Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$248,658Cash toward the purchase price.
Closing costs + prepaids$12,316Not just lender fees.
Before credits & paid funds$260,974The complete starting cash picture.
Estimated remaining funds due at closing
$260,974No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$248,657.85
Your down payment$248,657.85
Closing costs + prepaids$12,315.91
Total buyer cash needed$260,973.76
Remaining funds due$260,973.76
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)$670.00
Prepaid interest, first (22 days)$370.91
Fees + prepaids$12,315.91
Your down payment is the seller’s equity. You take over the $231,342 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $260,973.76 is due at closing. Uses and sources reconcile at $492,315.91 each. Not a Closing Disclosure.