Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$56,822Cash toward the purchase price.
Closing costs + prepaids$15,851Not just lender fees.
Before credits & paid funds$72,673The complete starting cash picture.
Estimated remaining funds due at closing
$72,673No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,821.82
Your down payment$56,821.82
Closing costs + prepaids$15,851.41
Total buyer cash needed$72,673.23
Remaining funds due$72,673.23
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,880.00
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)$2,524.75
Initial HOA (3 months)$22.50
Prepaid interest, first (25 days)$1,949.16
Fees + prepaids$15,851.41
Your down payment is the seller’s equity. You take over the $431,178 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $72,673.23 is due at closing. Uses and sources reconcile at $503,851.41 each. Not a Closing Disclosure.