Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$356,343Cash toward the purchase price.
Closing costs + prepaids$11,818Not just lender fees.
Before credits & paid funds$368,160The complete starting cash picture.
Estimated remaining funds due at closing
$368,160No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$356,342.51
Your down payment$356,342.51
Closing costs + prepaids$11,817.58
Total buyer cash needed$368,160.09
Remaining funds due$368,160.09
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,770.00
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)$223.00
Prepaid interest, first (25 days)$349.58
Fees + prepaids$11,817.58
Your down payment is the seller’s equity. You take over the $120,657 balance, so the rest of the $477,000 price is paid at closing. A second mortgage can cover part of it. $368,160.09 is due at closing. Uses and sources reconcile at $488,817.58 each. Not a Closing Disclosure.