Free tool

Cash to Close Calculator

The down payment is not the only cash a deal needs. Add the closing costs and the reserves the lender holds back, and you get the real number. Nothing is saved, and there is no signup wall.

Purchase price ($)

Down payment (%)

Loan points (%)

Points are charged on the loan amount.

Other closing costs ($)

Origination, title, appraisal, and the rest.

Monthly payment, PITIA ($)

Used to size the reserves.

Reserve months required (#)

Why this matters

Investors who budget only the down payment are the ones caught short by the reserve requirement at the worst moment. The lender wants to see the down payment, the closing costs, and several months of payments held back, all available at closing. Run this before you write the offer.

To find the monthly PITIA to enter above, use the DSCR calculator, which builds the full payment. Then confirm the deal qualifies with the pre-qualifier.