FHA mortgage closing costs average between 3 and 5 percent of the home's purchase price. FHA closing costs are very similar to those of conventional mortgage loans with the addition of a 1 percent origination fee and an upfront mortgage insurance premium.
Typical FHA closing costs include fees for origination, deposit verification, attorneys, appraisals and inspections. Other closing costs with an FHA mortgage include title fees, document preparation fees, property survey, credit reports and transfer stamps, in addition to recording fees, taxes and certifications. Closing costs do not include a down payment; however, the minimum down payment for FHA mortgage loans is only 3.5 percent. FHA closing costs can occasionally be financed depending on the borrower's needs and financial situation.