Well my brain is fried, so I need some assistance. I am checking a closing disclosure for a purchase transaction and cannot figure out what is wrong with page 3 and the cash to close scenario listed below:

Calculating Cash to Close
Total Closing Costs $3,818.68
Closing Costs Paid Before Closing -$687.00
Closing Cost Financed -$3,131.68
Deposit -$500
Adjustments $65.16

Cash to Close -$434.84
_________________________________________________________________________
Summaries of Transaction
01 Sale Price of Property $90,000
03 Closing Costs Paid at Closing $3,131.68
04 Additional Items $17,983.91
09 County taxes $65.16
Due from Borrower at Closing $111,180.75

01 Deposit $500
02 Loan Amount $111,200
Paid already by or on behalf of borrower at closing $111,700

Calculation
Total Due from Borrower at Closing $111,180.75
Total paid already by borrower at closing -$111,700.00

Cash to Close To Borrower $519.25
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So the cash to close figure under calculating cash to close is different then the figure obtain under summaries of transactions. These figures have to be the same right?

I have looked at this so long I just am not sure I have this right in my head. Any help is appreciated.

So I have to ask, this is a purchase but you have closing costs that are being financed? I am not sure what system you are using but with Compliance One this typically happens when the sales price or amount due to the seller is missing in a step. Also if it is a purchase there should not be a surplus to the borrower(typically). I am not sure what system you have but my guess is that the sales price or amount due to the seller is missing some where. Or the wrong product type was chosen. Is this a Conventional loan?

Correct this is a purchase and closing costs are being financed.

I will look farther into the sales price and amount due to the seller, but from what I can tell these both appear to be correct.

Yes it is a conventional loan.