Tell us about the house you're interested in, and we'll tell you approximately how much cash you'll need at closing:
Complete the fields above to determine approximately how much cash you would need in order to purchase a particular property. TAB or mouse-click between fields as you enter data, then click the "Calculate" button.
Closing costs are based on an average of customary closing costs around the nation and include a 1% origination fee; your actual closing costs will reflect costs common and customary to your area and may vary according to specific product type selected.
Prepaid expenses include 30-days prepaid interest and 2 month's escrow for taxes, home owners insurance, and private mortgage insurance, if applicable; actual prepaid expenses may vary according to closing date and property location.
Reserves are funds available to borrower after closing and do not have to be paid to lender.