Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$120,039Cash toward the purchase price.
Closing costs + prepaids$13,633Not just lender fees.
Before credits & paid funds$133,672The complete starting cash picture.
Estimated remaining funds due at closing
$133,672No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,038.92
Your down payment$120,038.92
Closing costs + prepaids$13,632.64
Total buyer cash needed$133,671.56
Remaining funds due$133,671.56
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)$1,372.75
Initial HOA (3 months)$225.00
Prepaid interest, first (24 days)$809.89
Fees + prepaids$13,632.64
Your down payment is the seller’s equity. You take over the $354,961 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $133,671.56 is due at closing. Uses and sources reconcile at $488,632.64 each. Not a Closing Disclosure.