Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$40,943Cash toward the purchase price.
Closing costs + prepaids$13,993Not just lender fees.
Before credits & paid funds$54,936The complete starting cash picture.
Estimated remaining funds due at closing
$54,936No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,942.76
Your down payment$40,942.76
Closing costs + prepaids$13,993.11
Total buyer cash needed$54,935.87
Remaining funds due$54,935.87
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,157.00
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)$312.50
Prepaid interest, first (25 days)$2,048.61
Fees + prepaids$13,993.11
Your down payment is the seller’s equity. You take over the $474,757 balance, so the rest of the $515,700 price is paid at closing. A second mortgage can cover part of it. $54,935.87 is due at closing. Uses and sources reconcile at $529,693.11 each. Not a Closing Disclosure.