Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$194,254Cash toward the purchase price.
Closing costs + prepaids$12,199Not just lender fees.
Before credits & paid funds$206,453The complete starting cash picture.
Estimated remaining funds due at closing
$206,453No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$194,253.66
Your down payment$194,253.66
Closing costs + prepaids$12,199.22
Total buyer cash needed$206,452.88
Remaining funds due$206,452.88
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,700.00
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)$493.50
Prepaid interest, first (25 days)$530.72
Fees + prepaids$12,199.22
Your down payment is the seller’s equity. You take over the $275,746 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $206,452.88 is due at closing. Uses and sources reconcile at $482,199.22 each. Not a Closing Disclosure.