Closing Costs on a $300,000 House
One price, four loan types, four very different totals.
Closing costs on a $300,000 house depend mostly on loan type. Conventional with 10 percent down estimates about $4,700 (1.57 percent): $2,700 origination, $350 appraisal, $1,500 title, $150 recording, minus nothing else. FHA at 3.5 percent down estimates about $9,961 (3.32 percent) because the 1.75 percent upfront mortgage insurance premium adds $5,066. Cash skips loan lines and lands near $2,000.
Conventional at 10 percent down
Loan $270,000. Origination $2,700, appraisal $350, title $1,500, recording $150. Total about $4,700, or 1.57 percent of price. Cash to close adds the $30,000 down payment: about $34,700.
This is the baseline everything else compares against: no government fees, healthy down payment, clean math.
FHA at 3.5 percent down
Loan $289,500. Origination $2,895, FHA upfront MIP $5,066, appraisal $350, title $1,500, recording $150. Total about $9,961, or 3.32 percent. The MIP alone exceeds all other lines combined.
FHA's MIP can be financed into the loan, which lowers cash to close but raises the balance. Cash to close is roughly $10,425 down plus $9,961 costs, minus any financed MIP.
VA at zero down and cash
VA with zero down: loan $300,000, funding fee at 2.15 percent first use adds $6,450, plus origination $3,000, appraisal $350, title $1,500, recording $150, totaling about $11,450. Disabled veterans exempt from the funding fee skip the biggest line.
Cash: no origination, no appraisal requirement, no insurance premiums. Title $1,500, recording $150, inspection often $400 to $500. Total near $2,000 plus the full $300,000 price.
Skip the arithmetic
Run your own $300K scenario on the calculator.
$300K closing costs questions
What are closing costs on a 300k house?
It depends on the loan. Conventional with 10 percent down estimates about $4,700; FHA with 3.5 percent down about $9,961 driven by the upfront MIP; cash about $2,000 with no loan lines.
How much cash do I need to close on a $300K house?
Add the down payment to the closing costs: $30,000 down plus about $4,700 in costs is roughly $34,700 for conventional at 10 percent down, before prepaids and escrow.
Is FHA more expensive to close than conventional?
Yes, at the same price FHA typically costs more to close because the 1.75 percent upfront mortgage insurance premium is the single largest line. On $300,000 at 3.5 percent down it adds $5,066.