What Is Cash to Close?

Cash to close is the total amount of money you must bring to the closing table to finalize your home purchase. It includes your down payment plus any remaining closing costs, minus credits such as seller concessions or earnest money you’ve already paid.

What Costs Are Included?

Closing costs can vary by transaction but typically include:

• Home appraisal fees

• Title search and title insurance

• Attorney or settlement fees

• Loan application and origination fees

• Mortgage insurance premiums, if required

• Government or loan program fees (FHA, VA, USDA)

• Property inspections, such as pest or termite inspections

Some of these costs may be paid by the seller or rolled into the loan, depending on your contract and loan program.

How Earnest Money Affects Cash to Close

When your offer is accepted, you likely provided an earnest money deposit. This amount is held in escrow and credited toward your cash to close, reducing the amount you need to bring on closing day.

The Role of Your Down Payment

Your down payment makes up the largest portion of your cash to close. Depending on your loan type, this could range from zero down to 20% or more of the purchase price. Your lender will review this during underwriting to confirm the funds are available and sourced properly.

How Do You Pay Cash to Close?

You won’t be expected to bring physical cash to closing. Most lenders accept:

• Cashier’s checks made payable to the closing agent

• Certified checks from a financial institution

• Wire transfers, with verification to prevent fraud

Personal checks, cash, and credit or debit cards are typically not accepted.

Final Thoughts

Knowing your cash to close amount ahead of time allows you to plan confidently and avoid last-minute stress. Review your Closing Disclosure carefully and ask your lender any questions before closing day—so when it’s time to sign, you can focus on the excitement of becoming a homeowner.