Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$40,042Cash toward the purchase price.
Closing costs + prepaids$15,077Not just lender fees.
Before credits & paid funds$55,119The complete starting cash picture.
Estimated remaining funds due at closing
$55,119No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,042.05
Your down payment$40,042.05
Closing costs + prepaids$15,077.17
Total buyer cash needed$55,119.21
Remaining funds due$55,119.21
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,740.00
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)$1,123.00
Initial HOA (3 months)$1,005.00
Prepaid interest, first (22 days)$1,734.17
Fees + prepaids$15,077.17
Your down payment is the seller’s equity. You take over the $433,958 balance, so the rest of the $474,000 price is paid at closing. A second mortgage can cover part of it. $55,119.21 is due at closing. Uses and sources reconcile at $489,077.17 each. Not a Closing Disclosure.