Once closing has been scheduled, this is likely to be your next question: How much money do I need to bring?
It’s a natural question. After all, buying a home is probably the largest purchase you’ll ever make! There’s no one-size-fits-all answer to this question; it will be different for every transaction.
So, how can you figure out how much you’ll need? Start by using the free closing calculator at our website, FooteTitleGroup.com. This will help you get a rough number so that you have a ballpark figure.
Then, look at the loan estimate from your lender. This is an estimated cost of your loan, including the price of the house, fees, and other charges. Review this document to see how much you’ll need to bring with you in the form of a cashier’s check or wire transfer.
You can also prepare for closing day by reading carefully through the sample documents book on our website, which gives you a review of 50 of the most common documents you will see at your closing. Take a look at them before your closing so you’ll have a better understanding of what you are signing.