The question that I regularly receive is, "How much are closing costs?". There are some fees that are standard across all transactions. However, there are fees that are dependent upon the "amount" of the transaction or the purchase price of the property. Lenders' and Homeowners' Title Insurance policies are based on the value of the home. So, the more expensive the home, the more it costs to insure the transaction. For example, a person purchasing an $100,000 home may pay closing costs to the law firm in the amount of around $1500 (including title insurance). If the home is over $1,000,000, those costs could be more than $5,000 for the transaction. The amount makes the difference.