Total Cash to Close Calculator

Calculate everything you need in cash to buy a home — not just the down payment. See your complete all-in cost including closing costs, prepaid items, escrow reserves, and more.

$
%
%
$
Total Cash to Close
$52,949
All-in cash required to complete your home purchase
Down Payment: $35,000
Closing Costs: $11,025
Prepaid Insurance: $1,200
Prepaid Tax: $1,050
Prepaid Interest: $874
Escrow Reserves: $900
Inspection: $400
Moving Costs: $2,500
Down Payment
$35,000
Est. Closing Costs
$11,025
Prepaid Items
$3,124
Upfront Fee
N/A

Customize each line item to match your actual loan estimate.

% of loan
$
$
$
$
mo
mo
$
Itemized Total Cash to Close
$47,624
ItemAmountWhen Due
Down Payment$35,000At closing
Origination Fee$3,150At closing
Title Insurance$2,000At closing
Appraisal$550At application
Home Inspection$400Before offer
Prepaid Insurance$1,200At closing
Prepaid Tax$1,050At closing
Prepaid Interest$874At closing
Escrow Reserves$900At closing
Moving Costs$2,500Moving day

Lenders and financial advisors recommend keeping 3-6 months of PITI in liquid savings after closing.

mo
$
Total Cash Needed (Including Reserves)
$67,907
Cash to close + 6 months PITI reserve
Monthly PITI
$2,493
Payment + tax + insurance
Reserves Needed
$14,959
6 months at $2,493/mo
Cash to Close
$52,949
Down + closing + prepaids
Total Cash Required
$67,907
Closing + reserves
Why reserves matter: Most loan programs require 2-6 months reserves. Investment properties and second homes require 6+ months. Having reserves prevents forced sale if income drops.

How to Use This Total Cash to Close Calculator

Most first-time buyers are surprised to learn that their down payment is only part of the cash they need. This calculator shows your complete upfront cash requirement in one place.

Quick Tab

Enter your Home Price, Down Payment %, Loan Type, and State. The calculator instantly shows the total cash needed across all categories — down payment, estimated closing costs (3.5% of loan), prepaid insurance, prepaid property tax, prepaid interest, escrow reserves, inspection, and moving costs.

Advanced: Cash Breakdown

Customize every line item to match the actual figures on your Loan Estimate. Adjust origination fees, title insurance, appraisal, prepaid months, and escrow cushion. Use the Loan Type Impact tab to compare how much cash each loan program requires. Use Gift Funds to understand how much of your down payment can come from family gifts.

Pro Tab

See your total cash requirement including post-closing reserves (lenders require 2-6 months PITI). Calculate how seller concessions reduce your cash needed. The Payment Timeline tab shows exactly when each payment is due throughout the buying process.

The Formula: All-In Cash to Close

Total Cash = Down Payment + Closing Costs + Prepaid Items + Escrow Reserves + Other

Where:
Closing Costs = Origination + Title + Appraisal + Recording + Other (typically 2-5% of loan)
Prepaid Items = 12mo Insurance + 2-6mo Property Tax + ~15 days Interest
Escrow Reserves = (Monthly Tax + Monthly Insurance) x 2-3 months
Other = Home Inspection + Moving Costs

For a $350,000 home with 10% down ($35,000), the loan is $315,000. Closing costs at 3.5% = $11,025. Prepaid insurance $1,200 + prepaid tax $1,050 (3 months at $4,200/yr) + prepaid interest $390 + escrow reserves $875 + inspection $400 + moving $2,500 = total cash to close of approximately $52,440. That is nearly 50% more than the down payment alone.

Example: Real Total Cash Calculation

Maria Buying Her First Home in Phoenix, AZ

Home price: $380,000. FHA loan with 3.5% down. Annual property tax: $3,800. Annual insurance: $1,400.

Down Payment (3.5%)$13,300
Closing Costs (est. 3.5% of loan)$12,729
FHA Upfront MIP (1.75%)$6,423
Prepaid Insurance (12mo)$1,400
Prepaid Property Tax (3mo)$950
Prepaid Interest (~15 days)$406
Escrow Reserves (2mo)$855
Home Inspection$400
Moving Costs$2,500
Total Cash to Close$38,963

Maria thought she only needed $13,300 for the down payment. The true all-in cash requirement is nearly $39,000 — almost 3x her down payment. Planning for this early prevents surprises at the closing table.

Frequently Asked Questions

Total cash to close includes your down payment, closing costs (lender fees, title insurance, appraisal), prepaid items (first year insurance, 2-6 months property tax, prepaid interest), escrow reserves (2-3 months of tax and insurance), home inspection, and moving costs. It is significantly more than just your down payment — typically 1.5x to 3x the down payment amount.
Closing costs typically run 2-5% of the loan amount. On a $280,000 loan that is $5,600 to $14,000. Prepaid items and escrow reserves add another $3,000-$6,000 on top. Your lender is required to provide a Loan Estimate (LE) within 3 business days of application showing all expected costs. Compare it to the Closing Disclosure you receive 3 days before closing.
Yes, with limits depending on loan type. FHA, VA, and USDA loans allow 100% of the down payment to be a gift. Conventional loans allow gifts when down payment is 20% or more. With 10-19% down on a conventional loan, up to 50% can be gifted. Below 10% down conventional typically requires all funds to come from the borrower. Gift funds must be documented with a gift letter and bank statements showing the transfer.
Yes. Seller concessions (seller credits) can cover closing costs and prepaid items, reducing your out-of-pocket cash to close. Limits are: conventional 3-9% (by down payment %), FHA 6%, VA 4% (concessions) + all closing costs, USDA 6%. They cannot reduce cash below the required down payment. In a buyers market, negotiating seller credits is a common strategy to reduce upfront costs.
Lenders require 2-6 months of PITI (principal, interest, taxes, insurance) in savings after closing to ensure you can make payments if income drops. Investment properties require 6 months per financed property. Beyond lender requirements, financial advisors recommend 3-6 months of reserves. Depleting all savings at closing leaves you vulnerable to unexpected repairs or income disruption.

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