Michigan title cost calculator

Michigan Title Insurance Calculator & Seller Net Sheet

Estimate buyer title fees, seller net proceeds, Michigan transfer taxes, and refinance title costs before closing. Choose the transaction type below and build a planning estimate in minutes.

Calculate an Estimate Start a Title Order
Free title quote tool

Choose a transaction type.

Use Buyer for purchase-side title costs, Seller for a detailed Michigan seller net sheet, or Refi for refinance title costs.

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Used for owner's policy & transfer tax.
$
Used for lender's title insurance premium.
Seller Details
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For land contracts, seller cash at close starts with the down payment, not the full price.
$
$
Second mortgage, judgment, HOA, assessment, lien, or other payoff total.
$ %
Listing + buyer agent combined, calculated from the sale price.
$
Other Seller Expenses & Credits
$
$
Add seller expenses or credits such as a compliance fee, home warranty, repair credit, municipal charge, or other closing item.
Tax Prorations
Used to prorate taxes between buyer and seller.
Arrears = seller credits buyer for seller's days. Advance = buyer credits seller for days prior to closing.
$
$
Results —
* Premiums based on First American MI Basic Rates (effective 11/16/2024). This is an estimate — final fees may vary.

Planning estimate only. Premiums in this calculator use First American Michigan Basic Rates effective November 16, 2024 and the Lime Title fees programmed into this tool. Final title premiums, endorsements, recording charges, taxes, prorations, lender requirements, and closing figures can vary by transaction.

Lime Title fee schedule

Michigan Title Company Fees & Settlement Costs

Lime Title uses straightforward settlement fees based on the type of transaction. These fixed agency fees are separate from title insurance premiums and other transaction-specific closing costs.

Purchase

Cash Purchase

Buyer Fees
Closing Fee $395
Recording Service Fee $35
Overnight Fee $50
Processing Fee $100
Seller Fees
Closing Fee $295
Deed Preparation $65
Processing Fee $100
Purchase

Financed Purchase

Buyer Fees
Closing Fee $550
Recording Service Fee $35
Overnight Fee $50
Processing Fee $200
Seller Fees
Closing Fee $550
Deed Preparation $65
Outgoing Wire Fee $45
Processing Fee $200
Seller Financing

Land Contract

Buyer Fees
Closing Fee $395
Recording Service Fee $35
Overnight Fee $50
Deed Held in Escrow $100
Processing Fee $100
Seller Fees
Closing Fee $295
Document Preparation $100
Processing Fee $100
Mortgage

Refinance

Settlement Fees
Closing Fee $295
Recording Service Fee $35
Overnight Fee $50
Outgoing Wire Fee $45
Processing Fee $100

Fees shown are Lime Title's standard agency and settlement fees for the transaction types listed above. Title insurance premiums, endorsements, governmental recording charges, transfer taxes, payoff or municipal fees, lender charges, and other transaction-specific costs are not included. Actual fees may vary based on the closing file. Use the calculator above for a transaction-specific estimate.

Three useful estimates

Use the same tool before a purchase, sale, or refinance.

The calculator changes its inputs and line-item breakdown based on the side of the transaction you are estimating.

01 / BUYER

Michigan Buyer Title Quote

Choose cash, land contract, or mortgage. For financed purchases, enter the loan amount to estimate the lender's title insurance premium along with applicable Lime closing fees.

02 / SELLER

Michigan Seller Net Sheet

Estimate proceeds after owner's title insurance, state and county transfer tax, commissions, payoffs, concessions, tax prorations, HOA or utility charges, and custom seller credits or expenses.

03 / REFINANCE

Michigan Refinance Title Quote

Enter the new loan amount to estimate the lender's loan/refinance title premium and the Lime title and settlement fees included in this calculator.

Understanding the estimate

Title costs are only one part of the closing picture.

A useful estimate separates title premiums and settlement fees from transaction-specific items such as transfer taxes, payoffs, commissions, credits, and property-tax prorations.

