Closing Cost Calculators Alaska

Alaska Closing Cost Calculator

Estimate Alaska closing costs for buyers and sellers. Transfer tax: 0%. Average total: 2.8% of price.

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Alaska Quick Facts
None Income Tax Rate
1.19% Property Tax Rate
$77,790 Median Income
125.9 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Closing costs in Alaska typically range from 2.3% to 3.3% of the purchase price. This calculator estimates individual line items including title insurance (0.5% of price), transfer taxes (0% in Alaska), recording fees, loan origination fees (1% of loan), appraisal, inspection, and escrow/prepaids. Alaska does not require an attorney for closings, though one is recommended.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
Bankrate, State Dept. of Revenue
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much are closing costs in Alaska?

Closing costs in Alaska average 2.8% of the purchase price. On a $330,000 home, that's approximately $9,240.

Does Alaska have transfer taxes?

Alaska does not impose a transfer tax on real estate transactions.

Do I need an attorney to close in Alaska?

No, Alaska does not require an attorney for real estate closings, though having one is recommended for complex transactions.

Who pays closing costs in Alaska?

In Alaska, both buyers and sellers have closing costs. Buyers typically pay loan-related fees, appraisal, inspection, and their share of prepaids. Sellers usually pay real estate agent commissions and their share of transfer taxes. Some costs are negotiable between the parties.

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