How much cash do you need to buy a $350,000 home?
Down payment plus realistic closing costs — the full cash-to-close figure for a $350k home.
A $350k home needs about $18k–$78k in upfront cash depending on down payment — split between your down payment and 2–5% in closing costs. Here’s the full itemized checklist.
Cash needed to buy a $350,000 home — by down payment
Down payment + closing costs = total cash required at the closing table (national average state).
| Scenario | 5% down $17,500 | 10% down $35,000 | 20% down $70,000 |
|---|---|---|---|
| Down payment | $17,500 | $35,000 | $70,000 |
| Closing costs | $12,188 | $11,969 | $11,532 |
| Total cash to close | $29,688 | $46,969 | $81,532 |
| Plus 3-month reserves Recommended but not required | $35,688 | $52,969 | $87,532 |
Same $350,000 home, different states
State taxes and recording fees are the biggest swing — NY/NJ/DC vs TX/FL/NC (at 10% down).
| Scenario | Low-cost state TX / FL / NC | National avg Typical | High-cost state NY / NJ / DC |
|---|---|---|---|
| Closing costs | $11,619 | $11,969 | $12,459 |
| Total cash to close | $46,619 | $46,969 | $47,459 |
Typical cash to close on a $350,000 home: about $46,969
With 10% down on a $350,000 home, plan on $46,969 cash at the closing table — that’s $35,000 down payment plus about $11,969 in closing costs (lender, title, escrow, and prepaid items).
Lower down payments reduce upfront cash but increase your monthly payment (PMI kicks in). Higher down payments require more cash but save you on interest and PMI over time.
Need help planning? See how fast you can save or run the closing costs calculator.
Common mistakes buyers make
See if a $350k home fits your budget
Now check whether the monthly payment works with your income — not just the cash upfront.
Frequently asked questions
Related tools
Keep planning with our other free calculators and guides.
Affordability calculator
See a full breakdown for your exact income and debts.
Mortgage calculator
Your real PITI monthly payment.
Closing costs calculator
The 2–5% cash you’ll need at the closing table.
PMI calculator
When and how much PMI you’ll pay.
Down payment calculator
Plan how fast you can save toward your goal.
All affordability scenarios
Browse every income × price combo we cover.
More affordability scenarios
Run the numbers on another income, price, or down payment.