Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTKacie GoffFri, July 31, 2026 at 11:26 PM GMT+2 11 min readKey takeawaysHome equity loan and HELOC closing costs and fees vary, depending on the lender, and can range from 1% to 5% of the total loan amount.HELOCs have fewer closing costs than HELoans, but often carry ongoing fees for account maintenance, inactivity or rate lock-ins.You can reduce home equity closing costs by comparing lender offers, negotiating with lenders, and setting up autopay.Applying for a home equity financing is similar to applying for a mortgage, and like a mortgage, you will face closing costs. However, while some estimates peg the average home equity loan closing costs comparable to primary mortgages — a range of 2% to 5% of the total loan amount — they can be as low as 1%. Some are even negotiable.Still, you'll need to factor in these fees when determining the total cost of the loan or line of credit. Let's dive deeper into both home equity loan and HELOC closing costs and tips on how to reduce them.What are home equity loan closing costs and fees?Home equity loan closing costs and fees are upfront expenses, meaning you must pay them before you receive any money. Some costs are flat fees, usually those from outside authorities for services like a home appraisal, title search or notarization. Fees that are charged by the lender often tend to be percentages of your loan principal.To give you an idea of what you might pay in home equity loan closing costs, here's a breakdown of the most common charges:Closing CostPotential FeeOrigination fee0.5% to 1% of loan amountAppraisal fee$300 to $450Credit report fee$10 to $100Legal feesFlat hourly rate or percentage of loan amountFiling/notary fees$20 to $100Title insurance costs0.5% to 1% of loan amountTitle search fee$75 to $200Origination feesPotential cost: 0.5% to 1% of the loan amountSome lenders charge an origination fee up front — an expense just to get the ball rolling on your application. Amounts vary by lender but may be either a flat fee or a percentage of the amount you borrow. If the latter, it can be as much as 1% of your home equity loan. In other cases, this can be a fairly nominal cost.Appraisal feesTypical cost: Around $350Lenders typically require that a home appraiser determine the current value of your property, which in turn impacts the worth of your equity stake, and the amount you have available to borrow. Generally, home equity loan appraisals average $358, according to HomeAdvisor. If you have a much larger home and/or you live in a high-priced area, the cost can be more expensive.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info