Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$53,788Cash toward the purchase price.
Closing costs + prepaids$14,080Not just lender fees.
Before credits & paid funds$67,868The complete starting cash picture.
Estimated remaining funds due at closing
$67,868No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,787.60
Your down payment$53,787.60
Closing costs + prepaids$14,080.07
Total buyer cash needed$67,867.67
Remaining funds due$67,867.67
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,880.00
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)$780.75
Prepaid interest, first (24 days)$1,944.32
Fees + prepaids$14,080.07
Your down payment is the seller’s equity. You take over the $434,212 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $67,867.67 is due at closing. Uses and sources reconcile at $502,080.07 each. Not a Closing Disclosure.