These are the fees that an Orange County home buyer incurs in addition to the purchase price of a home. The fees include the excise tax(transfer tax), loan-processing and underwriting costs and title insurance that buyers and sellers pay at closing. Buyers and sellers can sometimes negotiate over who pays which fees. Typically, closing costs will amount to 2 – 3% of the purchase price. The buyer's down payment for the home must also be paid at closing in addition to the closing costs, but is listed separately from the closing costs.