Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$7,228Cash toward the purchase price.
Closing costs + prepaids$15,937Not just lender fees.
Before credits & paid funds$23,165The complete starting cash picture.
Estimated remaining funds due at closing
$23,165No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,227.96
Your down payment$7,227.96
Closing costs + prepaids$15,936.56
Total buyer cash needed$23,164.53
Remaining funds due$23,164.53
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,640.00
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)$2,446.00
Initial HOA (3 months)$13.74
Prepaid interest, first (27 days)$2,361.82
Fees + prepaids$15,936.56
Your down payment is the seller’s equity. You take over the $456,772 balance, so the rest of the $464,000 price is paid at closing. A second mortgage can cover part of it. $23,164.53 is due at closing. Uses and sources reconcile at $479,936.56 each. Not a Closing Disclosure.