How much cash will I need to purchase a house?

The amount of cash that is necessary depends on a number of items. Generally speaking, though, you will need to supply:

  • Earnest Money: The deposit that is supplied when you make an offer on the house
  • Down Payment: A percentage of the cost of the home that is due at settlement
  • Closing Costs: Costs associated with processing paperwork to purchase or refinance a house


Stacey ParksĀ NMLS# 56992 – Shelly Jones NMLS# 57012

Robert Jones NMLS # 1266752

Multiple Option Mortgage Services NMLS# 57052295

North Hubbards Lane, Suite 102, Louisville, KY 40207

Phone: 502-473-1817 Fax: 502-458-0330