Free Title Insurance Calculator
Estimate the cost of owner and lender title insurance policies based on the property value and loan amount.
Total Title Insurance Cost
$2,000
Total Title Insurance Cost vs Owner Policy Rate (per $1,000)
Title Insurance Explained
Title insurance protects against financial loss from defects in title to real property, such as liens, encumbrances, or ownership disputes.
Two Types of Policies
Simultaneous Issue Discount
When both policies are issued at the same time, the lender policy is significantly discounted (typically 25-40% off) because the title search has already been done.
Rate Factors
Title insurance rates vary by state, some of which regulate rates. Rates generally range from $2 to $6 per $1,000 of coverage.
Example Calculation
A $400,000 property with a $320,000 loan. Owner rate $3.50 per $1,000, lender rate $2.50 per $1,000, 25% simultaneous issue discount.
- 01Owner policy: $400,000 / 1,000 x $3.50 = $1,400
- 02Lender policy (full): $320,000 / 1,000 x $2.50 = $800
- 03Simultaneous discount: $800 x 25% = $200
- 04Lender policy (discounted): $800 - $200 = $600
- 05Total title insurance: $1,400 + $600 = $2,000
- 06Cost as % of property: $2,000 / $400,000 = 0.50%