Closing costs in Kentucky usually range from 2% to 5% of the home’s purchase price. These costs may include fees for appraisals, inspections, title insurance, and lender charges. Your loan officer can give you a personalized estimate based on your purchase.

For example, on a $300,000 home, buyers can expect to pay between $6,000 and $15,000 in closing costs. 

The most common loans among Kentucky buyers are:

• Conventional Loans – Flexible terms with competitive interest rates. Often preferred by buyers with strong credit and larger down payments, though options with as little as 3% down are available.

• FHA Loans – Backed by the Federal Housing Administration, these are popular with first-time buyers. They allow lower credit scores and down payments starting at 3.5%.

• VA Loans – Available to eligible veterans, active-duty service members, and surviving spouses. VA loans require no down payment and no private mortgage insurance (PMI).

• USDA Loans – Designed for qualifying buyers in rural and suburban areas. These loans also offer no down payment and reduced mortgage insurance costs.

• Kentucky Housing Corporation (KHC) Down Payment Assistance Programs – KHC offers statewide assistance options for both first-time and repeat home buyers. The Regular DAP provides affordable loans to help with upfront costs, while the Conventional HFA Preferred or HFA Advantage programs offer 30-year fixed-rate loans with as little as 3% down, reduced mortgage insurance, and eligibility for borrowers earning up to 80% of the Area Median Income. Both can be paired with KHC’s down payment assistance to make homeownership more attainable.

Kentucky’s public schools vary in performance across districts, with many excelling in academic achievement, student growth, and college readiness. Some districts consistently rank among the best in the state for overall excellence and community engagement.

• Top-performing districts include Fort Thomas Independent Schools, Anchorage Independent Schools, and Beechwood Independent Schools, known for high test scores and graduation rates.

• Schools in Northern Kentucky and the Louisville metro area often outperform statewide averages in academics and extracurricular opportunities.

• The Kentucky Department of Education uses a color-coded accountability system to assess school performance in areas like proficiency, growth, and readiness.

• Several schools receive distinctions for advanced placement offerings and strong college preparation programs.

• For full district and school performance data, visit the Kentucky School Report Card.