Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$391,105Cash toward the purchase price.
Closing costs + prepaids$12,452Not just lender fees.
Before credits & paid funds$403,557The complete starting cash picture.
Estimated remaining funds due at closing
$403,557No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$391,105.47
Your down payment$391,105.47
Closing costs + prepaids$12,451.87
Total buyer cash needed$403,557.34
Remaining funds due$403,557.34
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)$870.00
Prepaid interest, first (24 days)$306.87
Fees + prepaids$12,451.87
Your down payment is the seller’s equity. You take over the $88,895 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $403,557.34 is due at closing. Uses and sources reconcile at $492,451.87 each. Not a Closing Disclosure.