The Closing Disclosure is a five-page form showing your final loan terms, monthly payment, closing costs and cash to close. Your lender must give it to you at least three business days before closing. Compare it line by line with your Loan Estimate, and ask about any differences right away: some changes restart the three-day waiting period.
What’s on each page
- Page 1: loan amount, rate, monthly payment, whether the payment can rise, and cash to close.
- Page 2: every closing cost, sorted into lender charges, services you could or couldn’t shop for, taxes and government fees, prepaids and escrow.
- Page 3: how your cash to close was calculated, and a summary of the transaction with credits and adjustments.
- Page 4: loan features: assumability, late fees, escrow account details.
- Page 5: the total of payments, finance charge, APR and contact information.
Compare it with your Loan Estimate
Some costs can’t increase at all from the Loan Estimate, like the lender’s own origination charges. Others can rise by up to 10% in total, such as services you chose from the lender’s list and recording fees. Others can change freely, such as prepaid interest and insurance. Check these first:
- The interest rate and whether it’s locked.
- Loan amount, term and type.
- Section A, origination charges and points.
- Any new fees that weren’t on the Loan Estimate.
- Credits from the seller or lender you negotiated.
Changes that restart the clock
If the APR rises beyond a small tolerance, the loan product changes (for example, fixed to adjustable), or a prepayment penalty is added, you must receive a new Closing Disclosure and another three business days to review it before closing.
Check your cash to close
Make sure your earnest money, seller credits and any repair credits appear. Confirm the total with the cash to close calculator and cash to close, explained.
Ask questions now
Call your loan officer and closing agent as soon as the form arrives. Fixing errors before closing day is much easier than after. Then review the closing day checklist.
Common questions
When do I get the Closing Disclosure?
At least three business days before closing.
What if my Closing Disclosure doesn’t match my Loan Estimate?
Some costs can’t increase, others can rise up to 10% in total, and others can change. Ask your lender to explain any differences right away.
Can closing be delayed by changes to the Closing Disclosure?
Yes. A higher APR beyond tolerance, a different loan product or an added prepayment penalty requires a new three-day review period.
Updated October 2026. Educational content. OfferBacked is not currently a lender and doesn’t issue pre-approvals or loans.