Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$39,804Cash toward the purchase price.
Closing costs + prepaids$15,488Not just lender fees.
Before credits & paid funds$55,293The complete starting cash picture.
Estimated remaining funds due at closing
$55,293No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$39,804.41
Your down payment$39,804.41
Closing costs + prepaids$15,488.15
Total buyer cash needed$55,292.56
Remaining funds due$55,292.56
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)$1,651.50
Initial HOA (3 months)$540.00
Prepaid interest, first (25 days)$2,071.65
Fees + prepaids$15,488.15
Your down payment is the seller’s equity. You take over the $435,196 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $55,292.56 is due at closing. Uses and sources reconcile at $490,488.15 each. Not a Closing Disclosure.