diff --git a/packages/arb-token-bridge-ui/src/hooks/TransferPanel/useGasEstimates.ts b/packages/arb-token-bridge-ui/src/hooks/TransferPanel/useGasEstimates.ts
index 965d0be202..a1be6322c8 100644
--- a/packages/arb-token-bridge-ui/src/hooks/TransferPanel/useGasEstimates.ts
+++ b/packages/arb-token-bridge-ui/src/hooks/TransferPanel/useGasEstimates.ts
@@ -1,10 +1,13 @@
 import { BigNumber, Signer } from 'ethers'
 import useSWR from 'swr'
-import { useSigner } from 'wagmi'
+import { useAccount, useSigner } from 'wagmi'
 
 import { DepositGasEstimates, GasEstimates } from '../arbTokenBridge.types'
 import { BridgeTransferStarterFactory } from '@/token-bridge-sdk/BridgeTransferStarterFactory'
 import { getProviderForChainId } from '@/token-bridge-sdk/utils'
+import { useAppState } from '../../state'
+import { useBalanceOnSourceChain } from '../useBalanceOnSourceChain'
+import { useNetworks } from '../useNetworks'
 
 async function fetcher([
   signer,
@@ -36,35 +39,36 @@ async function fetcher([
 }
 
 export function useGasEstimates({
-  walletAddress,
-  sourceChainId,
-  destinationChainId,
   sourceChainErc20Address,
   destinationChainErc20Address,
-  amount,
-  sourceChainBalance
+  amount
 }: {
-  walletAddress?: string
-  sourceChainId: number
-  destinationChainId: number
   sourceChainErc20Address?: string
   destinationChainErc20Address?: string
   amount: BigNumber
-  sourceChainBalance: BigNumber | null
 }): {
   gasEstimates: GasEstimates | DepositGasEstimates | undefined
   error: any
 } {
+  const [{ sourceChain, destinationChain }] = useNetworks()
+  const {
+    app: { selectedToken: token }
+  } = useAppState()
+  const { address: walletAddress } = useAccount()
+  const balance = useBalanceOnSourceChain(token)
   const { data: signer } = useSigner()
 
+  const amountToTransfer =
+    balance !== null && amount.gte(balance) ? balance : amount
+
   const { data: gasEstimates, error } = useSWR(
-    signer && sourceChainBalance && sourceChainBalance.gte(amount)
+    signer
       ? ([
-          sourceChainId,
-          destinationChainId,
+          sourceChain.id,
+          destinationChain.id,
           sourceChainErc20Address,
           destinationChainErc20Address,
-          amount.toString(), // BigNumber is not serializable
+          amountToTransfer.toString(), // BigNumber is not serializable
           walletAddress,
           'gasEstimates'
         ] as const)
diff --git a/packages/arb-token-bridge-ui/src/hooks/TransferPanel/useGasSummary.ts b/packages/arb-token-bridge-ui/src/hooks/TransferPanel/useGasSummary.ts
index e888413c4d..27d8928040 100644
--- a/packages/arb-token-bridge-ui/src/hooks/TransferPanel/useGasSummary.ts
+++ b/packages/arb-token-bridge-ui/src/hooks/TransferPanel/useGasSummary.ts
@@ -1,6 +1,5 @@
 import { constants, utils } from 'ethers'
-import { useAccount } from 'wagmi'
-import { useCallback, useEffect, useMemo, useState } from 'react'
+import { useMemo } from 'react'
 import { useDebounce } from '@uidotdev/usehooks'
 
 import { useAppState } from '../../state'
@@ -40,7 +39,6 @@ export function useGasSummary(): UseGasSummaryResult {
   const [networks] = useNetworks()
   const { childChainProvider, parentChainProvider, isDepositMode } =
     useNetworksRelationship(networks)
-  const { address: walletAddress } = useAccount()
 
   const [{ amount }] = useArbQueryParams()
   const debouncedAmount = useDebounce(amount, 300)
@@ -64,17 +62,13 @@ export function useGasSummary(): UseGasSummaryResult {
 
   const { gasEstimates: estimateGasResult, error: gasEstimatesError } =
     useGasEstimates({
-      walletAddress,
-      sourceChainId: networks.sourceChain.id,
-      destinationChainId: networks.destinationChain.id,
       amount: amountBigNumber,
       sourceChainErc20Address: isDepositMode
         ? token?.address
         : token?.l2Address,
       destinationChainErc20Address: isDepositMode
         ? token?.l2Address
-        : token?.address,
-      sourceChainBalance: balance
+        : token?.address
     })
 
   const estimatedParentChainGasFees = useMemo(() => {
@@ -132,39 +126,27 @@ export function useGasSummary(): UseGasSummaryResult {
       }
     }
 
-    if (!balance) {
+    if (balance === null) {
       return {
         status: 'loading',
-        estimatedParentChainGasFees: undefined,
-        estimatedChildChainGasFees: undefined
+        estimatedParentChainGasFees,
+        estimatedChildChainGasFees
       }
     }
 
-    // If user has input an amount over their balance, don't estimate gas
     if (amountBigNumber.gt(balance)) {
       return {
         status: 'insufficientBalance',
-        estimatedParentChainGasFees: undefined,
-        estimatedChildChainGasFees: undefined
-      }
-    }
-
-    if (
-      typeof estimatedParentChainGasFees === 'undefined' ||
-      typeof estimatedChildChainGasFees === 'undefined'
-    ) {
-      return {
-        status: 'loading',
-        estimatedParentChainGasFees: undefined,
-        estimatedChildChainGasFees: undefined
+        estimatedParentChainGasFees,
+        estimatedChildChainGasFees
       }
     }
 
     if (gasEstimatesError) {
       return {
         status: 'error',
-        estimatedParentChainGasFees: undefined,
-        estimatedChildChainGasFees: undefined
+        estimatedParentChainGasFees,
+        estimatedChildChainGasFees
       }
     }