Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$56,144Cash toward the purchase price.
Closing costs + prepaids$14,906Not just lender fees.
Before credits & paid funds$71,050The complete starting cash picture.
Estimated remaining funds due at closing
$71,050No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,144.30
Your down payment$56,144.30
Closing costs + prepaids$14,905.87
Total buyer cash needed$71,050.17
Remaining funds due$71,050.17
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)$1,803.25
Initial HOA (3 months)$8.76
Prepaid interest, first (23 days)$1,818.86
Fees + prepaids$14,905.87
Your down payment is the seller’s equity. You take over the $423,856 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $71,050.17 is due at closing. Uses and sources reconcile at $494,905.87 each. Not a Closing Disclosure.