Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$47,622Cash toward the purchase price.
Closing costs + prepaids$14,499Not just lender fees.
Before credits & paid funds$62,121The complete starting cash picture.
Estimated remaining funds due at closing
$62,121No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,622.44
Your down payment$47,622.44
Closing costs + prepaids$14,498.84
Total buyer cash needed$62,121.28
Remaining funds due$62,121.28
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$725.00
Initial HOA (3 months)$200.01
Prepaid interest, first (31 days)$2,298.83
Fees + prepaids$14,498.84
Your down payment is the seller’s equity. You take over the $432,378 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $62,121.28 is due at closing. Uses and sources reconcile at $494,498.84 each. Not a Closing Disclosure.