BEHIND THE NUMBERS
How this calculation works
Worked example
USD 780 + (268,500 − 100,000) × 0.00494 = USD 1,612.39, rounded under the official rule to USD 1,612.
Example result: US$1,612.00
Small policies use inclusive bands
The schedule lists face amounts up to and including each band. A value between bands therefore uses the next higher band, not a proportional interpolation. Above USD 100,000 the published bracket formulas replace that lookup.
A closing statement contains more than the basic premium
A title transaction can also involve endorsements, credits and settlement services. Keep those items separate when comparing this result with a closing statement. The calculator uses the current basic schedule only and does not decide which credits apply to your transaction.
Assumptions and rounding
- The basic policy schedule effective 1 March 2026 applies.
- Enter a positive face amount of no more than USD 1 billion.
Questions about this calculator
Which date’s rates are used?
The official rates effective 1 March 2026.
Why does a tiny face-amount change sometimes change the premium?
Below USD 100,000 the inclusive table bands can create a step. Above that value, whole-dollar rounding also creates steps.
Is this the full cost of closing?
No. It is only the basic title-insurance premium.