Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$285,205Cash toward the purchase price.
Closing costs + prepaids$12,194Not just lender fees.
Before credits & paid funds$297,399The complete starting cash picture.
Estimated remaining funds due at closing
$297,399No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$285,204.97
Your down payment$285,204.97
Closing costs + prepaids$12,193.94
Total buyer cash needed$297,398.91
Remaining funds due$297,398.91
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)$361.50
Initial HOA (3 months)$60.00
Prepaid interest, first (28 days)$547.44
Fees + prepaids$12,193.94
Your down payment is the seller’s equity. You take over the $189,795 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $297,398.91 is due at closing. Uses and sources reconcile at $487,193.94 each. Not a Closing Disclosure.