Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$88,755Cash toward the purchase price.
Closing costs + prepaids$13,406Not just lender fees.
Before credits & paid funds$102,162The complete starting cash picture.
Estimated remaining funds due at closing
$102,162No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$88,755.24
Your down payment$88,755.24
Closing costs + prepaids$13,406.34
Total buyer cash needed$102,161.57
Remaining funds due$102,161.57
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,750.00
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)$329.25
Initial HOA (3 months)$87.00
Prepaid interest, first (24 days)$1,765.09
Fees + prepaids$13,406.34
Your down payment is the seller’s equity. You take over the $386,245 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $102,161.57 is due at closing. Uses and sources reconcile at $488,406.34 each. Not a Closing Disclosure.