Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$356,424Cash toward the purchase price.
Closing costs + prepaids$12,219Not just lender fees.
Before credits & paid funds$368,644The complete starting cash picture.
Estimated remaining funds due at closing
$368,644No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$356,424.48
Your down payment$356,424.48
Closing costs + prepaids$12,219.27
Total buyer cash needed$368,643.75
Remaining funds due$368,643.75
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)$536.75
Initial HOA (3 months)$108.00
Prepaid interest, first (29 days)$349.52
Fees + prepaids$12,219.27
Your down payment is the seller’s equity. You take over the $118,576 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $368,643.75 is due at closing. Uses and sources reconcile at $487,219.27 each. Not a Closing Disclosure.