Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$47,028Cash toward the purchase price.
Closing costs + prepaids$15,376Not just lender fees.
Before credits & paid funds$62,404The complete starting cash picture.
Estimated remaining funds due at closing
$62,404No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,027.92
Your down payment$47,027.92
Closing costs + prepaids$15,376.20
Total buyer cash needed$62,404.12
Remaining funds due$62,404.12
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,240.00
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)$1,585.00
Prepaid interest, first (24 days)$2,076.20
Fees + prepaids$15,376.20
Your down payment is the seller’s equity. You take over the $476,972 balance, so the rest of the $524,000 price is paid at closing. A second mortgage can cover part of it. $62,404.12 is due at closing. Uses and sources reconcile at $539,376.20 each. Not a Closing Disclosure.