{
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  "@type": "Dataset",
  "name": "How do you read a Closing Disclosure?",
  "description": "Check five things: the loan terms (rate, payment, prepayment penalty), the cash-to-close figure on page 1, that Section A fees match your Loan Estimate (they can't legally increase), that Section C increases are under 10%, and that seller credits actually appear. You get it 3 business days before signing — use them.",
  "url": "https://www.revenuelab.fyi/answers/how-to-read-a-closing-disclosure",
  "dateModified": "2026-10-01",
  "creator": {
    "@type": "Organization",
    "name": "RevenueLab",
    "url": "https://www.revenuelab.fyi"
  },
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "keywords": [
    "Closing Costs Calculator",
    "Rent vs Buy Net Worth Calculator"
  ],
  "distribution": {
    "@type": "DataDownload",
    "contentUrl": "https://www.revenuelab.fyi/api/public/page.json?path=answers%2Fhow-to-read-a-closing-disclosure",
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  "json": {
    "type": "answer",
    "question": "How do you read a Closing Disclosure?",
    "shortAnswer": "Check five things: the loan terms (rate, payment, prepayment penalty), the cash-to-close figure on page 1, that Section A fees match your Loan Estimate (they can't legally increase), that Section C increases are under 10%, and that seller credits actually appear. You get it 3 business days before signing — use them.",
    "tableTitle": "Closing Disclosure audit checklist",
    "columns": [
      "Where",
      "What to verify",
      "Red flag"
    ],
    "rows": [
      {
        "label": "Page 1, Loan Terms",
        "value": "Rate, monthly payment, fixed vs ARM",
        "note": "Any change from the Loan Estimate"
      },
      {
        "label": "Page 1, Cash to Close",
        "value": "Matches your bank balance plan",
        "note": "Surprise increases"
      },
      {
        "label": "Page 2, Section A",
        "value": "Lender fees identical to LE",
        "note": "Zero-tolerance violation"
      },
      {
        "label": "Page 2, Section C",
        "value": "Title/escrow within 10% of LE",
        "note": "Fee creep on shopped services"
      },
      {
        "label": "Page 3, Summaries",
        "value": "Seller credit and earnest money applied",
        "note": "Missing credits"
      }
    ],
    "context": "The 3-day rule exists so you can push back: if a zero-tolerance fee increased, the lender must cure it; if key terms (APR, prepayment penalty, loan product) change, a new 3-day clock starts. Compare the CD side-by-side with your last Loan Estimate — the form was redesigned in 2015 specifically so the two line up. The 'Summaries of Transactions' page is where prorations, credits, and your earnest money deposit land; most last-minute surprises hide there.",
    "methodology": "Structure and tolerance rules per the CFPB TRID rule (0% tolerance on lender fees and services you couldn't shop; 10% cumulative on shopped third-party services from the lender's list).",
    "dateModified": "2026-10-01",
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      {
        "label": "Closing Costs Calculator",
        "to": "/closing-costs-calculator"
      },
      {
        "label": "Rent vs Buy Net Worth Calculator",
        "to": "/rent-vs-buy-net-worth-calculator"
      }
    ],
    "relatedReading": [
      {
        "label": "How to calculate closing costs for the buyer",
        "to": "/answers/how-to-calculate-closing-costs-for-buyer"
      }
    ]
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}