Your Closing Disclosure, decoded

Type the same eight numbers from your Loan Estimate and your Closing Disclosure. We line them up, show what changed, and tell you what to ask before you sign. Nothing is stored.

StateCounty

Loan purpose: purchase.

From your Loan Estimate

1Loan amount$The total you are borrowing.2Interest rate%The rate on the note. Not the APR.3Monthly principal and interest$The part of the payment that pays the loan itself.4Estimated total monthly payment$Adds taxes, insurance and mortgage insurance.5Estimated closing costs$Everything you pay to get the loan, before your down payment.6Estimated cash to close$What you bring to the table.7In 5 years, total paid$The form's own five-year total.8APR%The rate once fees are counted. This is not your interest rate.

From your Closing Disclosure

What changed

Line	Loan Estimate	Closing Disclosure	Change	What to know

The three-day rule

You must receive this form at least three business days before closing. If the APR changed by more than 0.125 points on a fixed-rate loan, the loan product changed, or a prepayment penalty was added, the clock restarts.

This is different from the three-day right to cancel that some refinance and home equity borrowers get after signing. That rescission rule does not apply to a home purchase. Source: CFPB.

You pay

in interest and fees over 5 years, from your Closing Disclosure

Over 30 years

total interest and fees on this loan

Compared with your county in 2024

Before you sign

Benchmarks are 2024 first-lien conventional purchase loans reported under HMDA. lowest.mortgage is not a lender and does not review your loan. This tool explains the numbers you enter; it is not legal advice.