How to Use This Estimate
Estimate remaining cash after earnest money and credits, including a clearly labeled cost allowance.
How the Pieces Fit
The estimate adds down payment, editable lender/title and recording allowances, and estimated insurance and tax escrow, then subtracts earnest money already paid and eligible credits. Earnest money is generally credited toward what you owe; it is not an extra cost on top of the full purchase cash.
- Check whether seller or lender credits are actually permitted and agreed.
- Keep inspection and moving costs outside this calculation.
- Compare the final cash-to-close line on your Closing Disclosure.
Why It Changes
Taxes, insurance premiums, escrow deposits, settlement charges and the closing date can change the final figure. A lender’s Loan Estimate and later Closing Disclosure give a transaction-specific breakdown.
- Ask Adam to walk you through any revised estimate.
Cash to Close: A $300,000 Home
Suppose you plan a $15,000 down payment and allow $9,000 for closing charges, prepaids and escrow. If you have already paid $3,000 in earnest money and have an agreed, eligible $2,000 seller credit, your remaining cash to close would be $19,000.
Need help with the upfront funds? Explore national and state down payment assistance, then ask Adam which options may fit your purchase.
Questions Buyers Ask
Is down payment the same as cash to close?
No. Cash to close includes other charges and adjustments after subtracting deposits and credits.
Can a seller pay all my costs?
Program limits and contract terms vary; ask Adam and your agent what is permitted.