Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$298,491Cash toward the purchase price.
Closing costs + prepaids$12,680Not just lender fees.
Before credits & paid funds$311,171The complete starting cash picture.
Estimated remaining funds due at closing
$311,171No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$298,490.79
Your down payment$298,490.79
Closing costs + prepaids$12,679.95
Total buyer cash needed$311,170.74
Remaining funds due$311,170.74
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)$975.00
Prepaid interest, first (22 days)$429.95
Fees + prepaids$12,679.95
Your down payment is the seller’s equity. You take over the $181,509 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $311,170.74 is due at closing. Uses and sources reconcile at $492,679.95 each. Not a Closing Disclosure.