Buyer closing costs in Kansas City
A common rule of thumb is 2% to 5% of the loan amount. The closing cost calculator turns that into a cash-to-close estimate.
- Lender fees: origination, appraisal and credit
- Title insurance: the lender's policy, plus the owner's policy if your contract assigns it to you
- Settlement and recording fees
- Prepaid interest, homeowners insurance and the initial escrow deposit
Seller closing costs in Kansas City
The seller net sheet estimates what you'll walk away with.
- Mortgage payoffs
- Commissions, if any
- Concessions toward the buyer's costs
- The owner's title policy, where the contract assigns it to the seller
- A property tax credit to the buyer
Kansas side vs. Missouri side: property taxes
On the Kansas side, a year's tax is billed in two halves due December 20 and May 10 of the next year. On the Missouri side, a year's tax is due by December 31. Either way, at a mid-year closing the seller usually credits the buyer for taxes from January 1 to closing.
Which side is the property on?
The state the land sits in decides the recording office, the deed forms and who can close it. Along State Line Road, check the address before you order title.
Common questions
How much are closing costs in Kansas City?
For a buyer with a mortgage, commonly 2% to 5% of the loan amount on either side of the state line. Use the calculator for your price.
Is there a transfer tax in Kansas City?
No. Neither Kansas nor Missouri has a state real estate transfer tax.