There is a standard Federal Form that lists Seller's Credits. IIRC, some examples might be prorated property taxes, credit for oil in the oil tank, if mortgage assumed, credit for last month's pro-rata interest, etc, etc. Is there not a single document that enumerate all for both buyer and seller and yields a final payout?

I remember property taxes, pro rated.

The thing is, the document that I was sent seems as though it includes all of the things SaltiDawg has mentioned, so I'm not sure of what still needs to be added, and how that will effect the cost to close.

Some of the items can not possibly be accurately filled in until quite close to the actual closing date.

i.e if the closing slips a day, the pro-rated taxes slip.

Call the broker and tell him you politely insist on an explanation!

I might have to do that because I'm starting to feel physically ill. One of the numbers is quite a bit higher than the estimate I was given so I'm starting to sweat and get dizzy. This is our first home (if you couldn't tell). I also don't know if those estimates include our down payment.

Do you have a realtor? I think the realtor should walk you through all those. Ask your realtor for help?

You need to talk to your attorney.....that's what he/she is for.

Lenders need to give you some estimates prior to closing that must be signed. That's probably what those documents are--a lender requirement. You likely won't receive your final numbers until about 3 days before closing. BTW--a check of any kind may or may not be accepted by the title company. Depending on the amount you may have to do a wire transfer from your bank to the title company.

If there are any additional credits to be applied the amount will be lower. Credits can include property tax pro-rations and the seller's contribution to the closing costs. Lenders will often estimate the tax pro-rations, but will not include seller contributions to the closing costs (what is paid to the title company for their work). It varies by location, but in my area the seller pays for the title search and the title insurance. The buyer and seller split the documentation fees of the title company. Those costs are probably not given to you as credits right now.

At some point your agent should have explained all of this to you with a buyer's estimate of closing costs. Your lender should have also explained it.

Sounds like you are looking at the Closing Disclosure (a/k/a CD) and that has to be issued by the lender at least 3 days before closing, that is why they are asking for your signature. The Closing Disclosure is prepared by the lender - and then the title co or settlement attorney prepares the closing statement - which will match the Closing Disclosure with some differences due to pro-rations and credits.

Some of the differences in amounts have been mentioned by SaltiDawg. There are some figures that are shown as part of your closing costs that may be financed. For example, if you have an FHA loan, you have mortgage insurance that is shown as a lump sum (UPMIP) on the Closing Disclosure, but it is financed so you don't pay for it at closing. Not everyone finances the UPMIP, but most buyers do. Another potential credit is title insurance which is now shown as a buyer expense on the CD even if the seller pays it. This is why you need to discuss it with your Loan Officer so you have a complete understanding of your expenses, Go over it line by line.

And rrah is right, most title companies won't allow a check of any type. The norm is to wire the closing funds to the title company the day before closing.