000 |
| South Dakota | 6,724 | $5,636 | $2,410 | 38.1% | $2,080 | $295,000 |
| Minnesota | 54,219 | $5,554 | $2,358 | 54.9% | $2,194 | $305,000 |
| Massachusetts | 46,868 | $5,543 | $1,640 | 33.5% | $2,446 | $495,000 |
| West Virginia | 12,863 | $5,472 | $1,781 | 55.1% | $1,522 | $225,000 |
| Ohio | 106,792 | $5,229 | $1,788 | 51.6% | $1,687 | $245,000 |
| Vermont | 4,429 | $5,122 | $1,475 | 25.1% | $1,590 | $315,000 |
| Arkansas | 27,618 | $5,111 | $1,830 | 51.2% | $1,530 | $235,000 |
| Kentucky | 39,090 | $5,009 | $1,585 | 46.8% | $1,418 | $245,000 |
| Maine | 11,456 | $4,736 | $1,670 | 33.3% | $1,580 | $315,000 |
| New Hampshire | 11,859 | $4,680 | $1,674 | 34.1% | $1,933 | $405,000 |
| Michigan | 85,925 | $4,511 | $1,623 | 45.6% | $1,314 | $245,000 |
| Missouri | 58,973 | $4,262 | $1,470 | 38.3% | $1,090 | $245,000 |
| Indiana | 72,304 | $3,898 | $1,574 | 48.6% | $1,577 | $245,000 |
| Kansas | 26,077 | $3,732 | $1,375 | 44.1% | $1,104 | $245,000 |
| Nebraska | 17,516 | $3,505 | $1,245 | 32.1% | $1,106 | $265,000 |
| Wisconsin | 49,661 | $3,429 | $1,210 | 33.2% | $1,435 | $275,000 |
| Iowa | 29,262 | $2,743 | $995 | 26.3% | $1,207 | $215,000 |
50 states, D.C. and Puerto Rico, sorted by median total loan costs. The CSV adds mean costs, lender credits and a national row.
Source
Consumer Financial Protection Bureau and Federal Financial Institutions Examination Council, Home Mortgage Disclosure Act (HMDA) 2025 Snapshot National Loan-Level Dataset, downloaded from the HMDA Data Browser on October 27, 2026. U.S. government data in the public domain. HMDA covers most, but not all, U.S. mortgage lenders; small and rural lenders are partly exempt. Shares, medians and counts on this page are our calculations from the loan-level records. Our table is available under CC BY 4.0. Credit "My Credit Guide (mycreditguide.org)".
Steven Reynolds, "Mortgage Closing Costs by State," My Credit Guide, October 27, 2026, https://mycreditguide.org/data/mortgage-closing-costs-by-state/.