Title Insurance Calculator
Owner's and lender's title premiums, using a simplified tiered rate schedule.
Your numbers
Simplified two-tier schedule. Real rates are promulgated or filed per state and usually carry more tiers plus reissue and refinance credits.
Estimated total title premium
$2,450.00
Owner's policy plus simultaneous-issue lender's policy
- Owner's policy premium$2,200.00
- Lender's policy premium$250.00
- Simultaneous-issue saving−$1,525.00
- Owner's coverage
- $425,000
- Lender's coverage
- $340,000
- Total premium
- $2,450
- Saved on issue
- $1,525
Simultaneous issue applied. Both policies issued at the same closing, so the lender’s is charged at a flat $250 rather than a second full premium — a saving of $1,525.
Title premiums are state-regulated and underwriter-specific. This is a planning estimate, not a quote.
Frequently asked questions
How much is title insurance?+
Premiums are calculated from the policy amount using a rate schedule, typically quoted per $1,000 of coverage with a lower rate above the first $100,000. On a $425,000 purchase an owner's policy commonly lands between $1,500 and $2,500 depending on the state.
What is the difference between an owner's and a lender's policy?+
The lender's policy protects the lender's lien position for the loan amount and is required on nearly every mortgage. The owner's policy protects the buyer's equity for the purchase price and is optional in most states, though strongly recommended - it is the only one that pays the buyer.
What is simultaneous issue?+
When both policies are issued at the same closing by the same underwriter, the lender's policy is usually issued for a small flat fee instead of a full second premium. This calculator models that with a flat simultaneous-issue fee and shows the resulting saving.
Are title insurance rates regulated?+
In many states yes - rates are promulgated or filed with the insurance department, so they do not vary between underwriters. In other states they are competitive. Real schedules also carry more tiers and reissue or refinance credits than the simplified two-tier model here.
How title premiums are built
- Owner's policy
- Covers the buyer's equity for the purchase price, for as long as they hold an interest in the property. A one-time premium.
- Lender's policy
- Covers the lender's lien position for the loan amount and falls away as the loan is repaid. Required on nearly every mortgage.
- Tiered rates
- Premiums are quoted per $1,000 of coverage, with the rate stepping down above the first $100,000 of policy amount.
- Simultaneous issue
- Issuing both policies at one closing replaces the second full premium with a small flat fee.