If you’re buying or selling a home in Maryland, one of the most common questions is:
“How much are closing costs in Maryland?”
Closing costs are all the fees, taxes, and professional charges due at settlement. For buyers, they can mean extra cash to bring to closing. For sellers, they directly affect how much you walk away with after the sale.
That’s why a closing costs calculator Maryland is so valuable. It helps you get a realistic estimate before you sign any contracts. In this guide, I’ll walk you through:
- Closing costs for buyers and sellers in Maryland
- Realtor fees and how they affect your bottom line
- A breakdown of how to calculate closing costs
- Sample calculator tables you can use right now
Whether you’re in Baltimore, Silver Spring, Frederick, or Annapolis — this guide (and Gregory Gray Realtor’s calculator) will help you plan ahead and avoid surprises.
What Are Closing Costs in Maryland?
Closing costs are the additional expenses beyond the purchase price that both buyers and sellers pay during a real estate transaction.
In Maryland, closing costs typically range from 2% to 5% of the home’s purchase price.
- For buyers, this means lender fees, title charges, and prepaid taxes.
- For sellers, it often includes realtor commissions, transfer taxes, and settlement fees.
So, how much are closing costs in Maryland? On a $400,000 home:
- Buyers can expect around $8,000–$12,000 in costs.
- Sellers may pay $20,000–$28,000, depending heavily on realtor commissions.
This leads to another common search: how much are closing costs in MD? The answer: It depends on your side of the transaction and your county’s specific taxes.
Why Use a Closing Cost Calculator?
A closing cost calculator or closing costs calculator takes the guesswork out of the process.
Benefits of using one:
- See a clear breakdown of costs before closing.
- Plan your budget and avoid last-minute stress.
- Compare different scenarios (higher down payment, different sale price).
- Answer the common question: how can I calculate closing costs?
Instead of a rough guess, a calculator shows you where every dollar goes — from lender fees to county taxes.
Closing Costs for Buyers in Maryland
When buying, closing costs usually equal 2%–4% of the purchase price.
Typical Buyer Costs:
- Lender Fees – Loan origination, underwriting, and credit report.
- Appraisal & Inspection – Required by lenders.
- Title Search & Insurance – Ensures the home has no legal disputes.
- Recording Fees – To officially register ownership.
- Escrow Prepaids – Property taxes and homeowners insurance.
Keywords: closing cost calculator for buyer, closing costs calculator for buyer.
Example Buyer Calculator – $400,000 Home in Maryland
| Buyer Closing Cost Item | Estimated Amount |
|---|---|
| Loan Origination (1%) | $4,000 |
| Appraisal & Inspection | $750 |
| Title Search & Insurance | $1,200 |
| Recording & Transfer Fees | $2,000 |
| Prepaid Taxes & Insurance | $3,000 |
| Estimated Total Buyer Costs | $10,950 |
Closing Costs for Sellers in Maryland
Sellers in Maryland often pay higher closing costs than buyers, mostly due to realtor commissions.
Typical Seller Costs:
- Realtor Commission – Usually 5–6% of the sales price.
- Transfer Taxes – Split with the buyer in Maryland, but often negotiable.
- Title Fees – Settlement and deed prep charges.
- Mortgage Payoff & Fees – If you still owe money.
Keywords: closing cost calculator for seller, seller closing cost calculator.
Example Seller Calculator – $400,000 Home in Maryland
| Seller Closing Cost Item | Estimated Amount |
|---|---|
| Realtor Commission (5.5%) | $22,000 |
| State & County Transfer Taxes | $2,400 |
| Title & Settlement Fees | $1,000 |
| Mortgage Payoff Fees | $500 |
| Estimated Total Seller Costs | $25,900 |
Realtor Fees and Closing Costs in Maryland
One of the biggest components of seller costs is the realtor fee.
- In Maryland, the average realtor fee is 5–6% of the home’s sale price.
- These fees are split between the buyer’s and seller’s agents.
- On a $400,000 home, this means $20,000–$24,000 just in commissions.
This is where a realtor fees and closing costs calculator comes in handy — so you can see exactly how commissions impact your net proceeds.
How Are Closing Costs Calculated?
Closing costs vary, but they always depend on:
- Home purchase price
- Loan type and down payment
- Maryland county taxes
- Service provider fees
Keywords: how to calculate closing costs, how are closing costs calculated.
Sample Calculation – Buyer ($400,000 Home, 5% Down)
- Loan Origination: $4,000
- Appraisal: $500
- Title Insurance: $1,200
- Escrow Prepaid: $3,000
- Transfer & Recording Fees: $2,000
- Total: $10,700 (2.7% of purchase price)
Sample Calculation – Seller ($400,000 Home)
- Realtor Commission (5.5%): $22,000
- Transfer Taxes: $2,400
- Title Fees: $1,000
- Misc Fees: $500
- Total: $25,900 (6.4% of sale price)
Closing Cost Calculator Maryland Tool
If you’re asking: closing cost calculator for seller or closing cost calculator for buyer — Gregory Gray Realtor provides easy-to-use calculators tailored to Maryland’s market.
How to Use It:
- Enter your home price.
- Choose whether you are a buyer or seller.
- Add loan info (buyers) or realtor commission rate (sellers).
- See an instant breakdown of estimated costs.
This helps you plan whether you’re buying your first home in Maryland or selling to move up.
FAQs – Maryland Closing Costs
Q1: How much are closing costs in Maryland?
Typically 2–5% of the home price for buyers, and 6–7% for sellers (due to commissions).
Q2: How much are closing costs in MD compared to other states?
Maryland is close to national average, though transfer taxes can be slightly higher in some counties.
Q3: Who usually pays closing costs in Maryland?
Buyers cover lender/title fees. Sellers pay commissions and transfer taxes.
Q4: Can closing costs be negotiated?
Yes. Sellers sometimes agree to cover part of the buyer’s costs to close the deal.
Q5: How accurate are online closing cost calculators?
They give strong estimates, but actual costs may vary by lender, county, and service providers.
Plan Ahead With Gregory Gray Realtor
Closing costs don’t have to be a mystery. Whether you’re a buyer or a seller, knowing your numbers up front can save stress and help you negotiate smarter.
By using a closing costs calculator Maryland, you’ll see exactly what to expect — from lender fees to realtor commissions.
If you’re wondering how much are closing costs in Maryland for your specific situation, Gregory Gray Realtor can guide you with accurate estimates, trusted local experience, and tools designed for Maryland buyers and sellers.
Ready to get your estimate?
- Try the buyer & seller closing cost calculators today.
- Or contact Gregory Gray Realtor for a personalized consultation.
Because in Maryland real estate, knowledge isn’t just power — it’s profit.