This worksheet helps organize the moving pieces before you receive official disclosures. It is educational and does not quote a loan, determine eligibility or replace a Loan Estimate.
Build a working cash-to-close estimate
Eligible VA borrowers may be able to purchase without a down payment, but closing costs and prepaid expenses can still require cash. Enter your current estimates below. Credits reduce the working total; earnest money already deposited is also subtracted.
Your working estimate
Actual figures may include other adjustments. A VA funding fee may apply and may often be financed; exempt borrowers may not owe it. Confirm the official amount with the lender and closing agent.
Compare complete VA options →What belongs in the estimate?
Many eligible VA purchases use zero down, but a borrower may choose a down payment for strategic reasons.
These can include lender, title, recording and settlement charges permitted by the program.
Property-tax escrows, homeowners insurance and daily interest can create a meaningful upfront amount.
Michigan property taxes can change following a transfer, and insurance depends on the property. Treat online estimates as a planning range until the parties produce transaction-specific figures.
Official sources
Review the VA funding-fee and closing-cost guide and compare the result with your official Loan Estimate.
Mortgage Loan Originator · NMLS #642953 · Leeward Point Mortgage LLC, Company NMLS #1823590. More than 30 years of mortgage experience. Reviewed September 3, 2026.