Last updated: 2026-07-02
Average total closing costs
$5,250
Median home price
$360,000
Shopping lenders in Tennessee? Run a Fair Loan Check before you lock.
Benchmarked against 70,663 real Tennessee mortgages.
Use the fee-by-fee breakdown below to benchmark every line item on your Tennessee Closing Disclosure. Each page shows the typical range, red flags, and whether the fee is negotiable in Tennessee.
Origination Fee
Negotiable · Section A
Processing Fee
Negotiable · Section A
Underwriting Fee
Negotiable · Section A
Title Insurance
Negotiable · Section C
Appraisal Fee
Non-negotiable · Section B
Recording Fee
Non-negotiable · Section E
Transfer Tax
Non-negotiable · Section E
Attorney Fee
Negotiable · Section C
Courier Fee
Negotiable · Section H
Credit Report Fee
Non-negotiable · Section B
Flood Certification Fee
Non-negotiable · Section B
Tax Service Fee
Non-negotiable · Section B
Wire Transfer Fee
Negotiable · Section H
Document Preparation Fee
Negotiable · Section A
Things Tennessee buyers should know
Tennessee layers county or city transfer taxes on top of the state rate. The combined burden varies by jurisdiction — confirm the exact rate that applies to your property address before signing.
How the layered rate is calculated
Tennessee documentary transfer tax (realty transfer tax): $0.37 per $100 of purchase price ($3.70 per $1,000), applied to the greater of purchase price or assessed value (TCA § 67-4-409). Tax cap: $100,000 per transaction. Tennessee mortgage/indebtedness tax: $1.15 per $1,000 of loan amount (first $2,000 exempt).
By statute, the documentary transfer tax (realty transfer tax) is the legal obligation of the BUYER (grantee), though by local custom it is often paid by or negotiated with the seller. Always verify who pays in the contract — do not assume seller. The mortgage/indebtedness tax ($1.15/$1,000 of loan) is a buyer cost at closing that is separate from the transfer tax and often overlooked.
Closing-cost benchmarks from 46,163 verified Tennessee closing disclosures — typical lender median is $6,582.
Many of the fees listed above also appear on your Loan Estimate, the document your lender must provide within 3 business days of your application. Pay close attention to the origination fee, the most negotiable lender-charged item and often the biggest variable between competing quotes. Comparing Loan Estimates from multiple lenders is the single best way to reduce what you pay at closing. Check if your Loan Estimate fees are competitive →
Got your CD? See which of these fees are overpriced.
Upload your Closing Disclosure and every line item is audited against Tennessee benchmarks — in 60 seconds.
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