Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$7,580Cash toward the purchase price.
Closing costs + prepaids$13,884Not just lender fees.
Before credits & paid funds$21,463The complete starting cash picture.
Estimated remaining funds due at closing
$21,463No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,579.78
Your down payment$7,579.78
Closing costs + prepaids$13,883.69
Total buyer cash needed$21,463.47
Remaining funds due$21,463.47
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)$470.75
Initial HOA (3 months)$297.00
Prepaid interest, first (23 days)$1,890.94
Fees + prepaids$13,883.69
Your down payment is the seller’s equity. You take over the $467,420 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $21,463.47 is due at closing. Uses and sources reconcile at $488,883.69 each. Not a Closing Disclosure.