Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$120,013Cash toward the purchase price.
Closing costs + prepaids$13,975Not just lender fees.
Before credits & paid funds$133,988The complete starting cash picture.
Estimated remaining funds due at closing
$133,988No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,013.01
Your down payment$120,013.01
Closing costs + prepaids$13,975.42
Total buyer cash needed$133,988.42
Remaining funds due$133,988.42
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,820.00
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)$1,205.00
Prepaid interest, first (29 days)$1,475.42
Fees + prepaids$13,975.42
Your down payment is the seller’s equity. You take over the $361,987 balance, so the rest of the $482,000 price is paid at closing. A second mortgage can cover part of it. $133,988.42 is due at closing. Uses and sources reconcile at $495,975.42 each. Not a Closing Disclosure.