Estimate your Title Insurance Premium & Potential Savings
Refinance (Lower Rate)
Purchase (Standard Rate)
National Average
CA – California (High Cost)
NY – New York (High Cost)
FL – Florida
TX – Texas
OH – Ohio
Standard Industry Premium:$0.00
Estimated Doma Premium:$0.00
Potential Savings:$0.00
*Rates are estimates based on typical tiered structures and Doma's advertised efficiency savings compared to standard ALTA rates. Actual premiums depend on specific county filings and underwriting.
Understanding Doma Title Rates
When closing on a real estate transaction, title insurance is one of the significant closing costs. The Doma Rate Calculator is designed to help homeowners and homebuyers estimate their title premiums using Doma's (formerly States Title) machine-intelligence underwriting model versus standard industry rates. Doma utilizes algorithmic underwriting to reduce the time and manual labor involved in title searches, often resulting in reduced premiums, particularly for refinance transactions.
How the Doma Rate Calculation Works
Title insurance premiums are generally regulated at the state level, but companies like Doma offer specialized products like the "Doma Intelligence" platform which can offer discounted rates by expediting the clearing process. The calculator above considers three main factors:
Transaction Type: Refinance rates are significantly lower than Purchase rates because the owner already possesses a policy, and the risk to the lender is lower. Doma specializes in streamlining refinances.
Loan Amount / Liability: Title insurance is a tiered calculation. As the liability amount (loan size or purchase price) increases, the rate per thousand decreases, though the total premium rises.
Location (State): Each state has a different base rate and filing structure. For example, New York and Texas generally have higher regulatory fees compared to the national average.
Refinance vs. Purchase Rates
The most significant savings with Doma are often found in refinance transactions. Traditional title companies may charge a reissue rate that requires proof of the prior policy. Doma's automated instant underwriting often bypasses the need for manual title searches on clean files, allowing them to offer a "bundled" or flat-fee structure in certain states that can be 20% to 30% lower than standard ALTA (American Land Title Association) rates.
Why Calculate Your Title Rate?
Title insurance protects your property rights (Owner's Policy) and the bank's investment (Lender's Policy) against claims like liens, fraud, or administrative errors in public records. While it is a one-time fee paid at closing, it can range from 0.5% to 1.0% of the home's value. Using a Doma rate estimator helps you shop for closing services and potentially negotiate better terms with your lender by requesting a title provider that uses modern, efficient underwriting technology.
Factors That May Increase Rates
While the calculator provides a baseline estimate, specific complexities can increase the final cost. These include endorsements (additional specific coverages required by lenders), recording fees, and specific county transfer taxes which are separate from the insurance premium.
function calculateDomaRate() {
// 1. Get Input Values using exact IDs
var amountInput = document.getElementById('loanAmount');
var typeInput = document.getElementById('transactionType');
var stateInput = document.getElementById('propertyState');
var resultsDiv = document.getElementById('resultsArea');
var standardDisplay = document.getElementById('standardPremium');
var domaDisplay = document.getElementById('domaPremium');
var savingsDisplay = document.getElementById('totalSavings');
var amount = parseFloat(amountInput.value);
var transType = typeInput.value;
var stateMultiplier = parseFloat(stateInput.value);
// 2. Validate Input
if (isNaN(amount) || amount <= 0) {
alert("Please enter a valid Loan Amount or Purchase Price.");
return;
}
// 3. Logic: Standard Industry Tiered Calculation (Base Model)
// Typical structure:
// Up to 100k: $5.75 per $1k
// 100k – 1M: $4.50 per $1k
// 1M+: $3.00 per $1k
var basePremium = 0;
// Tier 1 calculation
if (amount <= 100000) {
basePremium = (amount / 1000) * 5.75;
} else {
basePremium += (100000 / 1000) * 5.75; // First 100k
// Tier 2 calculation
var remaining = amount – 100000;
if (remaining <= 900000) { // Up to 1M total
basePremium += (remaining / 1000) * 4.50;
} else {
basePremium += (900000 / 1000) * 4.50; // Next 900k
// Tier 3 calculation (Over 1M)
var overMillion = amount – 1000000;
basePremium += (overMillion / 1000) * 3.00;
}
}
// Adjust for State Cost of Living/Regulation
basePremium = basePremium * stateMultiplier;
// 4. Adjust for Transaction Type (Refinance is usually cheaper in industry)
// Standard Refi is often ~70% of Purchase rate
var standardFinal = 0;
if (transType === 'refinance') {
standardFinal = basePremium * 0.70;
} else {
standardFinal = basePremium;
}
// 5. Calculate Doma Specific Estimate
// Doma marketing suggests efficiency savings.
// For Refi: Doma often beats standard refi rates by ~20-30% due to instant underwriting
// For Purchase: Doma is competitive, often ~10-15% lower than standard ALTA
var domaFinal = 0;
if (transType === 'refinance') {
// Apply Doma efficiency discount to the standard refi rate
domaFinal = standardFinal * 0.75; // 25% savings over standard refi
} else {
// Purchase discount
domaFinal = standardFinal * 0.90; // 10% savings over standard purchase
}
// Ensure minimum fees (rarely below $450)
if (standardFinal < 450) standardFinal = 450;
if (domaFinal < 400) domaFinal = 400;
// Calculate Savings
var savings = standardFinal – domaFinal;
// 6. Output Formatting
// Format as Currency USD
var formatter = new Intl.NumberFormat('en-US', {
style: 'currency',
currency: 'USD',
minimumFractionDigits: 2
});
standardDisplay.innerHTML = formatter.format(standardFinal);
domaDisplay.innerHTML = formatter.format(domaFinal);
savingsDisplay.innerHTML = formatter.format(savings);
// Show results
resultsDiv.style.display = "block";
}