What Is “Cash to Close”?
Your cash to close is the total amount you must bring to closing, which includes:
Down payment
Closing costs
Prepaid taxes and insurance
Any required reserves
Doorly provides your exact cash-to-close figure well before closing.
Typical Cash-to-Close Components
1. Down Payment (10% minimum)
The largest portion of your total.
2. Closing Costs
Usually 3%–6% of the home price.
3. Prepaid Items
These are required by all lenders:
Property taxes (partial-year)
Homeowner’s insurance (first year premium)
When Do You Get Your Final Amount?
Your final figure is provided in your Closing Disclosure (CD) at least three days before closing, per federal TRID requirements.
You will also receive a breakdown inside your Doorly dashboard.