RealCostIQ
realcostiq.com · Cash-to-Close Worksheet

Cash-to-Close Worksheet

Fill in your numbers to see the total cash a home purchase actually requires. Rates and rules reflect July 2026 (Freddie Mac 30-yr ≈ 6.58%). Educational only — your lender's Loan Estimate is the authoritative figure.

1 · The purchase

Home purchase price
Down payment %3% conv · 3.5% FHA · 5% · 10% · 20%
Down payment amountprice × down payment %
Loan amountprice − down payment

2 · Cash due at closing

Down payment (from above)
Closing costsCFPB: 2%–5% of price
− Earnest money already paid1%–3%, credited back to you
− Seller / lender credits
Cash to close

3 · Keep in reserve (after closing)

Cash reservesmonths of full payment (PITI); investment property = 6 mo
First-year maintenancerule of thumb ≈ 1% of home value / year
Moving + immediate furnishings
Total cash needed (close + reserve)
Sources: Down-payment minimums — Fannie Mae (3%) and HUD/FHA (3.5% at 580+ FICO). Closing costs 2%–5% — Consumer Financial Protection Bureau. Reserve requirements — Fannie Mae Selling Guide B3-4.1-01. Rate — Freddie Mac PMMS, week of July 23, 2026.