Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$175,313Cash toward the purchase price.
Closing costs + prepaids$15,504Not just lender fees.
Before credits & paid funds$190,817The complete starting cash picture.
Estimated remaining funds due at closing
$190,817No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$175,313.12
Your down payment$175,313.12
Closing costs + prepaids$15,504.35
Total buyer cash needed$190,817.47
Remaining funds due$190,817.47
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)$1,363.25
Initial HOA (3 months)$1,640.01
Prepaid interest, first (24 days)$1,226.09
Fees + prepaids$15,504.35
Your down payment is the seller’s equity. You take over the $304,687 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $190,817.47 is due at closing. Uses and sources reconcile at $495,504.35 each. Not a Closing Disclosure.