Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$37,200Cash toward the purchase price.
Closing costs + prepaids$13,992Not just lender fees.
Before credits & paid funds$51,192The complete starting cash picture.
Estimated remaining funds due at closing
$51,192No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$37,199.93
Your down payment$37,199.93
Closing costs + prepaids$13,991.94
Total buyer cash needed$51,191.86
Remaining funds due$51,191.86
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)$789.25
Initial HOA (3 months)$66.24
Prepaid interest, first (24 days)$1,911.45
Fees + prepaids$13,991.94
Your down payment is the seller’s equity. You take over the $437,800 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $51,191.86 is due at closing. Uses and sources reconcile at $488,991.94 each. Not a Closing Disclosure.