LSUGUMBO New Orleans Saints Fan Shreveport, LA Member since Sep 2005 3810 posts
re: Down payment vs closing cost vs cash to close (Posted on 9/23/12 at 11:22 pm to aparke7)
Down payment- what you bring to closing that will go into equity Closing costs- pre-paids (escrow & interest) + lender fees (origination, filing fees, etc) Cash at closing- down payment + closing costs.
