Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$46,940Cash toward the purchase price.
Closing costs + prepaids$15,206Not just lender fees.
Before credits & paid funds$62,146The complete starting cash picture.
Estimated remaining funds due at closing
$62,146No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$46,939.75
Your down payment$46,939.75
Closing costs + prepaids$15,205.86
Total buyer cash needed$62,145.62
Remaining funds due$62,145.62
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,450.00
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)$534.50
Initial HOA (3 months)$300.00
Prepaid interest, first (27 days)$2,446.36
Fees + prepaids$15,205.86
Your down payment is the seller’s equity. You take over the $498,060 balance, so the rest of the $545,000 price is paid at closing. A second mortgage can cover part of it. $62,145.62 is due at closing. Uses and sources reconcile at $560,205.86 each. Not a Closing Disclosure.