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Cash to Close Calculator

Your down payment is just the start. See the total cash needed at the closing table — including all buyer fees minus your earnest money deposit.

Try It: Down Payment Impact

Drag the slider to see how down payment percentage changes your total cash to close on a $385,000 purchase.

25%
$385,000 purchase · $5,000 earnest money deposit
5%40%
Down Payment
$96,250
Buyer Closing Costs
$11,240
Earnest Money Credit
-$5,000
Cash to Close
$102,490
$96,250 + $11,240 $5,000 = $102,490
Down Payment + Buyer Costs Earnest Money = Cash to Close

Every 5% more down adds $19,250 to cash needed at closing.

How Cash to Close Is Calculated

Cash to close is the total amount of money a buyer needs to bring to the closing table. It starts with the down payment, adds all buyer closing costs (lender fees, title and escrow, prepaids, government fees), and then subtracts the earnest money deposit already paid. The result is the exact wire amount needed on closing day.

  • Down payment: purchase price minus loan amount ($385,000 - $288,750 = $96,250)
  • Plus all buyer closing costs: lender fees, title, escrow, prepaids ($11,240)
  • Minus earnest money deposit already paid ($5,000)
  • Equals cash to close: the exact amount to wire ($102,490)

Why It Is More Than Just the Down Payment

Many first-time investors budget only for the down payment and are surprised by the additional costs at closing. Buyer closing costs typically add 2-5% of the purchase price on top of the down payment. Prepaid items (tax reserves, insurance, prepaid interest) account for a large portion. The cash to close banner shows the complete picture so you can plan your liquidity accurately.

  • Down payment alone is $96,250 but cash to close is $102,490 -- a $6,240 gap
  • Prepaid escrow reserves can add thousands depending on closing date and tax cycle
  • Earnest money deposit reduces the final wire amount but must be paid upfront
  • Knowing the true number prevents last-minute scrambles for additional funds

Know Your Exact Cash to Close

Down payment, buyer fees, earnest money credit — see the exact wire amount before closing day.

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