Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$322,315Cash toward the purchase price.
Closing costs + prepaids$12,438Not just lender fees.
Before credits & paid funds$334,752The complete starting cash picture.
Estimated remaining funds due at closing
$334,752No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$322,314.58
Your down payment$322,314.58
Closing costs + prepaids$12,437.66
Total buyer cash needed$334,752.24
Remaining funds due$334,752.24
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)$833.25
Prepaid interest, first (25 days)$329.41
Fees + prepaids$12,437.66
Your down payment is the seller’s equity. You take over the $157,685 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $334,752.24 is due at closing. Uses and sources reconcile at $492,437.66 each. Not a Closing Disclosure.