Conventional · Estimated Cash to Close$30,957Closing on August 19, 2026
Loan Amount
Base Loan Amount$332,500
Total Loan (financed)$332,500
Lender Fees (editable)
$
$
$
$
$
$
$
Discount Points
%
$
Lender Fees + Points Subtotal$2,935
Title & Escrow
Lender's Title Insurance$1,430
Owner's Title Insurance$1,780
Settlement / Closing Fee$500
Title Search & Exam$200
Recording Fee$125
Wire & Notary$75
Title & Escrow Subtotal$4,110
Government & Recording
Transfer Tax$1,295
Mortgage Recording Tax (TN)$380
Government & Recording Subtotal$1,675
TN Realty Transfer Tax: $0.37 per $100 of value
Prepaid Items
12 Months Homeowner's Insurance$1,225
Daily Interest (13 days × $61)$799
Prepaids Subtotal$2,024
Escrow Reserves
Escrow waiver requires 20% or more down payment
11 Months Property Tax$2,406
TN schedule · closing in August
3 Months Insurance$306
Reserves Subtotal$2,713
Tax reserve months follow the TN prepaid schedule based on your closing month. This varies by state and protects the lender from a tax lien gap.
Total Closing Costs
Lender Fees$2,935
Title & Escrow$4,110
Government & Recording$1,675
Prepaid Items$2,024
Escrow Reserves$2,713
Total Closing Costs$13,457
Cash to Close Calculation
Down Payment$17,500
+ Total Closing Costs$13,457
$
Combine earnest money already paid, seller concessions, lender credits, and any other credits into one total here.
Total Cash Needed at Closing$30,957
Estimated APR7.130%Note rate 6.750% · 30-year term
What is APR? The Annual Percentage Rate reflects your note rate plus lender fees, prepaid interest, upfront mortgage insurance, and monthly mortgage insurance premiums for the period required — expressed as an annual rate. APR is typically 0.10–0.75% higher than your note rate for Conventional loans and 0.40–1.00% higher for FHA/VA/USDA loans (due to upfront and monthly MI), and is the standard apples-to-apples comparison number across lenders. This estimate includes lender fees ($2,935), prepaid interest ($799), and monthly MI of $103 for 120 months. Title fees, taxes, and insurance are excluded per Reg Z Appendix J. Estimated APR is for educational purposes only — your actual APR will be disclosed on your Loan Estimate.
APR estimate calculated per Reg Z Appendix J methodology — actual APR may vary based on final loan terms, points, and lender-specific fee structure. Estimates based on national averages and state-specific transfer tax conventions. Title fees vary by underwriter and county. Actual costs depend on lender, title company, and specific transaction. This is not a Loan Estimate or commitment to lend. NMLS #1119524.
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