Cash-to-close calculator
What you'll bring to closing.
Cash to close is the total amount you need to wire or bring as a certified cashier's check on closing day. It includes your down payment, lender origination fees, prepaid property taxes and homeowner's insurance, plus Allegiance's closing-side fees for title insurance, document preparation, and recording.
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Inputs
Tell us about the purchase.
Estimate
Estimated cash to close
$66,653
On a $240,000 mortgage
Down payment
20% of sale price
$60,000
Lender fees (origination + discount)
1% of loan amount
$2,400
Appraisal fee (paid up front, estimate)
$550
Lender's title insurance (simultaneous issue)
Reduced rate when seller buys Owner's policy
$200
Allegiance closing fee
$425
Document preparation
$150
Wire fee
$35
Recording service
$75
County recording fees
Deed + mortgage
$60
Property tax escrow (prepaid)
3 months
$1,125
Homeowner's insurance (year 1)
$1,400
Insurance escrow (prepaid)
2 months
$233
This is an estimate. The Closing Disclosure (CD) from your lender is the authoritative document for cash-to-close. Actual figures depend on your lender, closing date, proration calculations, and any adjustments agreed to in the purchase agreement.
Allegiance fees reflect the Feb 2026 published fee schedule. Title insurance premiums use First American Eagle filed rates effective November 2024. Both are subject to confirmation on the title commitment.
What's included
Every line item, explained.
Down payment
Set by your purchase agreement and lender requirements. Conventional loans typically require 5 to 20 percent. FHA loans allow as little as 3.5 percent. VA and USDA loans are often zero down for eligible buyers. Your down payment is the single largest component of cash to close.
Lender fees and appraisal
Origination fee, discount points, and appraisal costs vary by lender and loan type. Within three business days of application your lender is required to provide a Loan Estimate, which is the authoritative disclosure for all lender-controlled fees. The appraisal fee in this estimate is a typical Southeast Michigan residential figure.
Title and closing fees
As the buyer you pay for the Lender's title insurance policy. When the seller purchases an Owner's policy at the same closing, the Lender's policy qualifies for Allegiance's reduced simultaneous-issue rate. Allegiance's closing fee, document preparation, wire fee, recording service, and county recording costs are also reflected here.
Prepaids and escrows
Lenders collect the first full year of homeowner's insurance at closing, plus two to six months of property tax and insurance upfront to seed the escrow account. These are not extra costs. They are costs you would pay regardless, just collected at closing so the lender can pay them from escrow when they come due.
Ready to open an order?
We'll walk you through every closing cost.
Once an order is open, Allegiance prepares a detailed closing disclosure with the lender so there are no surprises at the table. Most orders are acknowledged within one business hour during weekday hours.