Closing Costs in Utah
The average closing cost in Utah is $13,180, which is 2.41% of the home price. Utah has no transfer tax, which saves buyers money.
Utah has no state transfer tax on real estate transactions, which is a significant advantage given the state's higher home prices. The absence of transfer tax, combined with no mandatory attorney requirement, keeps closing costs relatively low as a percentage of purchase price. Title insurance rates are competitive, and Utah's healthy lending market (with many local credit unions and mortgage brokers) creates competitive origination fee environments. Overall, closing costs run 2-3% of the purchase price.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow, HUD, Tax Foundation
Avg Closing Costs
$13,180
As % of Price
2.41%
Transfer Tax
None
Attorney Required
No
Closing Cost Breakdown for a $546,553 Home
| Item | Estimated Cost |
|---|---|
| Loan Origination Fee (1%) | $4,372 |
| Appraisal Fee | $500 |
| Credit Report | $50 |
| Title Search & Insurance | $2,733 |
| Transfer Tax | N/A |
| Recording Fees | $150 |
| Home Inspection | $400 |
| Survey | $350 |
| Attorney Fee (optional) | N/A |
| Prepaid Property Tax (2 months) | $428 |
| Prepaid Homeowners Insurance (1 year) | $1,640 |
| Prepaid Interest (15 days) | $1,168 |
| Estimated Total | $11,791 |
* Estimates based on average Utah home price of $546,553 with 20% down payment. Actual costs may vary. Transfer tax, attorney fees, and prepaid items are state-specific.
How to Reduce Closing Costs in Utah
No Transfer Tax Savings
Utah charges no state or local transfer tax on real estate sales. On a $500,000 home, this saves $2,500-5,000 compared to states with 0.5-1% transfer taxes — a significant advantage in Utah's higher-priced market.
Use UHC First-Time Buyer Programs
The Utah Housing Corporation offers the FirstHome Loan with competitive rates and down payment assistance of up to 6% of the loan amount. The Score program provides additional assistance for buyers meeting certain credit score requirements.
Compare Credit Unions for Lending
Utah has a strong credit union culture, with institutions like Mountain America, America First, and University Federal offering competitive mortgage rates and lower origination fees than national banks. Utah credit unions also tend to offer portfolio loan products for unique property types.
Budget for Water-Related Assessments
Utah's arid climate means water rights, irrigation shares, and secondary water assessments are common considerations. Some properties include pressurized irrigation (PI) water for landscaping — a significant cost savings, but the shares may need to be purchased separately from the property.
Legal Context for Utah Closings
Conveyance Document
Warranty or special-warranty deed
Security Instrument
Mortgage or deed of trust
Foreclosure Process
Non-Judicial
Attorney Required
No
Utah uses warranty or special-warranty deed for property transfers and mortgage or deed of trust as the security instrument. While an attorney is not required, you may still choose to hire one.
