Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$302,333Cash toward the purchase price.
Closing costs + prepaids$12,662Not just lender fees.
Before credits & paid funds$314,995The complete starting cash picture.
Estimated remaining funds due at closing
$314,995No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$302,333.43
Your down payment$302,333.43
Closing costs + prepaids$12,661.99
Total buyer cash needed$314,995.41
Remaining funds due$314,995.41
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,600.00
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)$1,058.75
Initial HOA (3 months)$159.99
Prepaid interest, first (25 days)$368.25
Fees + prepaids$12,661.99
Your down payment is the seller’s equity. You take over the $157,667 balance, so the rest of the $460,000 price is paid at closing. A second mortgage can cover part of it. $314,995.41 is due at closing. Uses and sources reconcile at $472,661.99 each. Not a Closing Disclosure.