Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$450,000Cash toward the purchase price.
Closing costs + prepaids$11,009Not just lender fees.
Before credits & paid funds$461,009The complete starting cash picture.
Estimated remaining funds due at closing
$461,009No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$450,000.00
Your down payment$450,000.00
Closing costs + prepaids$11,008.50
Total buyer cash needed$461,008.50
Remaining funds due$461,008.50
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,500.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$283.50
Fees + prepaids$11,008.50
Your down payment is the seller’s equity. You take over the $0 balance, so the rest of the $450,000 price is paid at closing. A second mortgage can cover part of it. $461,008.50 is due at closing. Uses and sources reconcile at $461,008.50 each. Not a Closing Disclosure.