Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$348,692Cash toward the purchase price.
Closing costs + prepaids$14,040Not just lender fees.
Before credits & paid funds$362,733The complete starting cash picture.
Estimated remaining funds due at closing
$362,733No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$348,692.42
Your down payment$348,692.42
Closing costs + prepaids$14,040.45
Total buyer cash needed$362,732.87
Remaining funds due$362,732.87
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,800.00
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)$1,200.00
Initial HOA (3 months)$921.00
Prepaid interest, first (26 days)$644.45
Fees + prepaids$14,040.45
Your down payment is the seller’s equity. You take over the $131,308 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $362,732.87 is due at closing. Uses and sources reconcile at $494,040.45 each. Not a Closing Disclosure.