The bank's assessment of the plan finally came back today. We were hoping that it would be more than 5% of what the cost was so that we don't have to bring any money to the closing. The final number came back in at almost $30,000 above cost so we are well above the number that we needed.
That is such a relief. Now we can continue to squirrel our money away in savings so we have that much more to add to the down payment.
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