HMDA Closing Costs by County - Median Total Loan Costs (2025)

In the Home Mortgage Disclosure Act modified LAR, total_loan_costs report Closing Disclosure Section D — lender fees and other loan costs paid by the borrower. They exclude prepaid interest, escrow deposits, and many third-party charges that still appear on a full cash-to-close worksheet. Use them as a market benchmark, not a Loan Estimate.

We filter to home-purchase applications (loan_purpose = 1) with final actions 1-5, then compute medians only on originated loans (action_taken = 1). Rows reported as NA or Exempt are skipped. Each metric keeps its own sample size n; we hide medians with fewer than 50 observations.

We take the median combined loan-to-value (CLTV) on originated purchase loans and report an implied down payment of 100 minus that CLTV. It is an approximation for planning context, not the borrower's actual cash to close.

After the next full modified-LAR aggregation with cost fields enabled, the county CSV will publish at /data/reports/hmda-closing-costs-2025.csv. Until then, denial-rate snapshots remain available and the cost pipeline is covered by fixture tests in the repo.

Denial rates still come from the same HMDA filter (home purchase, final actions). Cost medians add originated-loan economics — rates, Section D costs, and CLTV — plus the modal denial_reason_1 among denied applications. See our Texas vs California denial methodology post for the denial filter details.