Washington State Closing Costs Guide 2025
A complete breakdown of closing costs in Washington State — REET, title insurance, escrow fees, prepaids, and strategies to reduce your upfront costs.
Closing Costs Overview for Washington State
Closing costs in Washington State typically range from 2% to 4% of the purchase price. On a $600,000 home — close to the statewide median in Western Washington — that means $12,000 to $24,000 beyond the down payment. Washington uses escrow companies for closings and imposes a graduated Real Estate Excise Tax (REET) on all property sales.
Washington Real Estate Excise Tax (REET)
Washington’s REET is paid by the seller using a graduated rate:
| Sale Price Tier | REET Rate |
|---|---|
| Up to $525,000 | 1.10% |
| $525,001 – $1,525,000 | 1.28% |
| $1,525,001 – $3,025,000 | 2.75% |
| Over $3,025,000 | 3.00% |
Washington Closing Cost Summary
| Cost Category | Estimated Range | Paid By |
|---|---|---|
| Loan Origination Fee | 0–1% of loan | Buyer |
| Underwriting/Processing | $400–$900 | Buyer |
| Appraisal | $600–$900 | Buyer |
| Title Insurance (both) | $1,800–$2,800 | Buyer |
| Escrow Fees | $800–$1,500 | Buyer |
| Real Estate Excise Tax (REET) | 1.1–2.75% of price | Seller |
| Recording Fees | $200–$400 | Buyer |
| Prepaid Insurance | $1,500–$3,600 | Buyer |
| Prepaid Taxes (escrow) | $1,500–$4,000 | Buyer |
| Total Buyer Estimate | $8,000–$18,000+ |
Strategies to Reduce Washington Closing Costs
Seller concessions, lender credits, and WSHFC Home Advantage DPA (which can cover closing costs) are the primary strategies available to Washington buyers. You also have the right to shop for your own title and escrow company — prices vary meaningfully between providers in Washington State.
Get a Washington Closing Cost Estimate
NEXA Lending LLC issues Loan Estimates within three business days of application with a complete itemized closing cost breakdown.
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