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2026 MI Rates

Michigan Closing Cost Calculator 2026

Estimate title insurance, recording fees, and escrow costs for Michigan residential purchases using fixed-tier rates.

Closing Cost Calculator

Michigan • Instant Estimate

Title Insurance$1,800
Recording Fee$60
Escrow / Settlement$500
Total Estimated Closing Costs$2,360

Estimate based on current Michigan rates. Does not include property taxes, HOA fees, or lender-specific charges. Consult a licensed professional for exact figures.

Worked Example

Example: Closing Costs for a $400,000 Property in 2026

For a $400,000 Michigan purchase, title insurance falls in the "up to $400k" tier at $1,800, plus affordable $500 escrow and $60 recording fees.

Title Insurance$1,800
Recording Fee$60
Escrow / Settlement$500
Total Closing Costs$2,360
Rate Schedule

Michigan Title Insurance Fixed Tiers — 2026

Purchase PriceTitle Insurance Premium
Up to $200,000$1,200
Up to $300,000$1,500
Up to $400,000$1,800
Over $400,000$2,200
Common Questions

Michigan Closing Cost FAQ

How much is title insurance in Michigan?

Michigan uses fixed tiers: $1,200 (up to $200k), $1,500 ($300k), $1,800 ($400k), and $2,200 (over $400k).

Who pays closing costs in Michigan?

The buyer pays title insurance, recording, and escrow. The seller pays state ($7.50/k) and county ($1.10/k) transfer taxes.

What are typical escrow fees?

Michigan escrow fees average approximately $500 — among the most affordable in the country.

Disclaimer & Legal Notice

This website provides general estimates and approximations for closing costs, taxes, and loan repayments in New York City based on current 2026 regulations (including the progressive NYS Mansion Tax rates). The figures shown are for informational purposes only, do not constitute formal legal or financial advice, do not represent an official accounting calculation, and do not establish any attorney-client or brokerage relationship.

Real estate tax laws, title insurance rates, and lender underwriting guidelines are highly complex and subject to change or interpretation. We strongly advise you to consult with a qualified, licensed New York Real Estate Attorney, CPA, or financial advisor before executing any real estate transactions or contract agreements.