Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$175,722Cash toward the purchase price.
Closing costs + prepaids$12,970Not just lender fees.
Before credits & paid funds$188,692The complete starting cash picture.
Estimated remaining funds due at closing
$188,692No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$175,722.24
Your down payment$175,722.24
Closing costs + prepaids$12,969.79
Total buyer cash needed$188,692.03
Remaining funds due$188,692.03
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,550.00
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)$1,254.25
Prepaid interest, first (25 days)$690.54
Fees + prepaids$12,969.79
Your down payment is the seller’s equity. You take over the $279,278 balance, so the rest of the $455,000 price is paid at closing. A second mortgage can cover part of it. $188,692.03 is due at closing. Uses and sources reconcile at $467,969.79 each. Not a Closing Disclosure.