Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$248,297Cash toward the purchase price.
Closing costs + prepaids$12,872Not just lender fees.
Before credits & paid funds$261,169The complete starting cash picture.
Estimated remaining funds due at closing
$261,169No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$248,296.69
Your down payment$248,296.69
Closing costs + prepaids$12,872.50
Total buyer cash needed$261,169.19
Remaining funds due$261,169.19
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,750.00
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)$884.50
Initial HOA (3 months)$84.75
Prepaid interest, first (26 days)$678.25
Fees + prepaids$12,872.50
Your down payment is the seller’s equity. You take over the $226,703 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $261,169.19 is due at closing. Uses and sources reconcile at $487,872.50 each. Not a Closing Disclosure.