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Coldwell Banker Commercial
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CBC
615.719.4242Send Message
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Residential Tool

Buyer Cost Estimate

Total cash needed to close — down payment, closing costs, and prepaids.

Purchase Details

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Closing & Additional Costs

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months
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Cost Summary

Down Payment (20%)$100,000
Loan Amount$400,000
Closing Costs (3%)$15,000
Prepaid Interest (~15 days)$1,130
Prepaid Escrow (3 mo)$2,000
Inspection + Appraisal$1,100
Moving Costs$2,000

Total Cash to Close

$121,230

24.2% of purchase price

Note: Estimates only. Property taxes and insurance are approximated at 1.2% and 0.4% respectively. Your lender will provide exact figures via a Loan Estimate within 3 business days of application.

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