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Cash to Close Calculator

The number people underestimate most. Down payment, closing costs, prepaids, and escrow reserves — minus your earnest money and any seller or lender credits.

Loan Details

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$40,000
3% min20%50%

Closing Costs

Estimated percentage

%

Applied to loan amount. Typical range: 2–3%.

Prepaids & Escrow

Items collected at closing: prepaid interest, initial escrow deposits for taxes and insurance.

$
$
$

Credits

Seller concessions, lender credits, or other amounts that reduce your cash due at closing.

Estimated Cash to Close

$50,350

10% down on a $400,000 home  ·  Conventional loan  ·  90.0% LTV

How It Breaks Down

Down Payment

10% of $400,000

$40,000.00
+

Closing Costs (est. 2.5%)

2.5% of $360,000 loan

$9,000.00
+

Prepaids & Escrow

3 items

$1,350.00
=

Total Cash to Close

$50,350.00

Closing costs are an estimate based on 2.5% of the loan amount. Switch to “Itemize fees” to enter your Loan Estimate figures exactly.

Loan Amount

$360,000

LTV

90.0%

PMI may apply

Down Payment

$40,000

10% of price

Down Payment Comparison

Your scenario

10% down

Down payment$40,000
Est. closing costs$9,000
Est. total cash$49,000
Loan amount$360,000
LTV90.0%

5% down

5% down

Down payment$20,000
Est. closing costs$9,500
Est. total cash$29,500
Loan amount$380,000
LTV95.0%

Comparison uses an estimated 2.5% for closing costs. Prepaids and credits not included.

Prepaids & Escrow Detail

Homeowners insurance (2 mo.)$300.00
Property tax escrow (2 mo.)$600.00
Prepaid interest (15 days)$450.00
Total Prepaids$1,350.00

This is an estimate for informational purposes only. Your actual cash to close will be shown on your official Closing Disclosure, which you will receive at least 3 business days before closing. Contact a licensed loan officer for a precise figure.

The short answer

How much cash do I need to close on a house?

Cash to close is more than the down payment. It also includes closing costs, prepaid property taxes and homeowners insurance, and escrow reserves, reduced by earnest money already paid and any seller or lender credits. On a typical Portland purchase the total runs well above the down payment alone.

Run your numbers with us

A calculator gives you an estimate. A conversation gives you the number you can actually plan around — David and Bri will walk you through it down to the decimal.