Impound Account Balance Calculator
Estimate the monthly escrow payment and the initial deposit at closing. The deposit is set the way a servicer does it: project the first year, then collect enough so the lowest balance equals the cushion.
Deal inputs
A California example is loaded. Replace the numbers with the file you are working. Tax due dates and disbursement months fill in from the state. First payment is the 1st of the month two months after closing.
Estimate for Loan Estimate prep. Actual deposits follow the tax bill, insurance binder, HOA statement, and the servicer’s escrow analysis. State dates are typical patterns, not a tax-collector commitment. RESPA generally allows a cushion of up to two months of the total monthly escrow.
Initial deposit at closing
This is the aggregate figure. It is the number that should tie to Section G on the Loan Estimate after the aggregate adjustment.
Waiting for your inputs
Enter the annual bills and first payment date, then calculate.
| Monthly property tax | — |
|---|---|
| Monthly homeowners insurance | — |
| Monthly HOA | — |
| Total monthly escrow | — |
| Cushion | — |
| Lowest balance if you deposited $0 | — |
| Initial deposit (aggregate) | — |
Lowest balance after that deposit: —. Target is the cushion.