01
Title insurance premiums

Premiums depend on the policy type and amount of insurance. The calculator uses the First American Michigan Basic Rate table programmed into the tool and requires a manual quote above $5 million.

02
Michigan seller transfer tax

The Seller mode estimates Michigan state and county real estate transfer tax from the sale price and includes those amounts in the projected seller proceeds.

03
Seller-specific deductions and credits

Payoffs, real estate compensation, concessions, HOA charges, water or sewer charges, tax prorations, and additional custom line items can materially change a seller's final net.

04
Final figures come from the closing file

This page is designed for early planning. Actual closing figures depend on the signed contract, title work, lender instructions, payoff statements, taxes, municipal information, policy selection, and other file-specific requirements.

More Michigan real estate tools

Keep working through the numbers.

Use Lime's other free resources when your transaction involves future property taxes, seller financing, recorded-property alerts, or Michigan forms.

Calculator

Michigan Property Tax Calculator

Estimate property taxes using Michigan Treasury millage data and the property's projected taxable value.

Estimate property taxes → Calculator

Michigan Land Contract Calculator

Estimate payments, interest, amortization, and a future balloon balance for seller-financed real estate.

Calculate land contract terms → Resources

Free Michigan Real Estate Forms

Find official Michigan property, tax, disclosure, and construction-lien forms from current public sources.

Browse free forms → Property alerts

Michigan Property Fraud Alerts

Find available county deed-monitoring and property-alert resources across all 83 Michigan counties.

Find your county alert →
Frequently asked questions

Michigan title quote questions.

How much does title insurance cost in Michigan?

The premium depends on the policy type, amount of insurance, underwriter rate schedule, available discounts, endorsements, and transaction details. Enter the applicable purchase price or loan amount above to create a planning estimate using the rate table built into Lime's calculator.

Who usually pays for the owner's title insurance policy in Michigan?

In many Michigan purchase transactions, the seller pays the owner's title insurance premium by local custom, but the purchase agreement controls who is responsible for a particular cost. The Seller mode therefore includes the owner's basic policy premium in its estimate.

What is included in the Michigan seller net sheet?

The seller calculator can include the sale price or land-contract cash at closing, owner's title premium, Lime fees, Michigan state and county transfer tax, mortgage and lien payoffs, real estate compensation, seller concessions, tax prorations, HOA charges, water or sewer charges, and user-added seller expenses or credits.

Can I use this calculator for a Michigan land contract?

Yes. Buyer and Seller modes both include a Land Contract deal type. Seller mode also lets you enter the land-contract down payment so the projected cash at closing is separated from the remaining contract balance. For payment and balloon calculations, use Lime's dedicated Michigan Land Contract Calculator.

Can I estimate refinance title costs?

Yes. Choose Refi and enter the new loan amount. The tool estimates the lender's loan/refinance title premium plus the Lime closing, recording-service, overnight, wire, and processing fees currently programmed into the calculator.

Is this quote the final amount I will pay or receive at closing?

No. It is a planning estimate. Final figures are prepared from the actual closing file and can change based on the contract, title requirements, policy coverage, lender instructions, endorsements, recording charges, payoff statements, taxes, prorations, municipal items, credits, and other transaction-specific costs.

What happens if the purchase price or loan amount is over $5 million?

The calculator's built-in title-premium table stops at $5 million of liability. Transactions above that amount require a manual title quote from Lime Title so the correct premium and applicable underwriting requirements can be reviewed.

Ready for real closing figures?

Send Lime Title the transaction and let us take it from estimate to closing.

Start a new Michigan title order online or contact our Brighton office with questions about a purchase, sale, refinance, land contract, probate, FSBO, or investor transaction.

Start a Title Order Contact Lime Title

Lime Title Agency LLC

4435 Old US 23

Brighton, MI 48114

(810) 588-9689

[email protected]

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