Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$367,774Cash toward the purchase price.
Closing costs + prepaids$12,261Not just lender fees.
Before credits & paid funds$380,035The complete starting cash picture.
Estimated remaining funds due at closing
$380,035No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$367,773.62
Your down payment$367,773.62
Closing costs + prepaids$12,261.14
Total buyer cash needed$380,034.75
Remaining funds due$380,034.75
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)$454.25
Initial HOA (3 months)$336.00
Prepaid interest, first (23 days)$195.89
Fees + prepaids$12,261.14
Your down payment is the seller’s equity. You take over the $112,226 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $380,034.75 is due at closing. Uses and sources reconcile at $492,261.14 each. Not a Closing Disclosure.