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Tennessee Tools

Tennessee Real Estate Closing Calculators

Eight calculators built on Tennessee’s actual rules — 2025 Comptroller rates for all 95 counties, filed title premiums, and the two recording taxes. Free, no signup.

What Clients Say

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“Atlantic Title made our first home purchase so smooth. They explained every document clearly and closed on time. Couldn’t recommend them more highly.”

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Maria R.
First-Time Homebuyer
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“As a Realtor I send every single client to Atlantic Title. Their team is responsive, professional, and always closes on time. My go-to title company.”

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James T.
Licensed Realtor
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“We did a RON closing from out of state and it was absolutely seamless. The technology was easy to use and the team walked us through every step. Exceptional.”

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Why Tennessee numbers don’t work like other states

Three things about Tennessee catch people out, and every calculator here is built around them.

First, the buyer pays the transfer tax. Tennessee’s realty transfer tax of $0.37 per $100 is the grantee’s obligation, so it lands on the buyer’s side of the settlement statement. In a good number of states the deed tax falls on the seller, which means sellers arriving from elsewhere often budget for a cost they will never be charged, and buyers get surprised by one they did not expect.

Second, property tax is assessed on a fraction of value. Under Article II, Section 28 of the state constitution, residential and farm property is assessed at 25% of appraised value and commercial and industrial at 40%. Rates are quoted per $100 of that assessed figure, so a Tennessee rate that looks high beside another state’s is usually nothing of the sort.

Third, title insurance rates are filed, not promulgated. Tennessee does not set one statewide premium the way some states do. Each underwriter files its own schedule, so the same file can price differently depending on who issues the policy. The premiums used here follow Stewart’s filed Tennessee schedule effective January 8, 2024.

Taxes are in arrears, and that shapes every closing

Tennessee bills property tax in arrears for the current calendar year. Bills are payable October 1 through the end of February and go delinquent March 1. At a mid-year closing the bill covering the seller’s months of ownership has not been issued yet, so the seller credits the buyer and the buyer pays the full bill when it lands in the fall.

That credit grows the later in the year you close, and it is a real line on the seller’s sheet. Both the proration calculator and the seller net sheet account for it.

Who chooses the closing agent in Tennessee

Since a law effective July 1, 2025, the buyer or borrower has the exclusive right to choose the settlement agent in Tennessee, subject only to lender approval — and that right cannot be waived by agreement. A seller cannot require a buyer to use a particular closing company. If you are buying here, the choice of title company is yours.

We are licensed in Tennessee and close files across the state, including remotely. If you are closing from out of state, the mail-away and RON guide explains how that works, and the Tennessee title company page covers what we handle.

Closing in Tennessee? We are a licensed Tennessee title agency — see how we handle Tennessee title insurance and closings, or read how a Tennessee mail-away or RON closing works if you are signing from another state.

Frequently Asked Questions

Who pays the transfer tax in Tennessee?
The grantee, which in a normal purchase means the buyer. Tennessee charges $0.37 per $100 of consideration on recorded transfers.
How is Tennessee property tax calculated?
Appraised value is multiplied by the constitutional assessment ratio — 25% residential and farm, 40% commercial and industrial — and the rate is applied per $100 of that assessed value.
Are Tennessee title insurance rates the same everywhere?
No. Tennessee rates are filed by each underwriter rather than promulgated by the state, so premiums vary by company. Confirm against the underwriter issuing your policy.
Are Tennessee property taxes paid in advance or arrears?
In arrears. Bills are payable October 1 through the end of February and become delinquent March 1, so at most closings the seller credits the buyer.
Who picks the title company in Tennessee?
Since July 1, 2025 the buyer or borrower has the exclusive, non-waivable right to choose the settlement agent, subject only to lender approval.
Do these calculators work for a refinance?
Yes. A refinance owes no transfer tax because no deed is recorded, but the mortgage tax applies to the new deed of trust. The reissue page covers the title side.
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