Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$299,716Cash toward the purchase price.
Closing costs + prepaids$12,967Not just lender fees.
Before credits & paid funds$312,683The complete starting cash picture.
Estimated remaining funds due at closing
$312,683No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$299,715.68
Your down payment$299,715.68
Closing costs + prepaids$12,967.17
Total buyer cash needed$312,682.84
Remaining funds due$312,682.84
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)$1,158.50
Initial HOA (3 months)$120.00
Prepaid interest, first (25 days)$413.67
Fees + prepaids$12,967.17
Your down payment is the seller’s equity. You take over the $180,284 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $312,682.84 is due at closing. Uses and sources reconcile at $492,967.17 each. Not a Closing Disclosure.