The final days before a home purchase are busy, which is exactly why the Closing Disclosure deserves a quiet, line-by-line review. It brings the loan terms, projected payment, fees and cash needed at closing into one final document.
Start with the payment and cash to close
Confirm the loan amount, interest rate, loan type, monthly principal and interest, mortgage insurance, estimated escrow and total monthly payment. Then compare Estimated Cash to Close with the amount you have prepared and the latest Loan Estimate.
Look for changed fees
Review origination charges, points, lender credits, services, title costs, prepaid interest, initial escrow and taxes. A change may be legitimate, but you should understand who changed it, why it changed and whether it affects the rate or long-term cost.
Keep wire fraud out of the closing
Verify wiring instructions through a trusted phone number you already have for the closing agent. Do not rely on a last-minute email that changes the destination account, even if the message looks familiar.
The HomeCostGrid view
Print or save the Loan Estimate and Closing Disclosure together. Mark every difference, ask questions in writing and keep a separate post-closing reserve instead of spending every available dollar at the table.
