Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$256,871Cash toward the purchase price.
Closing costs + prepaids$13,329Not just lender fees.
Before credits & paid funds$270,201The complete starting cash picture.
Estimated remaining funds due at closing
$270,201No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$256,871.19
Your down payment$256,871.19
Closing costs + prepaids$13,329.36
Total buyer cash needed$270,200.55
Remaining funds due$270,200.55
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)$1,478.75
Initial HOA (3 months)$125.01
Prepaid interest, first (27 days)$450.60
Fees + prepaids$13,329.36
Your down payment is the seller’s equity. You take over the $223,129 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $270,200.55 is due at closing. Uses and sources reconcile at $493,329.36 each. Not a Closing Disclosure.