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Lender's Title Policy Calculator

Lender's title policy protects the lender's interest against title claims up to the loan amount. Required on every mortgage loan, paid by borrower at close. Cost varies by state and loan amount.

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Total lender's policy cost

$1,135

Base premium

$935

Endorsements

$200

How the math works

$340K × $2.75/$1K = $935 base premium + $200 required endorsements = $1,135.

Lender's policy is mandatory. But the rate is competitive — shop a few providers. In TX and FL, rates are state-set and identical; in NY and PA, shopping can save $200-$600.

How to Use

  1. Enter loan amount and state rate per $1,000.
  2. See lender's policy premium.

Frequently Asked Questions

Why does the lender need its own policy?

Lender's policy protects the lender's collateral (the loan). If a title defect emerges and causes the lender to lose security, the policy pays. Separate from owner's policy which protects the buyer.

Does coverage amount stay flat?

Decreases with loan paydown. Unlike owner's policy (stays at purchase price for lifetime), lender's coverage drops as loan amortizes. At loan payoff, lender's policy ends.

Can I use my own provider?

Yes in most states. Lender can suggest but can't require a specific title company (federal RESPA rule). Shop 3 providers — prices vary widely.

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