Enter Mortgage Details
Tip: Enter home price and down payment to auto-fill loan amount.
Example Data Table
Sample inputs and outputs to verify your setup.
| Scenario | Home Price | Down Payment | Loan | Closing Costs | Prepaids | Cash to Close |
|---|---|---|---|---|---|---|
| Sample A | $300,000 | $60,000 | $240,000 | $5,235 | $2,631 | $67,866 |
| Sample B | $450,000 | $90,000 | $360,000 | $7,120 | $3,940 | $101,060 |
Samples assume 1% origination, 1 point, and typical third-party fees.
Formula Used
- Loan amount:
Loan = Home Price - Down Payment(auto-filled when possible). - Discount points:
Points = Loan x (Points% / 100). - Origination fee:
Origination = Loan x (Origination% / 100). - Prepaid interest:
Loan x (Rate% / 100) / 365 x Days. - Escrow deposits:
(Annual Tax / 12 x Tax Months) + (Annual Insurance / 12 x Insurance Months). - Closing costs:
Lender Fees + Third-Party Fees + Government Fees + Other Fees. - Estimated cash to close:
Down Payment + Closing Costs + Prepaids.
How to Use This Calculator
- Enter home price and down payment (or loan amount).
- Set interest rate and choose a term.
- Adjust lender fees like origination and points.
- Review third-party and government fees based on your location.
- Set taxes, insurance, escrow months, and prepaid interest days.
- Click Calculate Fees to see totals and downloads.