| Transfer tax | State conveyance tax 0.75% on the first $800,000 of residential consideration and 1.25% above that; municipalities add 0.25% (0.5% in targeted investment communities). |
|---|---|
| Usually paid by | Seller (customary) |
| Attorney at closing | Required |
| Recording | Recording fees are set by the town clerk, typically a flat fee per document. |
What drives your total
Lender fees, title insurance, prepaid taxes and insurance, and any points you buy move the number most. On a $400,000 purchase, 2–5% means roughly $8,000–$20,000 at the table, your Loan Estimate itemizes every dollar three business days before closing.
Ways to reduce cash to close
- Seller credits (negotiated in the contract, program limits apply)
- Lender credits in exchange for a slightly higher rate
- Down payment assistance programs where available
- Closing on time, per-diem interest accrues daily
Sources: Tax Foundation 2026 (2024 ACS); CT Dept. of Revenue Services. Figures are typical ranges, not quotes.
FAQ
How much are closing costs in Connecticut?
Buyer closing costs in Connecticut typically run 2–5% of the purchase price. State-specific items include: State conveyance tax 0.75% on the first $800,000 of residential consideration and 1.25% above that; municipalities add 0.25% (0.5% in targeted investment communities).
Who pays transfer tax in Connecticut?
Customarily the seller (customary) pays the transfer tax in Connecticut, though it is negotiable in the contract.
Does Connecticut require an attorney at closing?
Yes, Connecticut is an attorney-closing state, so budget for attorney fees at the closing table.