Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$97,070Cash toward the purchase price.
Closing costs + prepaids$14,227Not just lender fees.
Before credits & paid funds$111,297The complete starting cash picture.
Estimated remaining funds due at closing
$111,297No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$97,069.85
Your down payment$97,069.85
Closing costs + prepaids$14,227.02
Total buyer cash needed$111,296.86
Remaining funds due$111,296.86
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,800.00
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)$991.50
Initial HOA (3 months)$4.74
Prepaid interest, first (26 days)$1,955.78
Fees + prepaids$14,227.02
Your down payment is the seller’s equity. You take over the $382,930 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $111,296.86 is due at closing. Uses and sources reconcile at $494,227.02 each. Not a Closing Disclosure.