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On average, closing costs make up two to five percent of the purchase price of a home. Two percent doesn't seem like a high number, until you remember that houses are pretty expensive. With the average home price at $152,000, that means you can expect to pay an extra $3,000 to $7,600. And that's just on average.
Summary: This article explains the average or typical amount paid for FHA closing costs in 2014, which can range from 2% to 5% of the purchase price. This guide is based on industry-wide trends and surveys.The numbers presented below are merely averages.isconsin, Missouri and Kansas were on the low end of the spectrum, with average closing costs in the $2,000 range. According to a recent nationwide survey, home buyers paid around $3,700 on average in loan-related fees and charges. This survey considered all types of mortgage loans -- FHA and conventional alike.