Residential Purchase/Sale Fee Calculator
Are you a:
Buyer; or
Seller
New Loan Amount:
$
(buyers only;
type 0 for cash purchase transactions
)
Purchase/Sale Amount:
$
Title Charges
Description
Amount
Notes
Settlement Fee:
The fee is $165 if Title One closes both sides of the transaction.
If this is a seller side transaction, the fee is $250.00.
Name Search Fee:
Assumes clear names.
Lender's Title Insurance Premium:
Please call Bonnie Arneson at 612-435-8555 or Renee Von Berge at 612-435-8553 for reissue credit information.
Owner's Title Insurance Premium:
Plat Drawing Fee:
1. Not applicable for condominiums.
2. Increases outside the Twin Cities metro area.
Title Exam Fee:
$135.00 is charged to seller if a prior owners policy is provided or a 40 year search is completed.
$135.00 is charged to buyer if the property is torrens or the seller provides an updated abstract.
Abstracting Fee:
Torrens is assumed; if the property is abstract the actual fee is determined on a case-by-case basis.
Assessment Search Fee:
Increases outside the Twin Cities metro area.
Recording Service Fee:
Assumes one mortgage and one deed for mortgage transactions, one deed only for cash transactions.
Loan Package Processing Fee:
Payoff Handling Fee:
Per mortgage.
Total:
For transactions over $1 million, this does NOT include any premium costs.
Governmental Charges*
Description
Amount
Notes
Conservation Fee:
State Deed Tax:
Slightly lower outside of Hennepin and Ramsey counties.
Mortgage Registration Tax:
Slightly lower outside of Hennepin and Ramsey counties.
Recording Fee:
Assumes abstract.
*
Govenmental charges are separate from title charges and are by law, mandatory for any transaction.
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