Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$31,978Cash toward the purchase price.
Closing costs + prepaids$15,775Not just lender fees.
Before credits & paid funds$47,753The complete starting cash picture.
Estimated remaining funds due at closing
$47,753No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$31,977.90
Your down payment$31,977.90
Closing costs + prepaids$15,774.85
Total buyer cash needed$47,752.75
Remaining funds due$47,752.75
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,700.00
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)$2,249.75
Initial HOA (3 months)$117.99
Prepaid interest, first (25 days)$2,232.11
Fees + prepaids$15,774.85
Your down payment is the seller’s equity. You take over the $438,022 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $47,752.75 is due at closing. Uses and sources reconcile at $485,774.85 each. Not a Closing Disclosure.