The cash-to-close ledger
Reconcile down payment, costs, prepaids, credits and available cash.
Use one current disclosure version
- The current Loan Estimate or Closing Disclosure
- Purchase contract, deposits and seller-credit terms
- Title, recording and settlement charges
- Accessible cash excluding the reserve you will protect
Rebuild the amount due from its parts
Start with current disclosure figures.
Enter deposits and credits once.
Protect a reserve outside cash to close.
Protect the cash left after closing
The result separates estimated cash due from cash remaining after the transaction.
Closing Cost Checklist for Home Buyers covers the controlling document terms and questions outside this result.
Reconcile the result after a credit changes
Credits reduce cash due but costs have also changed
Enter the down payment, loan costs, other costs and prepaids from the same disclosure version. Add deposits and credits once, then compare estimated cash to close with accessible funds. Re-run the worksheet whenever the disclosure changes instead of carrying forward an old total.
Items that may still move before settlement
- Last-minute prorations
- Wire or timing changes
- Unentered repair and moving costs