Closing cost and cash to close calculator
Put the down payment beside the closing costs and see the total cash a buyer needs on closing day.
Estimated closing cost
Nothing you type here is sent anywhere.
| Loan amount | $400,000 |
|---|---|
| Monthly principal and interest (estimate) | $2,528 |
| Closing costs entered (estimate) | $12,000 |
| Total cash to close (estimate) | $112,000 |
Estimates for illustration. Your title company sets the final figures.
Have cash to close on your phone at the buyer consult
The same calculator is in My Virtual Boss, next to today's schedule, your follow-ups and owner lookup. See it in the app
Free to start. Premium in the app: $24.99/month.
How cash to close is calculated
Cash to close is the down payment plus the buyer's closing costs. The calculator also shows the loan amount and the monthly principal and interest, because the buyer will ask.
- Loan amount
The purchase price minus the down payment.
Price − down payment
- Monthly principal and interest
The payment on the loan alone, at the rate and term you enter. Taxes, insurance, mortgage insurance and HOA dues come on top.
Loan × r ÷ (1 − (1 + r) ^ −n), r = rate ÷ 12, n = years × 12
- Lender and settlement costs
One number for the buyer's closing costs. Replace the default with the figures on the lender's Loan Estimate as soon as you have it.
- Florida taxes on the loan
Two lines Florida buyers with a loan pay that buyers in many states don't: doc stamps on the note and mortgage at 35 cents per $100 borrowed, and intangible tax at $2 per $1,000. Include them in lender and settlement costs.
Loan ÷ 100, rounded up, × $0.35, plus loan × 0.002
- Total cash to close
Down payment plus closing costs. The escrow deposit is usually credited at closing, so it comes out of this total, not on top of it.
Down payment + closing costs
Worked example: $500,000 purchase
$100,000 down (20%), 6.5% for 30 years, and $12,000 entered for lender and settlement costs.
- Purchase price
- $500,000
- Loan amount
- $400,000
- Monthly principal and interest
- $2,528
- Down payment
- $100,000
- Closing costs entered
- $12,000
- Total cash to close (estimate)
- $112,000
In Florida, $2,200 of those closing costs is the loan taxes alone: $1,400 in doc stamps on the note and $800 in intangible tax on $400,000.
What usually sits in a buyer's closing costs
Every lender and title company itemizes differently. These are the lines to ask about when a Florida buyer wants a closer number.
- Origination or points, appraisal and credit report
- Lender's title policy, plus the owner's policy where the buyer pays it (custom in Miami-Dade and Broward)
- Doc stamps on the note, intangible tax and recording fees
- Survey and inspections
- Prepaid homeowners insurance and months of property tax for escrow
- HOA or condo application and transfer fees
Sources: sections 201.08 and 199.133, Florida Statutes; Florida Department of Revenue, nonrecurring intangible tax. Checked October 2026.
Itemized closing costs in the app
Estimated Closing Cost in the app goes line by line. Enter the price and down payment as dollars or a percentage, adjust the default fees, and tap Show Results.
- Origination, appraisal, credit report, inspection, survey, recording and attorney or escrow fees
- Owner's and lender's title insurance, prepaid taxes, insurance and HOA
- Optional buyer broker compensation, in dollars or percent
- Tap any amount in the Cost Breakdown to edit it
on the Tools tab. Estimated Closing Cost is one of them.
When agents run cash to close
The first buyer consult
Before they talk to a lender, show what $500,000 means in cash on closing day, not only the down payment.
Writing an offer with a seller credit
Lower the closing costs by the credit you plan to ask for and show the buyer what they'll bring.
When the rate moves
Change the rate and the payment updates while you're on the phone.
Run the numbers here. Run your day in the app
- Today's schedule, already plannedOpen the app and today's schedule is waiting, from 8:00 AM to 7:00 PM. It says what to work on and when. Add your own tasks alongside it.
- Follow-ups in your MVB CRMSet a date and time for each follow-up. When it's due, the app asks “Did you follow up?” with a push reminder. Call, text or email in one tap.
- Open-house sign-ins, with the Starter KitWith the Digital Lead Capture Kit, visitors tap the registration card to submit their details on their own phones. Review submissions and manage your follow-up in the app.
- Owner lookup, price shown in the appOwner phone numbers and email for a property, charged only when the owner is found.
- Robert's trainingRobert Ernst, a Florida broker and real estate instructor, on video for each part of the day. Part of Premium.
Free to start. Premium in the app: $24.99/month.
3 follow-ups and 6 high-priority tasks today
Questions agents ask
How much are closing costs for a buyer in Florida?
It depends on the loan, the lender's fees and the county. Two lines are set by law: doc stamps on the note at 35 cents per $100 borrowed and intangible tax at $2 per $1,000. On a $400,000 loan that's $2,200. Get the rest from the lender's Loan Estimate.
What's the difference between closing costs and cash to close?
Closing costs are the fees and taxes for the purchase and the loan. Cash to close is everything the buyer brings: the down payment plus those costs, minus credits and the deposit already paid.
Can the seller pay the buyer's closing costs?
Yes, if both sides agree in the contract. It's usually written as a seller credit. The buyer's loan program may limit how much credit is allowed, so check with the lender first.
Does the monthly payment include taxes and insurance?
No. It's principal and interest only. Taxes, homeowners insurance, mortgage insurance and HOA dues are added on top. The mortgage calculator in the app includes them.
Who pays the owner's title policy in Florida?
In most Florida counties the seller typically pays. In Miami-Dade and Broward the buyer typically pays, so include it in the buyer's closing costs there.
Related tools
Have the buyer's numbers before they ask
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