Closing costs in Louisiana
On a $500,000 home with 20% down, buyers in Louisiana typically pay about $7,179 to $17,592 at closing, including prepaid taxes and insurance.
Typical buyer total1.4%–3.5%Of the price, 20% down
Closings handled byA title or settlement companyCustomary in the state
Buyer-paid taxesNoneTransfer taxes are seller-paid or not charged
Buyer-paid taxes
| Tax | On $500,000 with 20% down | Note |
|---|---|---|
| None for buyers | $0 | Louisiana has no statewide real estate transfer tax or mortgage tax; New Orleans and a few parishes charge small flat transfer fees. |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $5,848 – $13,635 | 1.9%–4.5% |
| $300,000 | FHA, 3.5% down | $6,122 – $14,398 | 2.0%–4.8% |
| $500,000 | Conventional, 20% down | $7,179 – $17,592 | 1.4%–3.5% |
| $500,000 | FHA, 3.5% down | $7,636 – $18,864 | 1.5%–3.8% |
| $750,000 | Conventional, 20% down | $8,844 – $22,538 | 1.2%–3.0% |
| $750,000 | FHA, 3.5% down | $9,530 – $24,445 | 1.3%–3.3% |
Who pays what in Louisiana
Louisiana has no statewide real estate transfer tax or mortgage tax; New Orleans and a few parishes charge small flat transfer fees.
Questions
How much are closing costs for buyers in Louisiana?
Often about 1.4% to 3.5% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in Louisiana?
No. Louisiana has no statewide real estate transfer tax or mortgage tax; New Orleans and a few parishes charge small flat transfer fees.
More for Louisiana
Sources: Louisiana Department of Revenue. Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.