Available Funds Worksheet
If you don't think you have enough money saved for a down payment, talk with your lender about the various mortgage products that have low down payment options. You may be surprised at how little a down payment you may need.
We suggest you print this worksheet and fill it out.
Available Funds Worksheet
Enter the assets that are available for down payment and closing costs.
Assets from the Borrower and a Co-Borrower
Savings Accounts $ ______ $ ___
Checking Accounts $ ___ $ ___
Stocks and Bonds, Mutual Funds, CDs, etc. $ __ $ ____
Cash Value of Life Insurance $ ___ $ ___
Proceeds from Sale of Current House $ __ $ _
Gifts from Relatives $ ____ $ __
Borrowing from 401(k)
or Other Retirement Savings Plan $ __ $ __
Other Assets (real estate, personal property, etc.) $ __ $ ____
Subtotal $ ____ $ __
Total $ ___
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