Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$58,192Cash toward the purchase price.
Closing costs + prepaids$14,707Not just lender fees.
Before credits & paid funds$72,899The complete starting cash picture.
Estimated remaining funds due at closing
$72,899No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$58,191.82
Your down payment$58,191.82
Closing costs + prepaids$14,707.22
Total buyer cash needed$72,899.04
Remaining funds due$72,899.04
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)$1,359.00
Prepaid interest, first (26 days)$2,073.22
Fees + prepaids$14,707.22
Your down payment is the seller’s equity. You take over the $421,808 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $72,899.04 is due at closing. Uses and sources reconcile at $494,707.22 each. Not a Closing Disclosure.