Transparent calculator methodology
Build an itemized estimate of the funds needed for closing
Cash to close is more than the down payment. This planner keeps lender charges, third-party services, prepaid ownership costs, escrow funding, deposits, credits, and optional post-close reserves visible as separate parts.
What the estimate includes
- Down payment and estimated loan amount
- Origination charges, discount points, and fixed lender fees
- Title, settlement, appraisal, recording, and other third-party charges
- Prepaid interest, taxes, insurance, escrow funding, deposits, and credits
How the comparison works
Estimated cash to close adds the down payment, closing costs, prepaids, and initial escrow deposits, then subtracts earnest money and allowable seller or lender credits. An emergency reserve is shown separately because it is a planning goal rather than a settlement charge.
Important limitation
This is an early planning estimate. Reconcile every item against the lender Loan Estimate and final Closing Disclosure; actual charges, credit limits, and required funds depend on the transaction and loan program.