Pennsylvania Home Buying Guide
Northeast Region · Judicial Foreclosure State
Key Facts at a Glance
What Makes Pennsylvania Unique
Pennsylvania has 2% transfer tax — one of the higher rates nationally
Attorney required at closing
PHFA offers some of the best state DPA programs
First-Time Buyer Programs in Pennsylvania
PHFA Keystone Home Loan
Contact your state housing finance agency for current eligibility and rates
PHFA HOMEstead Down Payment Assistance
Contact your state housing finance agency for current eligibility and rates
PHFA KHLP
Contact your state housing finance agency for current eligibility and rates
Program availability, income limits, and interest rates change frequently. Verify current terms with your lender or state housing finance agency.
Closing Costs in Pennsylvania
Attorney at Closing
Attorney Required at Closing
Pennsylvania requires a licensed real estate attorney to oversee the closing process. Budget $500–$1,500 for attorney fees.
Local Tips for Pennsylvania Buyers
2% transfer tax (split 50/50 by custom) adds real closing costs.
PHFA HOMEstead offers up to $10,000 at 0% — forgivable over 10 years.
Philadelphia adds 3.278% local transfer tax on top of state.
Estimated Annual Ownership Cost in Pennsylvania
Based on the median home price of $265,000 with a 10% down payment and 7% mortgage rate.
Ready to Calculate Your Numbers?
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