Cash to Close Calculator 2026
Calculate the exact cash you need at closing: down payment + closing costs + prepaid taxes/insurance + escrow reserves. $400K home with 5% down = ~$33,200 cash to close. Free, instant, no SSN.
Know Exactly How Much Cash You Need
Down payment + closing costs + prepaid + escrow = your total cash to close. No surprises at closing.
📊 Cash to Close Calculator
📋 What's Included in Cash to Close?
1. Down Payment
3-20% of home price. Conventional: 3% min. FHA: 3.5% min. VA: 0% min. USDA: 0% min. Larger down payment = lower monthly payment but more cash needed.
2. Closing Costs
2-5% of loan amount. Includes origination fee, appraisal, title insurance, recording fees, credit report. Negotiable with seller concessions.
3. Prepaid Items
Property taxes (6 months), homeowners insurance (14 months), daily interest (from closing to end of month). These are not fees — they are prepayments.
4. Escrow Reserves
2 months of property taxes and insurance held in escrow as a buffer. Required by most lenders when LTV is above 80%.
💡 5 Ways to Reduce Cash to Close
1. Seller Concessions (Save $5K-$15K)
Ask seller to pay part of your closing costs. Conventional: up to 3% (5%+ down), 6% (10%+ down). FHA: up to 6%. VA: up to 4%. Negotiate this in your offer.
2. Down Payment Assistance (Save $5K-$15K)
State and local programs offer grants (free money, no repayment) up to $15K. Available in all 50 states for first-time buyers and some repeat buyers. Find DPA programs →
3. Lender Credits (Save $3K-$8K)
Lender pays your closing costs in exchange for a 0.25% higher interest rate. Good if you are short on cash but can afford a slightly higher monthly payment.
4. Gift Funds (Save $10K-$50K)
Family members can gift you down payment funds. Need a gift letter stating no repayment expected. Conventional and FHA both allow gift funds.
5. Low/Zero Down Loans (Save $10K-$80K)
VA: 0% down (veterans). USDA: 0% down (rural areas). Conventional 3%: Fannie Mae HomeReady / Freddie Mac Home Possible. FHA: 3.5% down. Compare zero-down loans →
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Compare Lenders Free →❓ Cash to Close FAQ
What is cash to close?
Total cash needed at closing: down payment + closing costs + prepaid items + escrow reserves + upfront MIP/funding fee. Calculate yours →
How much cash do I need for a $400K home?
Conventional 5% down: ~$33,200. FHA 3.5% down: ~$33,375. VA 0% down: ~$11,300. Use calculator for exact numbers. See your exact amount →
Can I get help with cash to close?
Yes! Seller concessions, DPA grants, lender credits, gift funds, 401K loans. Up to $15K in free grants available. Find assistance →
Closing costs vs cash to close?
Closing costs = lender/third-party fees (2-5%). Cash to close = down payment + closing costs + prepaid + escrow. Cash to close is always higher. See breakdown →