Calculator Inputs
Formula Used
Owner Premium = max(Owner Coverage ÷ 1,000 × Owner Rate, Owner Minimum)
Lender Premium = max(Loan Amount ÷ 1,000 × Lender Rate, Lender Minimum)
Owner Discount = Owner Premium × Reissue Discount Percent
Lender Discount = Lender Premium × Simultaneous Discount Percent
Escrow Fee = Escrow Base Fee + Sale Price ÷ 1,000 × Escrow Rate
Recording Fee = Recording Base Fee + Recording Pages × Page Rate
Transfer Tax = Sale Price ÷ 1,000 × Transfer Tax Per $1,000
Grand Total = Net Premiums + Services + Transfer Tax + Proration Adjustment
Buyer Due = Buyer Share − Applied Seller Credit
How To Use This Calculator
Enter the sale price, loan amount, coverage values, and local rate inputs.
Use zero for any fee that does not apply to your closing.
Set buyer share percent to divide costs between buyer and seller.
Enter seller credit when the seller pays part of the buyer cost.
Press Calculate to show the estimate below the header.
Use CSV for spreadsheets and PDF for simple sharing.
Example Data Table
| Scenario | Sale Price | Loan Amount | Owner Rate | Lender Rate | Buyer Share |
|---|---|---|---|---|---|
| Starter Home | $250,000 | $200,000 | $5.75 | $2.25 | 50% |
| Move Up Purchase | $475,000 | $380,000 | $5.35 | $2.00 | 60% |
| Cash Purchase | $325,000 | $0 | $5.50 | $0.00 | 100% |
Why This Title Calculator Helps
A title estimate can feel hard to read. Many buyers see several policy lines, service fees, taxes, and settlement charges at once. This calculator keeps those items in one place. It lets you test purchase price, loan amount, rate settings, and closing costs before you request a formal quote.
Independent Planning For Closing
Old Republic Title related estimates often depend on location, coverage, lender rules, and transaction details. This tool does not replace an official rate sheet. It gives a planning view. You can change the owner policy rate, lender policy rate, transfer tax rate, and fee split. That makes it useful for early budgeting, seller net planning, and buyer cash review.
What The Result Shows
The result separates owner coverage, lender coverage, discounts, transfer taxes, and fixed closing services. It also shows buyer and seller shares. A seller credit can reduce the buyer amount due, while increasing the seller side. This helps agents and clients see how credits affect the final settlement plan.
How To Use Better Inputs
Start with the expected sale price. Add the loan amount if financing is used. Enter zero for a cash deal. Choose the transaction type and policy options. Then enter local rates from your quote, state schedule, or title office. Use the reissue discount only when the deal qualifies. Add endorsements, recording, courier, wire, search, notary, and document fees when they apply.
Why Exports Matter
The CSV export is useful for spreadsheets. The PDF export is better for sharing a clean summary. Both files use the current form values. You can save several versions and compare different offers. This is helpful when negotiating credits, testing higher loan amounts, or estimating a refinance.
Checks Before You Share
Review every custom rate before sending the estimate. Confirm who pays each charge. Compare output with disclosures. Tax changes can move the final balance. Keep notes beside each version so later revisions stay easy to trace.
Important Reminder
Title and escrow charges can change by county, state, insurer, property type, and closing date. Government fees can also change. Always confirm the final amount with the closing team before signing. Use this calculator as a clear estimate, not a binding title quote.
FAQs
Is this an official Old Republic Title quote?
No. This is an independent estimate tool. Final title charges should always be confirmed with the title company, escrow officer, lender, or closing agent.
What is owner coverage?
Owner coverage usually protects the buyer’s ownership interest. In many purchase cases, it matches the sale price. Local rules and contract terms can change that amount.
What is lender coverage?
Lender coverage usually protects the lender’s loan interest. This calculator uses the loan amount as lender coverage. Enter zero when no loan policy applies.
What does rate per $1,000 mean?
It is the charge applied for each $1,000 of coverage. For example, a $5.75 rate on $300,000 coverage equals 300 × $5.75.
When should I use a reissue discount?
Use it only when the transaction qualifies under local title rules. Reissue discounts often depend on prior policies, property history, and state requirements.
Why does seller credit reduce buyer due?
A seller credit shifts part of the buyer’s closing cost to the seller. This calculator applies the credit against the buyer share first.
Can I use this for refinance estimates?
Yes. Select refinance and enter the new loan amount. Set owner coverage or owner fees to zero when they do not apply.
Why are my final closing costs different?
Final costs can change because of county fees, state rules, lender requirements, endorsements, taxes, payoff timing, and escrow instructions.