Duke University: What does CFPB say “estimated cash to close” includes?

DIRECT ANSWER

Source guidance recorded on 2026-10-15. Confirm the applicable policy year, cohort and property jurisdiction before relying on time-sensitive facts. This is general U.S. financial or tax educational guidance from the cited authority; school-specific eligibility, loan terms and an individual tax outcome are not established.

CFPB says Estimated Cash to Close includes the down payment and closing costs, minus any deposit already paid to the seller, seller credits, and other adjustments.