What does “amount financed” mean when getting a mortgage loan?

The amount financed is shown on page 5 of your Closing Disclosure under "Loan Calculations."  It shows the amount of money you are borrowing from the lender, minus most of the upfront fees the lender is charging you. For example, if you have a $100,000 loan, but the lender is charging you $4,000 in certain types of fees in order to get the loan, the “amount financed” would be $96,000. 

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