Why does my cash-to-close keep changing every time I get an updated estimate?

Why does my cash-to-close keep changing?

Your cash-to-close amount keeps changing because multiple moving parts get updated throughout the loan process. Each time you receive a new Closing Disclosure, the lender recalculates costs based on the most current information available.

Several factors commonly cause these changes. Your loan amount might shift if the home appraises differently than expected. Interest rates can change between your initial estimate and closing, affecting prepaid interest calculations. Property tax and insurance estimates get refined as the lender receives actual bills or updated quotes. Escrow account funding also gets recalculated based on when closing happens and when your first payments come due.

Check each new estimate against your previous one to spot what changed. Compare the loan amount, interest rate, and closing date first. Then review Section F for prepaids and Section G for initial escrow deposit—these sections show the calculations behind your cash requirement.

Share specific line items you have questions about with your lender. They can walk you through exactly what changed and why the new amount differs from your earlier estimate.